List of Income Tax (IT) Notifications 2016 issued by CBDT

List of Income Tax (IT) Notifications 2016 issued by the Central Board of Direct Taxes (CBDT) for amendments in the provisions under the Income Tax Act/ Rules (download pdf copy):

Income Tax Notifications (2017)

Notification No./ Date/ Description
IT Notification 124/2016 dt. 30 Dec. : CBDT notifies that cut off date for declaration under the Direct Tax Dispute Resolution Scheme (DTDRS) 2016 has been extended from 31 Dec. 2016 to 31 Jan. 2017.
IT Notification 123/2016 dt. 28 Dec. : CBDT notifies ‘Black Money Undisclosed Foreign Income and Assets (UFIA) and Imposition of Tax (Amendment) Rules, 2016’ along with prescribed rules for service of notice under Black Money Act.
IT Notification 106/2016 dt. 21 Nov.CBDT has amended/ notified the Income Tax Rule Rule 10V relating to offshore fund managers’s business connection (S. 9A), which was earlier notified w.e.f. 15 March 2016 vide Notification No. 14/2016.
IT Notification 105/2016 dt. 16 Nov.CBDT notifies the ‘Income Tax (31st Amendment) Rules, 2016 to introduce new Income tax ‘Rule 12E’ on ‘Prescribed Authority under Section 143(2)’, stipulating that scrutiny notices should not be issued by the officials below the rank of ITO.
IT Notification 99/2016 dt. 25 Oct.CBDT notifies the ‘Prohibition of Benami Property Transactions Rules, 2016’ under the ‘Prohibition of Benami Property Transactions Act, 1988 (45 of 1988)’, applicable from 1 Nov. 2016.
IT Notification 93/2016 dt. 14 Oct. : CBDT notifies conditions for ‘deemed demerger’ of erstwhile Public Sector Company (PSU) by way of ‘Reconstruction’ or ‘Splitting-up’ as a result of transfer of its shares by the Central Govt.
IT Notification 92/2016 dt. 7 Oct. : CBDT has notified/ amended Income Tax Rule 17CA(4) for denial of exemption to electoral trusts regarding acceptance of contributions from Government company and Foreign Sources.
IT Notification 91/2016 dt. 6 Oct. : CBDT has notified/ amended IT Rule 114D regarding submission of statement in Form 61 containing particulars of declarations received in Form No. 60. by the persons referred to in under Rule 114C.
IT Notification 90/2016 dt. 5 Oct. : CBDT notifies new Income Tax Rule 129 regarding Form 68 for Application u/s 270AA, i.e. application to Assessing Officer for immunity from imposition of penalty under section 270A and from initiation of proceedings under section 276C or section 276CC.
IT Notification 89/2016 dt. 4 Oct. : For the purpose of Section 35ABA, the CBDT has notified Rule 6A on Expenditure for obtaining right to use spectrum for telecommunication services, thru Income-tax (24th Amendment) Rules, 2016.
IT Notification 81/2016 dt. 9 Sept. : CBDT notifies that No TDS is applicable on Payments to Tirumala Tirupati Balaji Devsthanam Trust under Sections 193, 194A or 194I of the Income Tax act, 1961 w.e.f. 9 Sept. 2016.
IT Notification 80/2016 dt. 8 Sept. : CBDT Notifies Tax Information Exchange Agreement between the Governments of India and Seychelles.
IT Notification 75/2016 dt. 19 Aug. : CBDT notifies that provisions of S.206 relating to TCS shall not apply to certain class or class of buyers, i.e. Government, Embassies & Notified UN Institutions.
IT Notification 67/2016 dt. 9 Aug. : CBDT notifies revised IT Form 10A, to mandate details of PAN of Authors/ Founders/ Trustees/ Managers.
IT Notification 66/2016 dt. 24 Oct. : CBDT notifies eligible projects/ schemes/ institutions for deduction under Section 35AC of the Income Tax Act, 1961 during the Financial Year 2016-17 and also the cases where enhancement/ extension is approved.
IT Notification 65/2016 dt. 24 Oct. : CBDT notifies eligible projects/ schemes/ institutions for deduction under Section 35AC of the Income Tax Act, 1961 during the Financial Year 2016-17 and also the cases where enhancement/ extension is approved.
IT Notification 63/2016 dt. 22 Sept. : CBDT notifies eligible projects/ schemes/ institutions for deduction under Section 35AC of the Income Tax Act, 1961 during the Financial Year 2016-17 and also the cases where enhancement/ extension is approved.
IT Notification 61/2016 dt. 22 Sept. : CBDT notifies eligible projects/ schemes/ institutions for deduction under Section 35AC of the Income Tax Act, 1961 during the Financial Year 2016-17 and also the cases where enhancement/ extension is approved.
IT Notification 49/2016 dt. 22 June : CBDT notifies that provisions of GAAR shall be applicable w.e.f. 1st April 2017, i.e. any tax benefit or transfer before that date shall be outside the ambit of GAAR.
IT Notification 35/2016 dt. 26 MayCBDT notifies the Direct Tax Dispute Resolution Scheme (DTDRS) Rules, 2016 effective from 1 June 2016.
IT Notification 34/2016 dt. 26 May : CBDT notifies 31 Dec., 2016 as the cut off date on or before which a person may make declaration under the Direct Tax Dispute Resolution Scheme, 2016.

For Official copy of the CBDT’s Income Tax Notifications 2016, please visit the Source website:

http://www.incometaxindia.gov.in/

Related Posts:

Latest Income Tax Orders issued by CBDT

Latest Income Tax Circulars issued by CBDT