Income Tax News

View your arrear demand

04 October 2012 at 11:50

As a Taxpayer friendly initiative, a facility to view details of Arrear Demand of taxpayers as communicated by their Jurisdictional Assessing Officers (A.O.) to the Central Processing Centre (CPC) is now enabled on the e-filing website i.e. https

Posted in Income Tax | 1 comments | 13599 Views

Final guidelines on GAAR by month end: Chidambaram

03 October 2012 at 12:28

The Income Tax department will come out with final guidelines by the end of this month on implementation of General Anti Avoidance Rules (GAAR), Finance Minister P Chidambaram said in New Delhi on Monday. The guidelines will be based on the su

Posted in Income Tax | 9114 Views

e-Filing Helpline Numbers

01 October 2012 at 11:35

For any query relating to e-filing of Income Tax Return, please call 18001801961 or 08026500025. . For any query regarding status of e-filed return and ITR-V please call 18004252229.

Posted in Income Tax | 1 comments | 28677 Views

Opening of special return receipt counters on 29th and 30th September, 2012

29 September 2012 at 14:22

Opening of special return receipt counters on 29th and 30th September, 2012

Posted in Income Tax | 9315 Views

Tax benefit to first time investor in equity introduced by FM

22 September 2012 at 11:45

Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS) The Union Finance Minister Shri P. Chidambaram approved a new tax saving scheme called “Rajiv Gandhi Equity Saving Scheme“(RGESS),excl

Posted in Income Tax | 10 comments | 21996 Views

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

22 September 2012 at 11:31

CIRCULAR NO. 07/2012 F.No. 142/17/2012-SO(TPL) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) --------- Dated: September 21, 2012 Subject: Approval of loan agreements/ long term infrastructure bonds

Posted in Income Tax | 2 comments | 8736 Views

Income-tax (11th Amendment) Rules, 2012- Insertion of Rules 31ACB, 37J, FORM Nos. 26A & 27BA

18 September 2012 at 14:49

NOTIFICATION NO. 37/2012 [F.NO. 142/18/2012-SO(TPL)] DATED 12-9-2012 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to a

Posted in Income Tax | 1 comments | 20472 Views

CBDT notified Cost Inflation Index is 852 for Financial Year 2012-13

18 September 2012 at 11:15

CBDT notified Cost Inflation Index is 852 for Financial Year 2012-13

Posted in Income Tax | 11826 Views

Dispute Resolution Panel-Reference to - Reconstitution of DRP at specified areas of jurisdiction-Section 144c of the Income-Tax Act, 1961

17 September 2012 at 18:26

ORDER NO. 9/FT&TR/2012 [F. NO. 500/15/2011-FT&TR-1] DATED 7-9-2012 In exercise of powers conferred by clause (a) of sub-section (15) of Section 144C of the Income-tax Act, 1961 (43 of 1961) r/w Income-tax (Dispute Resolution Panel) Rul

Posted in Income Tax | 6792 Views

Instructions regarding Income limits for assigning cases to Deputy Commissioners/Assistant Commissioners/ITOs

17 September 2012 at 18:25

LETTER [F.NO. 187/12/2010-ITA-1] DATED 5-9-2012 This is with reference to the deliberations made in the meeting of Chief Commissioners of Income Tax & Directors General of Income Tax held on 3-9-2012 at New Delhi. One of the issues raised

Posted in Income Tax | 9912 Views