Income Tax News

Major take aways from Annual conference of tax administrators

20 June 2016 at 10:41

"Rajswa Gyansangam- Annual Conference of Tax Administrators-2016”concludes; Major Take Aways from two day “Annual Conference of Tax Administrators-2016” include further improvement in Tax Payers Services by use of technology an

Posted in Income Tax | 2670 Views

Simplification of procedure for Form 15G and 15H

11 June 2016 at 12:00

F.No. DGIT(S)/CPC(TDS)/DCIT/15GH/2016-174539Government of IndiaMinistry of FinanceCentral Board of Direct TaxesDirectorate of Income-tax (Systems)New Delhi.Notification No 1/2016 Dated: 09th June, 2016Subject: Simplification of procedure for Form No.

Posted in Income Tax | 9066 Views

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 | 6432 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 | 4365 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 | 6963 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 | 8286 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 | 6420 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 | 4956 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 | 6693 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 | 5109 Views