income tax updates july'14 (part 2)

1
PRESENTS Income Tax updates July’14 (Part-2) 01/11/22 For information purpose only.

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1) Notification u/s 35AC - Notifies the various institutions Approved by the National Committee. (Notification No.2/2014, Dated 21 July 2014) 2) Income-tax (7th Amendment) Rules, 2014 - New Form No. 3CA, Form No. 3CB and Form No. 3CD (Notification No.33/2014, Dated 25 July 2014) You can view Form 3CA : https://drive.google.com/file/d/0BzALy5s2Kh-rRmdCb0diZUMzMWc/edit?usp=sharing Form 3CB : https://drive.google.com/file/d/0BzALy5s2Kh-rVHp6cnVLbWpLd2M/edit?usp=sharing Form 3CD : https://drive.google.com/file/d/0BzALy5s2Kh-rSlk1UzBPSksxdWc/edit?usp=sharing 3) Clarification regarding allowability of deduction under section 10A/10AA on transfer of Technical Man-power in the case of software industry (Circular No. 12/2014, Dated 18 July 2014

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Page 1: Income tax updates July'14 (Part 2)

Thursday 13 April 2023 For information purpose only.

PRESENTS

Income Tax updates July’14 (Part-2)