Income Tax News

Taxation of income from off-shore Rupee Denominated Bonds

30 October 2015 at 10:36

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesPRESS RELEASENew Delhi, 29th October, 2015Subject: Taxation of income from off-shore Rupee DenominatedBonds-reg.The Reserve Bank of India has recently permitted I

Posted in Income Tax | 1 comments | 6558 Views

Two CAs in committee to simplify income tax act setup by govt

28 October 2015 at 10:38

The Government of India has constituted a Committee with a view to simplify the provisions of the Income Tax Act, 1961, with the following composition:(i) Justice R.V.Easwar, (Retd.), former Judge, Delhi High Court and former President, ITAT- Chairma

Posted in Income Tax | 13 comments | 13953 Views

E sahyog portal for settling IT return claims online launched

27 October 2015 at 23:13

The Union Finance Minister Shri Arun Jaitley Launches The “E-Sahyog” Pilot Project of The Income-Tax Department to Facilitate Taxpayers The Income-tax Department is committed to the ‘Digital India’ initiative of the Governmen

Posted in Income Tax | 2 comments | 13269 Views

Changes made in indirect tax rates

20 October 2015 at 11:00

Government of India makes changes in indirect tax rates, effective from today Government has made the following changes in indirect tax rates, effective from today, that is 19th October, 2015: 1) In view of the continued fall in international prices

Posted in Income Tax | 6 comments | 19929 Views

Finally tax audit return due date extended for whole country to 31st October

01 October 2015 at 12:48

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesPRESS RELEASENew Delhi, 1st October, 2015 Subject: Extension of date for filing of Income tax returns and tax audit reports to 31st October 2015 - regarding The i

Posted in Income Tax | 16 comments | 32910 Views

Amount declared under the compliance window under the Black Money Act

01 October 2015 at 12:46

Government of IndiaMinistry of FinanceDepartment of RevenueCentralBoard of Direct TaxesNew Delhi, 1st October 2015Subject: Declarations received and amount declared under the compliance window under the Black Money Act- regardingThe Black Money (Undi

Posted in Income Tax | 1 comments | 10887 Views

CBDT Revenue Secretary Dr. Hasmukh Adhia tweets that due date has been extended for whole of country to 31st Oct

01 October 2015 at 12:42

Posted in Income Tax | 10 comments | 19251 Views

Form 15G and 15H for non deduction of TDS can be submitted electronically now

01 October 2015 at 10:27

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 30th September, 2015Subject: Simplification of procedure for Form No.15G & 15H � regarding Tax payers seeking non deduction of tax from certa

Posted in Income Tax | 3 comments | 22494 Views