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2015

Circulars of 2015

Every circular the Income Tax Department published in 2015 — 25 of them, newest first. Each one opens on its own page.

NumberDateWhat it deals with
Circular No. 24/201531 December 2015Recording of satisfaction note under section 158BD/153C of the Act
Circular No. 25/201531 December 2015Penalty u/s 271(1)(c) wherein additions/disallowances made under normal provisions of the Income-tax Act, 1961 but tax levied under MAT provisions u/s 115JB/115JC, for cases prior to A.Y. 20
Circular No. 23/201528 December 2015TDS under section 194A of the Act on interest on fixed deposit made on directions of Courts
Circular No. 22/201517 December 2015Allowability of employer's contribution to funds for the welfare of employees terms of section 43B(b) of the Income-tax Act
Circular No. 21 of 201510 December 2015Revision of monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal and High Courts and SLP before Supreme Court - Measures for reducing litigation
Circular No. 20/20152 December 2015Income tax deduction from salaries during the financial year 2015 16 under section 192 of the income tax act 1961
Circular No. 19/201527 November 2015Circular No.- 19 /2015
Circular No. 18/20152 November 2015Interest from non slr securities of banks reg.
Circular 16/20156 October 2015Non-applicability of Rule 9A of the Income Tax Rules 1962 in the case of Abandoned Feature Films
Circular 17/20156 October 2015Measurement of the distance for the purpose of section 2(14)(iii)(b) of the Income-tax Act for the period prior to Assessment year 2014-15
Circular 15/20153 September 2015Clarifications on Tax Compliance for Undisclosed Foreign Income and Assets
Circular 14/201517 August 2015Clarification on certain issues related to grant of approval and claim of exemption u/s 10(23C)(vi) of the Income-tax Act, 1961
Circular 13/20156 July 2015Circular No. 13 of 2015
Circular 12/20152 July 2015Circular No. 12 of 2015
Circular 11/201511 June 2015Order under section 10(2)(b) of the Wealth Tax Act
Circular 10/201510 June 2015Clarifications on rollback provisions of advance pricing agreement scheme
Circular 9/20159 June 2015Section 119 of the Income-tax Act, 1961 - Income-tax Authorities - Instructions to Subordinate Authorities - Condonation of Delay in Filing Refund Claim and Claim of Carry Forward Losses und
Circular 8/201514 May 2015Government of India
Circular 7/201523 April 2015No. 275150/2006-IT(B)
Circular 6/20159 April 2015Capital gains in respect of units of Mutual Funds under the Fixed maturity Plans on extension of their term
Circular 5/20159 April 2015Chargeability of interest under section 17B of the Wealth-tax Act, 1957 on self-assessment tax paid before the due date of filing of return of net wealth
Circular 4/201526 March 2015Circular No.4 /2015
Circular 3/201512 February 2015Clarification regarding 'Amounts not deductible' under sub-clause (i) of clause (a) of section 40 on Inocme-tax Act, 1961 ('Act') - regarding
Circular 2/201510 February 2015Chargeability of interest under section 234A of the Income-tax Act, 1961 on self-assessment tax paid before the due date of filing of return of income
Circular 1/201521 January 2015Explanatory notes to the provisions of the finance no.2 act 2014
A circular binds the department, not you and not a court. The Board issues a circular to its own officers. An assessee may hold the department to a circular that helps him; the department cannot hold an assessee to one that hurts him, and the Tribunal and the courts decide the law for themselves.