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Case law › Notifications › 2016 › Notification No. 115/2016 [F.No.142/33/2016-TPL] / SO 4058(E)
Notification 16 December 2016

Notification No. 115/2016 [F.No.142/33/2016-TPL] / SO 4058(E)

To BE Published in the Gazette of INDIA, Extraordinary, Part II, section 3, Sub-section (ii)]

What this is

Notification No. 115/2016 [F.No.142/33/2016-TPL] / SO 4058(E) was published on 16 December 2016. Its subject is To BE Published in the Gazette of INDIA, Extraordinary, Part II, section 3, Sub-section (ii)].

What it does

In exercise of the powers under sub-section (2) of section 199A and sub-section (1) of section 199C of the Finance Act, 2016, the Central Government appoints two dates. The 17th day of December, 2016 is the date on which the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 comes into force, and the 31st day of March, 2017 is the date on or before which a person may make a declaration under sub-section (1) of section 199C.

Who it reaches

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.
Under the 1961 ActNow
s.3s.3
s.199Ano counterpart recorded
s.199Cno counterpart recorded

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the 16th December, 2016

NOTIFICATION

S.O. 4058(E).— In exercise of the powers conferred by sub-section (2) of section 199A and sub-section (1) of section 199C of the Finance Act, 2016 (28 of 2016), the Central Government hereby appoints,—

(i) the 17th day December, 2016, as the date on which the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 comes into force; and

(ii) the 31st day of March, 2017 as the date on or before which a person may make a declaration under sub-section (1) of the said section 199C.

[Notification No. 115/2016, F.No.142/33/2016-TPL
(Dr. T.S. Mapwal)
Under Secretary to the Government of India

From when

17 December 2016, the declaration being permissible on or before 31 March 2017.

What to watch

Where you meet it

In deciding whether a declaration under the scheme can still be made, and in the declaration filed with the notified Principal Commissioner or Commissioner.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

← Notification No.[F.No.3(1)-W&M/2016] / SO4061(E)  ·  Notification No. 117/2016 [F.No.142/33/2016-TPL] / SO 4060(E) →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.