Income Tax News

Streamlining procedure for scrutiny of income-tax returns

15 March 2011 at 11:18

Streamlining procedure for scrutiny of income-tax returns No.402/92/2006-MC (07 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated the 14th March 2011 Streamlining procedu

Posted in Income Tax | 1 comments | 10779 Views

Update on Centralized Processing Center (CPC) - Call Center

12 March 2011 at 12:27

Update on CPC - Call Center To assist taxpayers a call center with 20 agents provides customer service and support for resolution of taxpayers queries. It provides information and updates on the following: Status of receipt of ITR-V at CPC Pro

Posted in Income Tax | 5 comments | 20244 Views

Chairman CBDT's Messages - Refund cases not yet entered on the system

11 March 2011 at 16:48

Chairman CBDT's Messages Casual & cavalier attitude Refund cases not yet entered on the system All the CCITs, including the CCITs (CCA), were advised by the Board on Feb 28 & again on March 05 11 to provide data regarding paper

Posted in Income Tax | 8904 Views

8 New ITOUs to be Operationalised in Next Fiscal

11 March 2011 at 16:37

8 New ITOUs to be Operationalised in Next Fiscal The Minister of State for Finance, Shri S.S. Palanimanickam, in written reply to a question raised in Lok Sabha today, said that the Government has taken steps to operationalise 8 new Income Tax O

Posted in Income Tax | 6003 Views

Income-tax (First Amendment) Rules, 2011 - Amendment in rules 6DDA, 6DDB and Appendix-II

11 March 2011 at 12:27

Income-tax (First Amendment) Rules, 2011 - Amendment in rules 6DDA, 6DDB and Appendix-II NOTIFICATION NO. 14/2011 [F. NO. 142/25/2008-SO(TPL)] DATED 9-3-2011 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 o

Posted in Income Tax | 22212 Views

Sevottam Kendra of Income Tax, Kochi gains critical mass

10 March 2011 at 11:17

Sevottam Kendra of Income Tax, Kochi gains critical mass The Sevottam Centre, Kochi which had become operational from August 2009 has come of age and has attained critical mass now. Out of the total Dak of 13692 received, 11742 nos have been res

Posted in Income Tax | 4521 Views

Net Direct Tax Collections during April-February-2011 Increase to Rs. 3,36,177

10 March 2011 at 10:43

Net Direct Tax Collections during April-February-2011 Increase to Rs. 3,36,177 Crore, up by 20.75 Percent Net direct tax collections during the period April-February 2011 stood at Rs.3,36,177 crore, up from Rs.2,78,411 crore in the same period d

Posted in Income Tax | 1 comments | 3096 Views

Status of Form 24G filed by PAO/DTO

08 March 2011 at 18:10

Status of Form 24G filed by PAO/DTO For details Click here

Posted in Income Tax | 7179 Views

Union Budget 2011-12 - Direct Tax Proposals - Preliminary Highlights

01 March 2011 at 10:54

Union Budget 2011-12 - Direct Tax Proposals - Preliminary Highlights

Posted in Income Tax | 19569 Views

Exemption Limit for Individual Tax Payers Raised to Rs.1,80,000

28 February 2011 at 13:50

Exemption Limit for Individual Tax Payers Raised to Rs.1,80,000 Qualifying age for Senior Citizens Lowered to 60 Years Senior Citizens above 80 Years to Get Exemption upto Rs. 5,00,000 The exemption limit for the general category of individual

Posted in Income Tax | 10203 Views