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Income Tax

CA Priya

CA Priya (CA ) (408 Points)

20 July 2010  
  • Changes in Rules relating to e-filing of I-T returns
  • Mandatory for all Companies to File I-T Returns Electronically with Digital Signature
  • Income-tax (Seventh Amendment) Rules, 2010 - Amendment in rule 12
  • 24th July to be celebrated as Income Tax Day
  • Investment in Bonds of IFCI, IDFC, LIC and NBFCs (Classified as Infra Finance Company) Eligible for Tax Exemption under Section 80CCF
  • View Tax Credit (Form 26AS) from bank site through net banking facility
  • Submission of Suggestions on the Revised Discussion Paper [RDP] on the Direct Taxes Code [DTC] by the Direct Taxes Committee
  • Direct Tax Collections Increase 15.49% during First Quarter- Corporate Taxes Register a Growth of 21.65%
  • New features launched by income tax dept for efiling
  • New tax slabs after receiving inputs from people, says Pranab


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 2 Replies

Akhil Gupta

Akhil Gupta (Manager F&A) (856 Points)
Replied 21 July 2010

Good collection.

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vkbothra

vkbothra (Learning ) (690 Points)
Replied 21 July 2010

nice topic ;)



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