Income Tax News
Nation Saving Certificates (VIII and IX Issue) (Amendment) Rules, 2012
14 May 2012 at 11:33NATIONAL SAVINGS CERTIFICATES (VIII ISSUE) (AMENDMENT) RULES, 2012 - AMENDMENT IN RULES 15 AND 16 NOTIFICATION NO.GSR 318(E) DATED 25-4-2012 In exercise of the powers conferred by section 12 of the Government Savings Certificates Act, 1959 (46
Post Office Time Deposit (Amendment) Rules, 2012- Amendment in Rule 7
14 May 2012 at 11:34NOTIFICATION NO.GSR 323(E) DATED 25-4-2012 In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Post Office Time D
New TAXNET Project 2013
14 May 2012 at 11:25The TAXNET Project (WAN & LAN) of Income Tax Department (ITD), operational from 2008, includes MPLS network (including 155 VSAT locations) at more than 700 locations spread in more than 500 cities across the country. The Department has now emb
Guidelines for engagement of Standing Counsels to represent the Income-tax Department before High Courts and other judicial forums
14 May 2012 at 11:24INSTRUCTION NO. 3/2012, [F. NO. 279/MISC./M-75/2011-ITJ] DATED 11-4-2012 To, AllChief Commissioners of Income Tax, All Director Generals of Income Tax Sub : Guidelines for engagement of Standing Counsels to represent the Income-tax Departmen
IT Evasion of Builders
14 May 2012 at 11:24The Income Tax Department conducts search, seizure and survey operations based on credible information relating to ‘persons’ which includes individuals, Hindu undivided families (HUFs), firms, companies, association of persons (AoPs),
The online submission of ITR-1 (SAHAJ) and ITR-4S (SUGAM) for AY 2012-13 has been enabled
09 May 2012 at 17:45The online submission of ITR-1 (SAHAJ) & ITR-4S (SUGAM) for AY 2012-13 has been enabled
No Case of Data Leak and Refund Frauds Detected Due to Outsourcing of Infotech Functions by IT Department
09 May 2012 at 11:49The outsourcing of infotech functions by the Income Tax (IT) Department has emerged after extensive discussions, rigorous evaluation and comprehensive examination by various authorities. Till now no instance has come to light of involvement of Ven
Value of Assets Seized in Searches Conducted by Income Tax Department Stood at Rs. 905.61 Crore in 2011-12
09 May 2012 at 11:49The Government has received a number of cases of information relating to remittances, payments and money held in foreign bank accounts etc. under the provisions of the DTAAs/TIEAs. Every reliable information, including information received from ou
The online submission of ITR-1 (SAHAJ) for AY 2012-13 has been enabled
08 May 2012 at 10:58The online submission of ITR-1 (SAHAJ) for AY 2012-13 has been enabled
Opening Remarks by FM on Finance Bill 2012
07 May 2012 at 17:28Opening Remarks made by the Finance Minister Shri Pranab Mukherjee at the beginning of the Discussion on Finance Bill 2012 The text of the Opening Remarks made by the Union Finance Minister Shri Pranab Mukherjee at the beginning of the discussio
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