List of Latest Income Tax (IT) Notifications 2017 issued by CBDT

List of latest Income Tax (IT) Notifications 2017 issued by the Central Board of Direct Taxes (CBDT) for amendments in the provisions under the Income Tax Act/ Rules (download pdf copy):

Notification No./ Date/ Description
IT Notification 96/2017 dt. 9 Nov.: CBDT notifies International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) as ‘Scientific Research Association’ (AY 2017-18 and onwards) for the purpose of IT Section 35(1)(ii) read with IT Rule 5C and 5D.
IT Notification 95/2017 dt. 9 Nov.: Govt. notifies tax exemption for certain specified incomes of Telangana Building and Other Construction Workers Welfare Board u/s 10(46) during FY 2017-18 to 2021-22.
IT Notification 94/2017 dt. 9 Nov.: Govt. notifies tax exemption for certain specified incomes of Haryana State Legal Services Authority u/s 10(46) during FY 2015-16 to 2019-20.
IT Notification 93/2017 dt. 2 Nov.: Third Protocol on India-NewZealand Convention for Avoidance of Double Taxation and Prevention of Evasion of Taxes on Income.
IT Notification 92/2017 dt. 31 Oct.: CBDT notifies Income-tax (24th Amendment) Rules, 2017. New IT Rules 10DA and 10DB have been inserted along with new IT Forms 3CEAA, 3CEAB, 3CEAC, 3CEAD for Guidelines on maintaining and furnishing of Transfer Pricing (TP) Documentation in Master File and Country-by-Country Reporting (CbCR).
IT Notification 91/2017 dt. 30 Oct.Govt. has notified Indian Commodity Exchange Limited (PAN: AABCI9479D) as a ‘recognised association’ for the purpose of Section 43(5)(e)(iii) of the Income-tax Act, 1961, subject to certain conditions.
IT Notification 90/2017 dt. 27 Oct.: Protocol amending India-Slovenia Convention for Avoidance of Double Taxation and Prevention of Evasion of Taxes on Income.
IT Notification 89/2017 dt. 27 Oct. : Govt. notifies tax exemption for certain specified incomes of Madhya Pradesh Pollution Control Board (MPPCB) u/s 10(46) during FY 2016-17 to 2020-21.
IT Notification 88/2017 dt. 27 Oct.Govt. notifies tax exemption for certain specified incomes of Swasthya sathi Samiti Kolkata u/s 10(46) during FY 2016-17 to 2020-21.
IT Notification 87/2017 dt. 27 Oct.Govt. notifies “Arulmigu Kapaleeswarar Thirukoil, Mylapore, Chennai,”, to be place of historic importance and a place of public worship of renown throughout the state of Tamil Nadu for the purposes of the IT Section 80G(2)(b).
IT Notification 86/2017 dt. 5 Oct. : Income Tax (23rd amendment) Rules 2017 notified. Rule 11N amended to increase sitting fee of National Committee Members from Rs. 3000 to Rs. 6000.
IT Notification 85/2017 dt. 26 Sept. : CBDT Notifies exemption of specified income of FIFA under-17 Football World Cup 2017 to be held at India.
IT (Systems) Notification 8/2017 dt. 13 Sept. : CBDT clarifies the issue of TDS on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor.
IT Notification 84/2017 dt. 30 Aug. : Govt. notifies tax exemption for certain specified incomes of Gujarat Electricity Regulatory Commission (GERC) u/s 10(46) during FY 2017-18 to 2020-21.
IT Notification 83/2017 dt. 30 Aug. : Govt. notifies ‘Asadharan Suraksha Seva Praman Patra‘ for the purpose of gallantry awards exemption u/s 10(18)(i) of Income Tax Act, 1961.
IT Notification 82/2017 dt. 30 Aug. : Protocol amending the DTAA between the Government of India and Vietnam for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income applicable w.e.f. 21 Feb. 2017.
IT Notification 81/2017 dt. 28 Aug. : Govt. notifies Institute for Stem Cell Biology and Regenerative Medicine, Bangalore as approved ‘Scientific Research Association’ for the purpose of Section 35(1)(ii) of the Income-tax Act, 1961 from AY 2016-17 onwards, subject to certain conditions.
IT Notification 80/2017 dt. 18 Aug. : CBDT notifies Income Tax (22nd Amendment) Rules 2017 for modification/ revision in Form 29B relating to MAT Audit Report u/s 115JB read with IT Rule 40B.
IT Notification 79/2017 dt. 8 Aug. : Govt. notifies IRFC Ltd Bonds as long term specified asset for the purpose of IT Section 54EC.
IT Notification 78/2017 dt. 3 Aug. : Govt.notifies 121 countries/ specified territories for the purpose of IT Section 9A(3)(b).
IT Notification 77/2017 dt. 3 Aug. : Govt notifies that conditions specified in section 9A(3)(e), (f) and (g) shall not apply in case of an investment fund set up by a Category-I/ II SEBI registered foreign portfolio investor.
IT Notification 76/2017 dt. 28 July : Govt. notifies tax exemption for certain specified incomes of Himachal Pradesh Electricity Regulatory Commission (HPERC) u/s 10(46) during FY 2017-18 to 2021-22.
IT Notification 73/2017 dt. 26 July : CBDT Amends Notification S.O. 3204(E) dt. 14 Oct. 2016.
IT Notification 72/2017 dt. 25 July : CBDT Amends Notification S.O. 1590(E) dt. 16 May 2017.
IT Notification 71/2017 dt. 25 July : CBDT Amends Notification S.O. 1621(E) dt. 18 May 2017.
IT Notification 66/2017 dt. 20 July : Govt. notifies tax exemption for certain specified incomes of Haryana Electricity Regulatory Commission (HERC) u/s 10(46) during FY 2017-18 to 2021-22.
IT Notification 64/2017 dt. 19 July : CBDT Notifies certain jurisdictional amendments.
IT Notification 63/2017 dt. 19 July : CBDT rescinds Notifications Nos. S.O. 1614(E)/ 26 Sept. 2006, S.O. 2024(E)/ 30 Nov. 2007 and S.O. 3250(E)/ 25 Oct. 2013.
IT Notification 62/2017 dt. 18 July : CBDT notifies Income Tax (21st Amendment) Rules, 2017. Modifies Form 3CEFA, w.e.f. 1 Apr. 2017)
IT Notification 61/2017 dt. 12 July : CBDT notifies final IT rules relating to “Valuation of Unquoted Equity Share” for the purposes of section 56 and section 50CA of the Income-tax Act, 1961.
CBDT (DGIT Systems) Notification 7/2017 dt. 29 June : CBDT notifies Procedure of intimating AADHAAR Number  by PAN holder and quoting of the same in PAN ​applications.
IT Notification 60/2017 dt. 6 July : Corrigendum to Notification No. 58/2017 dt. 3 July 2017 relating to amendments in Clause 31 of Tax Audit Report Form 3CD w.e.f. 19 Jul. 2017.
IT Notification 59/2017 dt. 6 July : CBDT notifies Income-tax (19th Amendment) Rules, 2017 and amends IT Rule 29B/ Form 15C w.e.f. 4 July 2017.
IT Notification 58/2017 dt. 3 July : CBDT notifies amendments in Clause 31 of Tax Audit Report Form 3CD w.e.f. 19 Jul. 2017.
IT Notification 57/2017 dt. 3 July : CBDT notifies exemption to receipts/ entities from applicability of provisions under Section 269SS of Income Tax Act 1961, w.e.f. 1 Apr. 2017.
IT Notification 56/2017 dt. 27 June : CBDT notifies the Income-tax (17th Amendment) Rules, 2017; quoting Aadhaar/ Enrollment Number mandatory w.e.f. 1 July 2017 for new PAN Application in Form 49A.
IT Notification 55/2017 dt. 23 June : Corrigendum to Notification 48/2017 dt. 8 June 2017 regarding modiciation in Form 26QC.
IT Notification 54/2017 dt. 21 June : CBDT Notifies ‘Joint Secretary (Ops.), NATGRID, MHA’ as the designated authority u/s 138(1)(a)(ii).
IT Notification 53/2017 dt. 15 June : Income-tax (16th Amendment) Rules, 2017; Amendments in Form 3CED relating to Application for APA.
IT Notification 52/2017 dt. 15 June : Rule 10CB: Computation of Interest Income pursuant to Secondary Transfer Pricing Adjustments under IT section 92CE, applicable w.e.f. 15 June 2017.
IT Notification 51/2017 dt. 9 June : Income-tax (14th Amendment) Rules, 2017 notified. IT Rule 114B relating to Quoting of PAN/ Submission of Form 60 for Specified Transactions has been amended. Now the person not having PAN can submit Form 60 in Paper Form or thru EVC as per prescribed procedure.
IT Notification 50/2017 dt. 9 June : Tolerance limits of price variation for transfer pricing purposes (ALP vis-a-vis Transaction Price) have been fixed by CBDT for AY 2017-18 and 2018-19.
IT Notification 49/2017 dt. 9 June : Notification No. 69/2014 dt. 13 Nov. 2014 amended by CBDT.
IT Notification 48/2017 dt. 8 June : Income Tax (13th Amendment) Rules, 2017 applicable w.e.f. 8 June 2017 notified, i.e. IT Rules relating to TDS on Rent u/s 194IB have been amended. New IT Rules 30(2B), 30(6B), 31(3B), 31A(4B) have been inserted. Also, new IT Forms 16C and 26QC have been introduced.
IT Notification 47/2017 dt. 8 June : Govt. has notified that any PFC Bonds redeemable after 3 years and issued on or after 15 June 2017 shall be treated as Long Term Specified Asset for the purpose of Section 54EC.
IT Notification 46/2017 dt. 7 June : Amendments in Income Tax Rules 10TA, 10TB, 10TC, 10TD, 10TE with Notification on New Safe Harbour Rules/ Regime along with Revised List of ‘eligible international transactions’ for Transfer Pricing.
IT Notification 45/2017 dt. 5 June : Amended procedure/ form (Rule 31A and Form 26B) for claim of TDS refund notified.
IT Notification 44/2017 dt. 5 June : Cost Inflation Index Applicable from FY/ PY 2017-18 (AY 2018-19) onwards, with Base Year shifted to 2001-02, notified in line with the amendments made in Budget 2017.
IT Notification 43/2017 dt. 5 June : CBDT notifies that condition of chargeability to STT shall not apply to certain specified transactions of acquisitions of equity shares entered into on or after 1 Oct. 2004, for exemption u/s 10(38) of Income Tax, applicable from AY 2018-19.
IT Notification 42/2017 dt. 2 June : Due Date for Furnishing Form 16 has been revised/ extended from 31 May to 15 June thru Income Tax (10th Amendment) Rules, 2017.
IT Notification 41/2017 dt. 29 May : Govt. notifies “Ariyakudi Sri Srinivasa Perumal Temple, Kottivakkam, Chennai”, to be place of historic importance and a place of public worship for the purposes of the IT Section 80G(2)(b).
IT (Systems) Notification 7/2017 dt. 30 May : Procedure for acceptance of Statement of Financial Transactions (SFT) from Sub-Registrar Office and Post Offices notified by CBDT.
IT (Systems) Notification 5/2017 dt. 29 May : CBDT Clarification on the issue of Filing of ITR by Minor and TDS in the case of death of both Parents; TDS deductors/ Banks need to follow Clubbing Provisions as they can’t simply club parents’ income (and deduct TDS) with income of grandparents.
IT Notification 40/2017 dt. 18 May : In exercise of the powers conferred by IT Section 28(2) read with section 59 of the Prohibition of Benami Property Transactions Act, 1988; the CBDT designates the Income-tax authorities under IT section 116.
IT Notification 39/2017 dt. 16 May : In exercise of powers conferred by IT section 120(1) & (2) read with section 6 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015; the CBDT authorises certain officers.
IT Notification 38/2017 dt. 15 May : Govt. has notified National Institute of Hydrology (‘NIH’) as approved ‘Scientific Research Association’ for the purpose of Section 35(1)(ii) of the Income-tax Act, 1961 from AY 2017-2018 onwards, subject to certain conditions.
IT Notification 37/2017 dt. 11 May : Non Residents/ Super Senior Citizens/ Foreign Citizens/ Residents of Assam, J&K and Meghalaya exempted from the requirement of Quoting Aadhaar for Filing ITR or PAN Application, w.e.f. 1 July 2017.
IT Notification 36/2017 dt. 2 May : New Income Tax Rule 21AD  and Form 10-IB notified for exercising Option u/s 115BA(4)  of the Income Tax Act, 1961 thru the Income-tax (9th Amendment) Rules, 2017 applicable from AY 2017-18 onwards.
IT Notification 34/2017 dt. 28 Apr. : Govt. notifies “Shri Ram and Ramdas Swami Samadhi Temple (Mandir) & Ramdas Swami Math at Sajjangad, Distt. Satara, Maharashtra”, to be place of historic importance and a place of public worship for the purposes of the Section 80G(2)(b).
IT Notification 33/2017 dt. 28 Apr. : Govt. notifies tax exemption for certain specified incomes of ‘National Skill Development Agency (NSDA)‘ u/s 10(46) during FY 2014-15 to 2018-19.
IT Notification 32/2017 dt. 21 Apr. : Income-tax (8th Amendment), Rules, 2017 notified, i.e. New Income Tax Rule 17CB relating to Method of Valuation for the purpose of determination of the ‘Accreted Income’ of Trusts and Institutions’ under Section 115TD(2), applicable w.e.f. 1 June 2017.
IT Notification 31/2017 dt. 19 Apr. : Special CP, Crime, Delhi (Office of Crime Branch & EOW, Delhi Police) specified as Tax Authority for the purpose of Section 138(1)(a)(ii) of Income Tax Act.
IT Notification 30/2017 dt. 19 Apr. : Inspector General Police, EOW, CSO, Kerala specified as Tax Authority for the purpose of Section 138(1)(a)(ii) of Income Tax Act.
IT Notification 29/2017 dt. 31 Mar. : Lokayukt and Up-Lokayukt, Uttarpradesh specified as Tax Authority for the purpose of Section 138(1)(a)(ii) of Income Tax Act.
IT Notification 28/2017 dt. 5 Apr. : Amendment to Section 269ST of Income Tax for ‘No Penalty on Cash Withdrawals above Rs. 2 Lacs from Banks’
IT Notification 27/2017 dt. 5 Apr. : Banks get 3 months additional time to obtain PAN of Account holders or Declaration in Form 60 as per Rule 114B of Income Tax.
IT Notification 26/2017 dt. 3 Apr. : Income-tax (6th Amendment), Rules, 2017 notified to amend Rule 19AB and Format of Report of an Accountant in Form No. 10DA for  claiming deduction under section 80JJAA, applicable w.e.f. 1 Apr. 2017.
IT (Systems) Notification 4/2017 dt. 3 Apr. : Procedure, Formats and Standards for secured transmission of e-communications and e-proceedings between the Income Tax Department and Assessees.
IT Notification 25/2017 dt. 31 Mar. : Income-tax (5th Amendment) Rules, 2017 applicable w.e.f. 1 Apr. 2017 notified and Rule 5G inserted reg. Option Form (Income Tax Form No. 3CFA) for taxation of income from patent under section 115BBF.
IT Notification 24/2017 dt. 31 Mar. : Govt. notifies tax exemption for certain specified incomes of ‘Science and Engineering Research Board (SERB)‘ u/s 10(46) during FY 2013-14 to 2017-18.
IT Notification 23/2017 dt. 31 Mar. : Govt. notifies tax exemption for certain specified incomes of ‘Madhya Pradesh State Electricity Regulatory Commission (MPERC)‘ u/s 10(46) during FY 2014-15 to 2018-19.
IT Notification 22/2017 dt. 30 Mar. : Director, Vigilance & Anti Corruption, Government of Tamilnadu specified as Tax Authority for the purpose of Section 138(1)(a)(ii) of Income Tax Act.
IT Notification 21/2017 dt. 30 Mar. : Income-tax (Fourth Amendment) Rules, 2017 notified for Simplified and New Income Tax Return (ITR) Forms applicable for AY 2017-18.
IT Notification 20/2017 dt. 27 Mar. : Govt. notifies tax exemption for certain income of ‘Society for Applied Microwave Electronics Engineering & Research (SAMEER)‘ in the category of ‘Scientific Research Association’ u/s 35(1)(ii) from AY 2016-17 onwards.
IT Notification 19/2017 dt. 27 Mar. : Addl. DGP, Economic Offences Wing & Anti Corruption Bureau, Government of Chhattisgarh specified as Tax Authority for the purpose of Section 138(1)(a)(ii) of Income Tax Act
IT Notification 18/2017 dt. 24 Mar. : Third Protocol amending the DTAA between the Government of India and Singapore for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income applicable w.e.f. 27 Feb. 2017.
IT Notification 17/2017 dt. 23 Mar. : New IT Rule 127A notified regarding Authentication of e-Notices/ e-Communications to provide that these shall be valid only if it contains name and office of the notice issuing tax authority.
IT Notification 16/2017 dt. 22 Mar. : CIT, CPC Bengaluru notified as designated Income Tax Authority for all the cases where the return of income has been furnished in electronic form or paper form.
IT (Systems) Notification 3/2017 dt. 21 Mar. : Procedure of TAN application using ‘Simplified Proforma for Incorporating Company Electronically (SPICe)’ Form No. INC 32 of MCA with digital signatures during the course of incorporation of a new company.
IT (Systems) Notification 2/2017 dt. 9 Mar. : Procedure of PAN application using ‘Simplified Proforma for Incorporating Company Electronically (SPICe)’ Form No. INC 32 of MCA with digital signatures during the course of incorporation of a new company.
IT Notification 15/2017 dt. 23 Feb. : Govt. notifies ‘Ascendas IT Park (Chennai) Ltd.‘, as an approved industrial park for the purposes of Section 80-IA (4) (iii) of Income Tax Act; subject to certain terms and conditions.
IT Notification 14/2017 dt. 23 Feb. : Govt. notifies tax exemption for certain income of ‘Assam Electricity Regulatory Commission (AERC)‘ u/s 10(46) during FY 2016-17 to 2020-21.
IT Notification 13/2017 dt. 23 Feb. : Govt. notifies National Iranian Oil Company as the foreign company selling crude oil in India for the purpose of exemption u/s 10(48) of Income Tax Act.
IT Notification 12/2017 dt. 21 Feb. : Amendments in CBDT Notification No. 137/2003 (Income Tax) dt. 23 May, 2003 relating to prohibition on disclosure of information by Income Tax Authorities u/s 138 of Income Tax Act.
IT Notification 11/2017 dt. 17 Feb. : Govt. notifies tax exemption for certain income of ‘Jawaharlal Institute of Postgraduate Medical Education and Research (JIPMER), Puducherry‘ in the category of ‘University, College or Other Institution’ u/s 35(1)(ii) from AY 2016-17 onwards.
IT Notification 10/2017 dt. 14 Feb. : India and Israel sign Protocol amending convention/ DTAA for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes of income and on capital, applicable w.e.f. 1 April, 2017.
IT Notification 9/2017 dt. 9 Feb. : In exercise of the powers conferred by section 139A and sub-section (1) of section 203A, read with section 295 of the Income-tax Act, 1961 (43 of 1961), CBDT has notified Income-tax (2nd Amendment) Rules, 2017 amending IT Rule 114(1) and Rule 114A(1) applicable w.e.f. 9 Feb. 2017.
IT Notification 8/2017 dt. 31 Jan. : Govt. notifies tax exemption for certain income of ‘Christian Medical Collge Vellore Association‘ in the category of ‘University, College or Other Institution’ u/s 35(1)(ii) from AY 2016-17 onwards.
IT Notification 7/2017 dt. 31 Jan. : Govt. notifies tax exemption for certain income of ‘Center of Innovative and Applied Bio-processing (CIAB)‘ in the category of ‘Scientific Research Association’ u/s 35(1)(ii) from AY 2016-17 onwards.
IT Notification 6/2017 dt. 24 Jan. : Govt. notifies tax exemption for certain income of ‘Punjab Building & Other Construction Workers Welfare Board‘ u/s 10(46) during FY 2016-17 to 2020-21.
IT Notification 5/2017 dt. 24 Jan. : Govt. notifies tax exemption for certain income of ‘Punjab State Electricity Regulatory Commission (PSERC)‘ u/s 10(46) during FY 2016-17 to 2020-21.
IT (Systems) Notification 4/2017 dt. 3 Apr. : Procedure, Formats and Standards for secured transmission of e-communications and e-proceedings between the Income Tax Department and Assessees.
IT Notification 4/2017 dt. 18 Jan. : Govt. specifies the NCDEX Investor (Client) Protection Fund Trust (PAN: AABTN7481R) set up by the National Commodity and Derivatives Exchange Limited, Mumbai a commodity exchange, for the purposes of Sec. 10(23EC) for the AY 2013-14 onwards.
IT (Systems) Notification 3/2017 dt. 21 Mar. : Procedure of TAN application using ‘Simplified Proforma for Incorporating Company Electronically (SPICe)’ Form No. INC 32 of MCA with digital signatures during the course of incorporation of a new company.
IT Notification 3/2017 dt. 10 Jan. : Revised Double Taxation avoidance Agreement (DTAA) applicable w.e.f. 1 April, 2017 between India and Cyprus.
IT (Systems) Notification 2/2017 dt. 9 Mar. : Procedure of PAN application using ‘Simplified Proforma for Incorporating Company Electronically (SPICe)’ Form No. INC 32 of MCA with digital signatures during the course of incorporation of a new company.
IT Notification 2/2017 dt. 6 Jan. : Income–tax (1st Amendment) Rules, 2017 to amend Rules 114B, 114C, 114D and 114E to seek detailed information in AIR to check money laundering transactions post-demonetization,applicable w.e.f. 6 Jan. 2017.
IT (Systems) Notification 1/2017 dt. 17 Jan. : Procedure for registration and preparation/ submission of statement of financial transactions (SFT) as per section 285BA of Income-tax Act, 1961 read with Rule 114E of Income-tax Rules, 1962 along with Nature and value of transactions to be reported.
IT Notification 1/2017 dt. 2 Jan. : TATA Translational Cancer Research Centre (‘TTCRC’) under the aegis of TAT A Medical Centre Trust (PAN: AABTT2222Q) approved by Govt. for the purpose of IT Sec. 35(1)(ii) read with IT Rules 5C and 5D, from AY 2016-2017 onwards in the category of ‘Scientific Research Association’,

For Official copy of the CBDT’s Income Tax Notifications 2017, please visit the Source website:

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

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