Income Tax News


CBDT releases revised discussion paper on the Draft Direct Taxes Code

   16 June 2010 at 10:44

CBDT releases revised discussion paper on the Draft Direct Taxes CodeThe draft DTC along with the Discussion Paper was released in August, 2009 for public comments. The response from various stakeholders has been overwhelming and a number of valuabl

Posted in Income Tax  2 comments |   10425 Views


Exemption from Tax for Gratuity Payments Enhanced from Rs. 3.5 Lakh to Rs. 10 Lakh

   12 June 2010 at 10:54

Exemption from Tax for Gratuity Payments Enhanced from Rs. 3.5 Lakh to Rs. 10 Lakh

Posted in Income Tax  17 comments |   20409 Views


E-filing for ITR 1- SARAL II, ITR-2 , ITR-3 and ITR-4 has commenced

   10 June 2010 at 12:06

E-filing for ITR 1- SARAL II, ITR-2 , ITR-3 and ITR-4 has commenced. Please E-file your AY 2010-11 returns now

Posted in Income Tax  8 comments |   29016 Views


Income Tax Welfare Fund With a Corpus of Rs.100 Crore Operationalised After 12 Years

   09 June 2010 at 14:49

Income Tax Welfare Fund With a Corpus of Rs.100 Crore Operationalised After 12 YearsFinance Minister, Shri Pran

Posted in Income Tax  2 comments |   6984 Views


IT Department to Set up Special Counters to Facilitate Taxpayers to Receive IT Returns

   03 June 2010 at 13:36

I-T Department to Set up Special Counters to Facilitate Taxpayers to Receive I-T Returns on 31st July (Saturday) also

Posted in Income Tax  1 comments |   8946 Views


TDS rules amended to notify new dates of return,mode of payment, issue of TDS certificate and replace the UTN

   03 June 2010 at 11:53

CBDT on amended TDS Rules- New Changes in TDS Rules No.402/92/2006-MC (27 of 2010) Government of India / Minist

Posted in Income Tax  17 comments |   37671 Views


Finance Minister dedicates the centralized processing center (CPC) of the Income Tax Department, Bengaluru to the Nation

   31 May 2010 at 13:21

Finance Minister dedicates the centralized processing center (CPC) of the Income Tax Department, Bengaluru to the Nation

Posted in Income Tax  1 comments |   8175 Views


Industrial Park Scheme Eligible for Deduction Under Section 80IA of IT ACT Extended to 31st March 2011

   24 May 2010 at 16:38

Industrial Park Scheme Eligible for Deduction Under Section 80IA of I-T ACT Extended to 31st March 2011

Posted in Income Tax |   6441 Views


Construction of Additional Lanes in Highway Project to get Deduction Under Section 80ia of Income Tax Act

   20 May 2010 at 17:36

Construction of Additional Lanes in Highway Project to get Deduction Under Section 80ia of Income Tax Act

Posted in Income Tax |   6735 Views


Excerpts from the speech of the Finance Minister before the Central Direct Tax Advisory Committee (CDTAC)

   20 May 2010 at 12:08

Excerpts from the speech of the Finance Minister before the Central Direct Tax Advisory Committee (CDTAC)

Posted in Income Tax  2 comments |   4485 Views



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