Income Tax News
CBDT Clarification on Interception of Telephonic Conversations
29 April 2010 at 11:57CBDT Clarification on Interception of Telephonic Conversations A section of the media has reported communication between the Income Tax department and the Central Bureau of Investigation regarding records of telephonic conversations between a pers
New Income Tax Return Form SARAL II for Assessment Year 2010-11
27 April 2010 at 11:24CBDT notifies New Income Tax Return Form SARAL II (ITR 1) for Assessment Year 2010-11 for Individuals having in
HIGHLIGHTS OF e- FILING SEASON AY 09-10 ( up to 31/03/2010)
09 April 2010 at 11:01HIGHLIGHTS OF e- FILING SEASON AY 09-10 ( up to 31/03/2010) (1) COMPARATIVE PROGRESS OF e-FILING OF
Submission of Post-Budget Memorandum 2010 by Direct Taxes Committee
31 March 2010 at 17:54Submission of Post-Budget Memorandum 2010 by Direct Taxes Committee The Direct Taxes Committee of the Institute invite members/students/others to download the Post-Budget Memorandum 2010 submitted to the Ministry of Finance on 31st March, 2010.
Announcement on other Issues Related to Direct Tax
29 March 2010 at 16:09As you are kindly aware that there are incessant changes and continuous developments in the area of Direct taxes. The Direct taxes Committee has prepared the post budget memorandum 2010 for submission to the Government.
Clarification regarding allowing losses on account of forex derivatives
25 March 2010 at 14:12Foreign Exchange derivative transactions entered into by the corporate sector in India have witnessed a substantial growth in recent years.
Corrigenda to TDS Rules - Amendment in IT (First Amendment) Rules, 2010
24 March 2010 at 11:11Corrigenda to TDS Rules - Amendment in IT (First Amendment) Rules, 2010 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)]
Income tax department releases common mistakes handout
22 March 2010 at 12:21Income tax department releases common mistakes handout. Click below to download
Discussion Forum on IPR issues to have wider consultation
22 March 2010 at 12:09A discussion Forum on IPR issues has been set up in the Department of Industrial Policy and promotion (DIPP)'s Website at www.dipp.nic.in with a view to have wider consulta
Periodicity of meetings of Committees of Write off of irrecoverable demands and raising of monetary ceiling - Modification of Instruction No. 16/2003,
22 March 2010 at 12:08Reference is invited to Instruction No. 16/2003 dated 18th November, 2003 in which constitution of various Committees for recommending of write off of Income tax arrears were suggested. Paras 6 & 7 of the above instruction mandated that the
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