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 11:53CIRCULARNO.-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
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.
Income-tax (11th Amendment) Rules, 2014
13 November 2014 at 10:54Income-tax (11th Amendment) Rules, 2014
Income Tax Department to remain open on 15th November, 2014
12 November 2014 at 11:47Income Tax Department to remain open on 15th November, 2014 Detailed information has been attached herewith
Implementation of the decision of SC by Income tax dept
12 November 2014 at 11:47Implementation of the decision of SC by Income tax dept Detailed information has been attached herewith
Non adversarial tax regime emphasised by CBDT
08 November 2014 at 11:13In 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
FM asks IT dept to focus on domestic black money
31 October 2014 at 10:09Finance 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
CBDT noticed 5,09,898 taxpayers have not filed ITR for AY 2014-15
30 October 2014 at 16:40CBDT 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
New income tax dept website launched
28 October 2014 at 16:21New income tax dept website launched Detailed information has been attached herewith
CBI arrests deputy commissioner and inspector of income tax dept
22 October 2014 at 10:46The 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
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