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Income Tax News


Approval of long term bonds and rate of interest for the purpose of Section 194LC of the Income-tax Act, 1961

   19 November 2014 at 11:53

CIRCULARNO.-15/2014F.No.133/50/2014-TPLGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)---------New Delhi, the 17th October, 2014Sub: Approval of long term bonds and rate of interest for the purpose of Sectio

Posted in Income Tax  1 comments |   16554 Views


Bank Deposit limit in 80C increased to 1.5 lac

   17 November 2014 at 11:01

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,PARTII, SECTION 3, SUB‐SECTION (ii)]GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUE(CENTRAL BOARD OF DIRECT TAXES)NotificationNew Delhi, the 13th November, 2014.(INCOME‐TAX)S.

Posted in Income Tax  10 comments |   35670 Views


Income-tax (11th Amendment) Rules, 2014

   13 November 2014 at 10:54

Income-tax (11th Amendment) Rules, 2014

Posted in Income Tax  2 comments |   24501 Views


Income Tax Department to remain open on 15th November, 2014

   12 November 2014 at 11:47

Income Tax Department to remain open on 15th November, 2014 Detailed information has been attached herewith

Posted in Income Tax  1 comments |   23139 Views


Implementation of the decision of SC by Income tax dept

   12 November 2014 at 11:47

Implementation of the decision of SC by Income tax dept Detailed information has been attached herewith

Posted in Income Tax  1 comments |   18168 Views


Non adversarial tax regime emphasised by CBDT

   08 November 2014 at 11:13

In its constant endeavour towards a non-adversarial tax regime, the Central Board of Direct Taxes (CBDT) has issued instruction dated 7th November, 2014 to its field offices. Emphasis has been laid on cleanliness in office, punctuality, timeliness in

Posted in Income Tax |   10374 Views


FM asks IT dept to focus on domestic black money

   31 October 2014 at 10:09

Finance Minister Asks the Senior Officers of the Income Tax Department not to Lose Sight of Domestic Black Money Keeping in view its Much Higher Magnitude and Chase Those Sectors Where its Most Prevalent; Reviews with Senior Officers of the Departmen

Posted in Income Tax |   12999 Views


CBDT noticed 5,09,898 taxpayers have not filed ITR for AY 2014-15

   30 October 2014 at 16:40

CBDT has noticed that 5,09,898 taxpayers who have submitted an e-return for AY 2011-12 or 2012-13 or AY 2013-14 (Upto 20th October 2014) with returned Income of More than 10 Lakh or paid self assessment tax of more than / equal to one lakh (as per IT

Posted in Income Tax  1 comments |   25710 Views


New income tax dept website launched

   28 October 2014 at 16:21

New income tax dept website launched Detailed information has been attached herewith

Posted in Income Tax  3 comments |   35955 Views


CBI arrests deputy commissioner and inspector of income tax dept

   22 October 2014 at 10:46

The Central Bureau of Investigation has arrested a Deputy Commissioner and two Inspectors, all the three of Income tax Department in a bribery case. A case was registered against a Dy Commissioner of Income Tax, Karimanagar (Telangana) on the complai

Posted in Income Tax  15 comments |   31458 Views



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