Delegation of Powers: Chief Commissioner (Exemptions) authorised to exercise functions of specified Commissioners for their jurisdictions.
Direction under section 120 authorises the Chief Commissioner of Delhi Income-tax (Exemptions) to exercise the powers, perform the functions and assume the jurisdiction of the specified Commissioners of Income-tax (Exemptions) in respect of the territorial areas, persons or classes of persons, incomes or classes of incomes, and cases or classes of cases for which those Commissioners have jurisdiction; the notification supersedes the earlier S.O. 888(E) and takes effect from the appointed date.

Jurisdiction of income-tax authorities reallocated, assigning commissioners to oversee exemption claims across specified territories.
The Central Board of Direct Taxes designates specific Commissioners of Income-tax (Exemptions) at listed headquarters to exercise powers and perform all functions in respect of persons within defined territorial areas claiming specified exemptions, authorises those Commissioners to delegate powers in writing to subordinate Additional/Joint Commissioners and Tax Recovery Officers, and permits further written delegation by those officers to Assessing Officers; the notification supersedes an earlier notification and specifies an effective date.

Jurisdiction of income tax authorities designated and headquarters demarcated, with a Schedule reallocating statutory jurisdictional powers.
This notification, issued under section 120 of the Income tax Act, designates Income tax authorities, specifies their headquarters and maps the territorial, personal and subject matter jurisdictions through a Schedule that reallocates powers and functions previously vested in other Income tax authorities; it supersedes an earlier notification, states its effective date, and records subsequent substitutions, insertions and omissions to the Schedule by later notifications.

Jurisdiction of income tax authorities: notification reallocates territorial and subject matter jurisdiction and permits delegation of powers.
Notification No. 50/2014, issued under section 120 of the Income tax Act, allocates jurisdiction to specified Principal Commissioners/Commissioners by schedules that define territorial areas, classes of persons and classes of cases; authorises written delegation of powers to Additional/Joint Commissioners and Tax Recovery Officers and onward delegation to Assessing Officers; defines key terms including "residing" and rules for numeric company names; contains a savings clause and comes into force on 15 November 2014.

Jurisdictional delegation: designation of officers to exercise Transfer Pricing Officer powers for specified income-tax posts.
The Board directs specified income-tax officers to exercise the powers and functions of Deputy Commissioner of Income-tax (Transfer Pricing Officer) in designated Transfer Pricing posts, with the direction taking effect from the date of publication in the Official Gazette.

Prescribed authority under section 133C designated as Income-tax Principal Directors and Directors authorised by CBDT.
The amendment inserts rule 12D into the Income-tax Rules, 1962, designating the Principal Director General of Income-tax, Director General of Income-tax, Principal Director of Income-tax and Director of Income-tax as the prescribed authority under section 133C, subject to authorisation by the Central Board of Direct Taxes.

Double taxation avoidance: Protocol revises treaty rules, withholding limits, PE criteria, and exchange of information protections.
Protocol amends the India-Poland tax treaty by specifying covered taxes and territorial definitions, expanding resident and permanent establishment rules (including service PE based on aggregate six month activity), modernizing associated enterprises/transfer pricing adjustments, setting withholding tax ceilings on dividends, interest and royalties/technical fees with defined exceptions, permitting taxation of gains from alienation of shares tied to immovable property, revising personal services and student/apprentice exemptions, strengthening exchange of information and mutual assistance in tax collection, and adding a Limitation of Benefits clause; effective in India from the fiscal year beginning after entry into force.

Certificate validity for no deduction tied to named deductor; lower rate certificates issued to applicant authorising reduced withholding.
Amendment revises rule 28AA to state that a certificate for no deduction of tax is valid only for the deductor named therein and must be issued directly to that deductor under advice to the applicant, while a certificate for deduction at a lower rate is issued to the applicant authorising receipt of income after deduction at the lower rate. It also replaces Form No.13 with a consolidated application and specified schedules and annexures detailing applicant particulars, past returns and tax payments, liabilities, estimated income computations and counterparty transaction details required to assess entitlement to no-deduction or lower-rate certificates.

Arm's length price: actual transaction price accepted as ALP where variation falls within notified tolerable limits.
Notification prescribes that for assessment year 2014-15 the actual transaction price shall be deemed the arm's length price where variation between the ALP under section 92C and the actual price does not exceed the notified tolerable limits; a narrower limit applies to wholesale trading, defined by purchase cost of finished goods being at least eighty percent of total trading cost and average monthly closing inventory being ten percent or less of related sales.

Tax treaty provisions on residence and permanent establishment limit double taxation and allocate cross-border taxing rights.
The Agreement provides a bilateral framework to avoid double taxation and prevent fiscal evasion on income taxes, applying to residents of one or both Contracting States and to income taxes imposed by those States. It defines residence and permanent establishment, allocates taxing rights for categories of income (business profits, immovable property, dividends, interest, royalties, capital gains, personal services and other income), prescribes methods for elimination of double taxation by credit/deduction subject to limits, and establishes administrative cooperation mechanisms including mutual agreement, exchange of information and assistance in collection, together with non discrimination and limitation of benefits rules.

Installation date threshold amended for machinery and plant, altering eligibility for specified tax rule treatment.
Amendment to Income tax Rules, 1962 replaces the installation date condition in New Appendix I, Part A, III. Machinery and Plant, item (8), sub item (xiii), clauses (l) and (m), substituting the previous "installed on or before" threshold with an "installed on or after" threshold, thereby changing which assets satisfy the rule's installation date eligibility.

Double taxation avoidance: Agreement allocates taxing rights between India and Bhutan and provides mechanisms for relief and information exchange.
The Agreement between India and Bhutan allocates taxing rights to avoid double taxation and prevent fiscal evasion by defining persons and taxes covered, residence rules, and the roles of competent authorities. It sets out source state and residence state taxation across income categories-notably business profits attributable to a permanent establishment, dividends, interest, royalties, capital gains and employment income-provides methods for elimination of double taxation, mutual agreement and dispute resolution procedures, exchange of information and assistance in tax collection, and a Limitation of Benefits rule denying treaty advantages in cases lacking bona fide economic substance.

Deduction under section 35CCC: Approved agricultural extension projects qualify for expense deduction subject to audit, reporting, and no beneficiary charges.
Approval under section 35CCC authorises deduction of eligible project expenditure (excluding land or building costs) for the Rallis Kisan Kutumba project, conditioned on maintaining separate project accounts, annual audit with auditor's comments on genuineness and true and fair view, prohibition on charging beneficiaries, no direct or indirect benefit to the entity except the deduction, exclusion of reimbursed expenditure from deduction, prohibition on double-claiming under other provisions, provision of extension worker database to the District Agricultural Committee, and annual submission of audited accounts, project notes and a Ministry of Agriculture certificate.

Agricultural extension project notification permits tax deduction subject to audit, reporting, no beneficiary charges, and product-neutral advisories.
Notification approves Rallis Kisan Kutumba Helpline as an eligible agricultural extension project, subject to maintaining separate project accounts, audited financial statements with auditor comments on genuineness and compliance, and filing audited accounts, an activity note and a Ministry of Agriculture certificate by the return due date. Beneficiaries must not be charged; only product neutral advisories may be given. Eligible deductions exclude land or building costs and reimbursed amounts, and deducted expenditure cannot be claimed elsewhere. Approval may be withdrawn if activities cease, are non genuine, or breach statutory or notification conditions.

Agricultural extension project approval: notified project qualifies for Section 35CCC deduction subject to audit, reporting and compliance.
Notification under section 35CCC approves the Rallis Kisan Kutumb-4S Campaign as an eligible agricultural extension project until A.Y. 2016-17, subject to conditions: separate project accounts and audited reports confirming genuineness and compliance; submission of audited statements, project notes and a Ministry of Agriculture certificate with the income tax return; exclusion of land or building costs and reimbursed amounts from deductions; prohibition on beneficiary charges; product neutral training; database sharing with District Agricultural Committee; and withdrawal of approval for non compliance.

Functional jurisdiction of DTRTIs expanded to encompass respective Principal Chief Commissioners' territorial jurisdictions, effective upon Gazette publication.
The notification, following the Cadre Restructuring Plan, assigns the functional jurisdiction of each DTRTI to encompass the entire territorial jurisdiction of its corresponding Principal Chief Commissioner of Income-tax as set out in the table mapping DTRTIs to Pr. CCIT regions; the administrative measure takes effect from its publication in the Gazette of India.

Ministerial staff training unit jurisdiction expanded to cover entire principal chief commissioner regions with designated supervisory institutes.
Functional jurisdiction of Ministerial Staff Training Units (MSTUs) is extended to cover the entire territorial jurisdiction of the corresponding Principal Chief Commissioner or Chief Commissioner of Income-tax, under the Cadre Restructuring Plan 2014. Each MSTU is aligned with a specified Pr. CCIT/CCIT region and a designated Supervisory Direct Taxes Regional Training Institute (DTRTI). Principal Chief Commissioners are designated as the Cadre Controlling Authorities for MSTUs in their regions, centralising administrative control and oversight of training cadre matters.

Agricultural extension deduction under section 35CCC approved; project subject to audit, reporting and non benefit conditions.
Notification approves the Rallis Kisan Kutumba agricultural extension project for deduction under section 35CCC until A.Y. 2016 17, subject to conditions: separate books and audit with specified auditor comments; eligible deduction limited to expenses (excluding land/building) wholly and exclusively for the project and reduced by any beneficiary receipts; prohibition on beneficiary charges and on direct or indirect benefit to the entity except the deduction; reporting to tax authorities with audited accounts, project note and Ministry of Agriculture certificate; and potential withdrawal of approval for cessation, non genuineness or non compliance.

Deduction for notified agricultural extension projects: approval requires compliance, audit, and reporting under tax provisions.
Approval is granted to the 'Rallis Kisan Kutumba - Tata Rallis Agri Input Training Scheme' as an eligible agricultural extension project under section 35CCC, permitting deduction of expenses (excluding land or building) incurred wholly and exclusively for the project, subject to conditions: separate audited books, auditor's certification of genuineness and compliance, prohibition on charging beneficiaries, exclusion of reimbursed expenditures, prohibition on claiming the same expenditure elsewhere, and filing of audited accounts, activity notes and a Ministry of Agriculture certificate by the return due date.

Scientific Research Association approval requires exclusive research activity, separate accounts, audited reports and certified donation statements.
Birbal Sahni Institute of Palaeobotany is approved as a Scientific Research Association subject to: sole objective of undertaking scientific research; carrying out research itself; maintaining separate books of accounts for research receipts and applications; obtaining an audit by a qualified accountant and furnishing the audit report by the return due date; and maintaining a certified statement of donations and amounts applied to scientific research, with failure to comply exposing the organisation to withdrawal of approval.