Income Tax News

Relaxation of MCA additional fees and extension of time for filing of eforms

01 June 2016 at 10:33

Circular No. 07/2016 F.No. MCA/21/33/2016-e-Gov cell Government of India

Posted in Income Tax | 6423 Views

At 7.6% GDP growth India is the fastest growing large economy

01 June 2016 at 10:33

India continues to remain a bright spot in world economy with robust macro-economic and fiscal parameters; Together with GDP growth of 7.9% in Q 4 of 2015-16 and 7.6% in the whole of 2015-16 The Provisional Accounts for 2015-16 have been released by

Posted in Income Tax | 2 comments | 4350 Views

Equalisation levy of 6 percent will come into force from 1st June

31 May 2016 at 10:46

S.O. 1905(E) � In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 179 of the Finance Act, 2016 (28 of 2016), the Central Government hereby makes the following rules for carrying out the provisions of Chapter V

Posted in Income Tax | 1 comments | 6957 Views

CBDT- E-filing of appeals extension of time limit

28 May 2016 at 11:11

CBDT - E-filing of appeals Extension of time limit PFA the enclosed attachment to view in PDF form

Posted in Income Tax | 8280 Views

Relaxation for furnishing of UID in case of Form 15G/15H for certain quarters

26 May 2016 at 10:26

Posted in Income Tax | 1 comments | 6414 Views

Manner of determination of fair market value

24 May 2016 at 10:48

F No 142/26/2015-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes*******New Delhi, Dated 23rd May, 2016Subject: Manner of determination of fair market value and reporting requirement for Indian concern-Indir

Posted in Income Tax | 2 comments | 4944 Views

Digital reporting of Form No.60

23 May 2016 at 11:18

Circular No. 14 /2016F.No.370149/68/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 18th May, 2016Subject: Digital reporting of Form No.60-reg.1. Vide Notification No.95, dated 30th December,

Posted in Income Tax | 6678 Views

FAQ on the Income Declaration Scheme, 2016

23 May 2016 at 11:18

Circular No.17 of 2016F.No.142/8/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated 20th of May, 2016Clarifications on the Income Declaration Scheme, 2016The Income Declaration Schem

Posted in Income Tax | 5100 Views

Indirect tax collection grows by 41.8 percent in April 2016

12 May 2016 at 10:26

Indirect Tax Collections During the month of April 2016 is Rs. 64,394 Crore which is an increase of 41.8% as compared to the collections made in the corresponding Period Last Year (April 2015): Excise Collections Register A Growth of 70.7% while Serv

Posted in Income Tax | 2790 Views

Non filing of ITRV for earlier years

11 May 2016 at 11:19

Circular No. 13/2016 : Verification of tax-returns for Assessment Years 2009-2010, 2010-2011, 2011-2012, 2012-2013, 2013-2014 and 2014-2015 through EVC which are pending due to non-filing of ITR-V Form and processing of such retruns To download th

Posted in Income Tax | 2 comments | 9198 Views