AMENDMENTS AT A GLANCE
Section/Schedule | Particulars/Paragraph number |
|---|---|
Finance Act, 2011 | |
First Schedule | Rate Structure, 3.1 - 3.3.6 |
Income-tax Act, 1961 | |
2(15) | Definition of "charitable purpose" 4.1 - 4.4 |
10(45) | Exemption of certain perquisites of chairman and members of Union Public Service Commission 5.1 - 5.3 |
10(46), 139(4C)(g) | Provision relating to exemption of a specified income of certain bodies or authorities or trust or board or commission 6.1 - 6.2 |
10(47), 139(4C)(h), 115A, 194LB | Infrastructure Debt Fund 7.1 - 7.4 |
35(2AA) | Weighted deduction for contribution made for approved scientific research programme 8.1 - 8.3 |
35AD | Investment-linked deduction in respect of specified business 9.1.1 - 9.3 |
80CCE, 36(1),40A(9) | Tax benefits for New Pension System (NPS) 10.1 - 10.6 |
80CCF | Deduction for investment in long-term infrastructure bonds 11.1 - 11.3 |
80-IA(4)(iv) | Extension of sunset clause for tax holiday for power sector 12.1 - 12.3 |
80-IB(9) | Deduction in respect of profits and gains from undertakings engaged in commercial production of mineral oil 13.1 - 13.5 |
92C, 92CA, 92CA(7), 139 | Rationalisation of provision relating to Transfer Pricing 14.1 - 14.3.2 |
94A | Tool box of counter measures in respect of transactions with persons located in a Non-co-operative jurisdiction 15.1 - 15.2 |
115BBD | Taxation of certain foreign dividends at a reduced rate 16.1-16.3 |
115R(2) | Tax on Distributed Income to unit holders 17.1 - 17.3 |
115JB | Minimum Alternate Tax 18.1.1 - 18.2.5 |
115JB(6), 115-0(6), 10(34) | Provisions relating to Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT) in case of Special Economic Zones 19.1.1 - 19.3.2 |
115JC, 115JD, 115JE, 115JF | Alternate Minimum Tax for certain Limited Liability Partnerships 20.1 - 20.7 |
131,133 | Collection of information on requests received from tax authorities outside India 21.1 - 21.5 |
139, 296 | Exemption to a class or classes of persons from furnishing a return of income 22.1 - 22.5 |
143 | Centralised Processing of Returns 23.1 - 23.3 |
153,153B | Extension of time-limit for assessments in case of exchange of information 24.1 - 24.5 |
245C(1) | Modification in the condition for filing an application before the Settlement Commission 25.1 - 25.6 |
245D(4) | Power of the Settlement Commission to rectify its orders 26.1 - 26.6 |
282B | Omission of the requirement of quoting of Document Identification Number 27.1 - 27.3 |
285 | Reporting requirement by certain non-residents 28.1 - 28.3 |
Fourth Schedule | Recognition to Provident Funds - Extension of time-limit for obtaining Exemption from EPFO 29.1.1 - 29.3 |
Wealth-tax Act, 1957 | |
22D | Procedure on receipt of an application for settlement of cases 26.5 |
Special Economic Zones Act, 2005 | |
Second Schedule | Modifications to the Income-tax Act 19.2.2 - 19.3.2 |
CBDT Circular No. 02/2012 [F. NO.142/01/2012-SO(TPL)], Dated May 22 2012