Executive Summary:
This document is a corrigendum to a Government of India notification regarding Income Tax, specifically notification number S.O. 2914E dated November 13, 2014. It was issued by the Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, on October 19, 2015, and includes corrections to the schedule of the original notification.
Key Points / Main Content:
Corrections to Original Notification S.O. 2914E (dated November 13, 2014):
* **Serial Number 5 (Chennai):** Column 2 is corrected to read "Tamil Nadu and Puducherry" instead of "Chennai."
* **Serial Number 8 (Jaipur):** Column 2 is corrected to read "Rajasthan" instead of "Jaipur."
* **Serial Number 11 (Lucknow):** Column 6 is corrected to specify the areas within the limits of revenue districts of Uttar Pradesh and Uttarakhand. These include Lucknow, Barabanki, Basti, Faizabad, Gonda, Hardoi, Jaunpur, Pratapgarh, Rae Bareilly, Chhatrapati Shahuji Maharaj Nagar Amethi, Sultanpur, Sitapur, Unnao, Lakhimpur Kheri, Bareilly, Pilibhit, Balrampur, Bahraich, Ambedkar Nagar, Pithoragarh, Udham Singh Nagar, Bageshwar, Nainital, Almora, Champawat, Shahjahanpur, Allahabad, Azamgarh, Chandauli, Deoria, Fatehpur, Ghazipur, Gorakhpur, Kaushambi, Kushinagar, Maharajganj, Mau, Mirzapur, Sant Ravidas Nagar, Sonbhadra, Varanasi, Ballia, Moradabad, Bijnor, Jyotiba Phule Nagar i.e., Amroha, Rampur, Badaun, Sant Kabir Nagar, Siddhartha Nagar, Srawasti, Sambhal.
* **Serial Number 11 (Kanpur):** Column 6 is corrected to specify the areas within the limits of revenue districts of Uttar Pradesh and Uttarakhand. These include Banda, Chitrakut, Hamirpur, Jalaun, Ramabai Nagar Kanpur Dehat, Mohoba, Kannauj, Meerut, Baghpat, Ghaziabad, Muzaffarnagar, Hapur, Agra, Etah, Aligarh, Auraiya, Hathras, Etawah, Farrukhabad, Jhansi, Lalitpur, Mathura, Firozabad, Mainpuri, Kanshiram Nagar, Gautam Buddha Nagar, Bulandshahr, Chamoli, Dehradun, Haridwar, Pauri, Rudraprayag, Saharanpur, Tehri Garhwal, Uttarkashi, Kanpur, Shamli.
* **Serial Number 13 (Patna):** Column 2 is corrected to read "Bihar and Jharkhand" instead of "Patna."
* **Serial Number 14 (Pune):** Column 2 is corrected to read "Maharashtra Except Mumbai" instead of "Pune."
Impact Analysis:
Tax Payers/Entities in Chennai, Jaipur, Lucknow, Kanpur, Patna and Pune:
Impact: The geographical application of the original notification has been updated.
Action Required: Review tax filings and applicability of the notification based on the corrected geographical areas.
Government of India (Ministry of Finance, Department of Revenue, Central Board of Direct Taxes):
Impact: Ensures accurate implementation and enforcement of income tax regulations.
Action Required: Update records and disseminate the corrected information to relevant departments and stakeholders.
Key Entities Referenced
Central Board of Direct Taxes: A department under the Ministry of Finance, Department of Revenue, responsible for direct tax administration in India.
Ministry of Finance: The ministry responsible for the financial matters of the Government of India.
Department of Revenue: A department within the Ministry of Finance.
New Delhi: The location where the notification was issued.
Uttar Pradesh: A state in India, mentioned in the context of revenue districts.
Uttarakhand: A state in India, mentioned in the context of revenue districts.
Chennai: A city in Tamil Nadu, India, mentioned for correction.
Tamil Nadu: A state in India. Mentioned along with Puducherry.