March 22, 2018

Rule – 40D, Valuation of specified security not being an equity share in the company

40D. For the purposes of clause (ba) of sub-section (1) of section 115WC, the fair market value of any specified security, not being an equity share in a company, on the […]
March 22, 2018

Rule – 40C, Valuation of specified security or sweat equity share being a share in the company

40C. (1) For the purposes of clause (ba) of sub-section (1) of section 115WC, the fair market value of any specified security or sweat equity share, being an equity share […]
March 22, 2018

Rule – 40BB, Amount received by the company in respect of issue of share

40BB. (1) For the purposes of clause (ii) of the Explanation to sub-section (1) of section 115QA, the amount received by a company in respect of the share issued by it, being the […]
March 22, 2018

Rule – 40BA, Special provisions for payment of tax by certain persons other than a company

40BA. The report of an accountant which is required to be furnished by the assessee under sub-section (3) of section 115JC, shall be in Form No. 29C. Reference: www.incometaxindia.gov.in
March 22, 2018

Rule – 40B, Special provision for payment of tax by certain companies

40B. The report of an accountant which is required to be furnished by the assessee along with the return of income, under sub-section (4) of section 115JB shall be in Form […]
March 22, 2018

Rule – 40A, Claim for credit

5240A. [Omitted by the IT (Fifth Amdt.) Rules, 1989, w.e.f. 18-5-1989. Earlier, it was inserted by the IT (Second Amdt.) Rules, 1968.] Reference: www.incometaxindia.gov.in
March 21, 2018

Rule – 40 Waiver of interest

40 . The 48[Assessing Officer] may reduce or waive the interest payable under section 215 or section 217 in the cases and under the circumstances mentioned below, namely :— 49(1) When the relevant […]
March 21, 2018

Rule – 39, Estimate of advance tax

46 [39. The intimation which an assessee has to send to the Assessing Officer under sub-section (5) of section 210 shall be in Form No. 28A.] Reference: www.incometaxindia.gov.in
March 21, 2018

Rule – 38A, Statement of advance tax

38A. 45[Omitted by the IT (Tenth Amdt.) Rules, 1989, w.e.f. 13-9-1989.] Reference: www.incometaxindia.gov.in
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