Receipt number to be quoted in Form 16/ 16A Receipt number to be quoted in Form 16/16A will be generated by TIN. Receipt number will be generated for the quarterly TDS/TCS statements pertaining to FY 2010-11 and onwards uploaded to TIN. Receipt nu
Change in procedure for registration of Digital Signature Certificate (effective from 17/08/2010) and FAQs
Direct Taxes Code (DTC) to Cover SEZs Profit Linked Incentives to be Replaced by Investment Linked Deductions The draft Direct Taxes Code (DTC) along with a Discussion Paper was released for public discussion in August 2009. The Discussion Pa
E-Filing for AY 10-11: Quick Statistics (as on 4th August 2010) HIGHLIGHTS OF e- FILING SEASON AY 10-11 ( up to 04/08/2010) (1) COMPARATIVE PROGRESS OF e-FILING OF RETURNS
Direct tax Collections Register 15.75% Growth During first four months of present Fiscal Net direct tax collections during first four months of the present fiscal (up to July 2010) stood at Rs.85,647 crore, up from Rs.73,990 crore in the same peri
Weighted Deduction Increased to 175% W.E.F 1st April 2010 For Sum Paid out of Buisiness Income to University and other Educational Institutions for Scientific Research And Development The Income Tax Act, 1961, before amendment by Finance Act, 196
Investment Upto Rs. 20000/- In Longterm Infrastructure Bonds Allowed As Deduction U/S 80ccf Of Income Tax Act 1961 The Finance Act, 2010 has inserted a new section 80CCF in the Income Tax Act, 1961, which provides that an amount upto the extent of
Centralised Processing Centre (CPC) At Bangalore Performing Successfully - 26.99 Lakh Returns Processed And Over 3 Lakh Refunds Issued Till Date Centralized Processing Centre (CPC) at Bangalore is performing successfully. Till date, 26.99 alkh re
Procedure for application for Accounts Office Identification Number (AIN) for Government offices required to file Form 24G Introduction The Pay and Accou
Tax SOPS for Industrial Parks Section 80-IA [4 (iii)] of the Income Tax Act, 1961 provides for a tax holiday for 10 out of 15 years in respect of profits of any undertaking which develops, develops and operates or maintains and operates an industr
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English