Income Tax News

Representation Regarding CBDT Order F.No.225/117/2013/ITA II dated 26th September, 2013

28 September 2013 at 13:42

No.DTC/TAX-AUDIT/Sept’13 REPRESENTATION REGARDING CBDT Order F.No.225/117/2013/ITA II dated 26th September, 2013 The President and Council Members called upon the highest officials in the Central Board of Direct Taxes (CBDT) and have submi

Posted in Income Tax | 6 comments | 20454 Views

ICAI requested CBDT to extend due date of e-filing of IT returns, tax audit reports & report u/s 92E by one month from the end of 30th-11-13 for AY 2013-14

27 September 2013 at 14:09

ICAI has requested CBDT to extend the due date of e-filing of income tax returns, tax audit reports and report under section 92E of the Income taxAct,1961 The efforts of the members in supporting the initiative the Department requiring e-filing

Posted in Income Tax | 14 comments | 49944 Views

CBDT creates procedure for monitoring cases on "Non-Filers Of IT Returns"

24 September 2013 at 17:52

CBDT creates procedure for monitoring cases on Non-Filers Of IT Returns Instruction No 14/2013 Dated : 23rd September 2013

Posted in Income Tax | 4 comments | 22515 Views

Compulsory manual selection of cases for scrutiny during the F.Yr. 2013-14

20 September 2013 at 16:58

Compulsory manual selection of cases for scrutiny during the F.Yr. 2013-14 Instruction No 13/2013 Dated : 20th Sep 2013

Posted in Income Tax | 54651 Views

Sailent features of Safe harbour rules

20 September 2013 at 11:49

[TOBE PUBLSIHEDINTHEGAZETTEOF INDIA EXTRAORDINARY, PART II, SECTION3, SUB‐SECTION(ii)] GOVERNMENTOF INDIA MINISTRYOF FINANCE DEPARTMENTOF REVENUE [CENTRAL BOARDOFDIRECT TAXES] Notification New Delhi, the 18th September, 2013 INCOME – TAX S

Posted in Income Tax | 1 comments | 16941 Views

Net Direct Tax Collections for 2013-14, up to 17th September 2013 Shows A Growth of 12.5% and Stood At Rs. 2,38,325 Crore as against Rs. 2,11,641 Crore in the Same Period Last Year

19 September 2013 at 11:15

Net direct tax collections for the current F.Y. 2013-14, up to 17th September 2013, stood at Rs. 2,38,325 crore as against Rs. 2,11,641 crore in the same period last year showing a growth of 12.5%. Corporate tax collections are Rs. 1,46,610 crore as

Posted in Income Tax | 1 comments | 7527 Views

CBDT Extended Date for Filing of Applications by Electoral Trusts upto 30th November, 2013

17 September 2013 at 18:34

The Central Board of Direct Taxes (CBDT) has permitted Electoral Trusts to file their applications upto 30th November, 2013 in respect of Assessment Year 2014-15 for approval under clause (22AAA) of Section 2 of the Income-tax Act, 1961 (read with P

Posted in Income Tax | 2 comments | 10416 Views

Opening of the Bank Branches for accepting the advance tax challans for Income Tax and Corporate Tax on September 14 & 15, 2013

14 September 2013 at 12:57

RBI/2013-2014/253 DGBA.GAD.No.H – 1739/42.01.029/2013-14 September 13, 2013 The Chairman & Managing Director/The Chief Executive Officer All Agency Banks Dear Sir/Madam, Opening of the Bank Branches for accepting the advance tax ch

Posted in Income Tax | 58008 Views

Record Management System at CPC, Bengaluru Receives ISO 15489-1:2000 Certification; Becomes First Organization in India and the World to Receive Such Certification

14 September 2013 at 12:21

Centralized Processing Center (CPC), Bengaluru, the flagship project of Income Tax Department with M/s.Infosys Limited as the Managed Service Provider, was awarded “ISO 15489-1: 2001” certificate by British Standards Institution (BSI). W

Posted in Income Tax | 2 comments | 49773 Views

Income Tax Department Sends Letters to Another Batch of 35,000 Non-Filers to File Returns and Pay Taxes Thereon; Letters Issued in 2,45,000 Cases So Far

14 September 2013 at 12:21

As part of a massive exercise to identify high risk non-filers of Income Tax returns and ask them to file returns and pay taxes thereon, the Income Tax Department has sent letters to another batch of 35,000 non-filers this week. These persons were p

Posted in Income Tax | 6 comments | 64209 Views