Income Tax News

Due-Date for Filing Returns of Income in Cases of Income Tax Assessees in Gujarat Extended upto 14th October 2013

30 September 2013 at 16:31

On consideration of reports of dislocation of general life caused due to recent heavy rains and floods in the State of Gujarat, the Central Board of Direct Taxes (CBDT) has extended the ‘due-date’ for filing Returns of Income from 30th S

Posted in Income Tax | 6 comments | 14700 Views

Representation Regarding CBDT Order F.No.225/117/2013/ITA II dated 26th September, 2013

28 September 2013 at 13:42

No.DTC/TAX-AUDIT/Sept’13 REPRESENTATION REGARDING CBDT Order F.No.225/117/2013/ITA II dated 26th September, 2013 The President and Council Members called upon the highest officials in the Central Board of Direct Taxes (CBDT) and have submi

Posted in Income Tax | 6 comments | 20445 Views

ICAI requested CBDT to extend due date of e-filing of IT returns, tax audit reports & report u/s 92E by one month from the end of 30th-11-13 for AY 2013-14

27 September 2013 at 14:09

ICAI has requested CBDT to extend the due date of e-filing of income tax returns, tax audit reports and report under section 92E of the Income taxAct,1961 The efforts of the members in supporting the initiative the Department requiring e-filing

Posted in Income Tax | 14 comments | 49938 Views

CBDT creates procedure for monitoring cases on "Non-Filers Of IT Returns"

24 September 2013 at 17:52

CBDT creates procedure for monitoring cases on Non-Filers Of IT Returns Instruction No 14/2013 Dated : 23rd September 2013

Posted in Income Tax | 4 comments | 22509 Views

Compulsory manual selection of cases for scrutiny during the F.Yr. 2013-14

20 September 2013 at 16:58

Compulsory manual selection of cases for scrutiny during the F.Yr. 2013-14 Instruction No 13/2013 Dated : 20th Sep 2013

Posted in Income Tax | 54639 Views

Sailent features of Safe harbour rules

20 September 2013 at 11:49

[TOBE PUBLSIHEDINTHEGAZETTEOF INDIA EXTRAORDINARY, PART II, SECTION3, SUB‐SECTION(ii)] GOVERNMENTOF INDIA MINISTRYOF FINANCE DEPARTMENTOF REVENUE [CENTRAL BOARDOFDIRECT TAXES] Notification New Delhi, the 18th September, 2013 INCOME – TAX S

Posted in Income Tax | 1 comments | 16929 Views

Net Direct Tax Collections for 2013-14, up to 17th September 2013 Shows A Growth of 12.5% and Stood At Rs. 2,38,325 Crore as against Rs. 2,11,641 Crore in the Same Period Last Year

19 September 2013 at 11:15

Net direct tax collections for the current F.Y. 2013-14, up to 17th September 2013, stood at Rs. 2,38,325 crore as against Rs. 2,11,641 crore in the same period last year showing a growth of 12.5%. Corporate tax collections are Rs. 1,46,610 crore as

Posted in Income Tax | 1 comments | 7518 Views

CBDT Extended Date for Filing of Applications by Electoral Trusts upto 30th November, 2013

17 September 2013 at 18:34

The Central Board of Direct Taxes (CBDT) has permitted Electoral Trusts to file their applications upto 30th November, 2013 in respect of Assessment Year 2014-15 for approval under clause (22AAA) of Section 2 of the Income-tax Act, 1961 (read with P

Posted in Income Tax | 2 comments | 10404 Views

Opening of the Bank Branches for accepting the advance tax challans for Income Tax and Corporate Tax on September 14 & 15, 2013

14 September 2013 at 12:57

RBI/2013-2014/253 DGBA.GAD.No.H – 1739/42.01.029/2013-14 September 13, 2013 The Chairman & Managing Director/The Chief Executive Officer All Agency Banks Dear Sir/Madam, Opening of the Bank Branches for accepting the advance tax ch

Posted in Income Tax | 57990 Views

Record Management System at CPC, Bengaluru Receives ISO 15489-1:2000 Certification; Becomes First Organization in India and the World to Receive Such Certification

14 September 2013 at 12:21

Centralized Processing Center (CPC), Bengaluru, the flagship project of Income Tax Department with M/s.Infosys Limited as the Managed Service Provider, was awarded “ISO 15489-1: 2001” certificate by British Standards Institution (BSI). W

Posted in Income Tax | 2 comments | 49764 Views