Income Tax News
Income Tax Department Directed to Launch Special Drive for Verifying High Value Transactions
18 January 2012 at 17:08The Central Board of Direct Taxes has directed the Income Tax department to launch a special drive, from 20th January to 20th March 2012, for verifying high value transactions (investments / deposits / expenditure) from persons who are not assesse
Specified Provisions of section 139 of IT Act, 1961 -Apply to Centralised Processing of Return Scheme, 2011
09 January 2012 at 11:30NOTIFICATION NO. 3/2012 [F. NO. 142/27/2011-SO (TPL)] DATED 4-1-2012 In exercise of powers conferred by sub-section (1B) of section 143 of Income Tax Act, 1961 (43 of 1961), for the purpose of giving effect to the Centralised Processing of Ret
Tax department clarifies increase in indiscriminate raids
24 December 2011 at 12:57It has been reported in a section of the press that several captains of industry have complained to the government that taxmen are harassing industry by resorting to indiscriminate and increased raids. It is informed that unde
ICAI submits Pre-Budget Memorandum-2012 on Direct Taxes
17 December 2011 at 12:15ICAI submits Pre-Budget Memorandum-2012 on Direct Taxes
Direct Taxes Regional Training Institute, Bangalore
16 December 2011 at 11:00Direct Taxes Regional Training Institute, Bangalore
e-Filing in F.Y 2011-12: Quick Statistics (as on 30th November 2011)
08 December 2011 at 10:22QUICK HIGHLIGHTS OF E-FILING IN F.Y. 2011-12 (UPTO 30/11/2011) COMPARATIVE GROWTH OF E-FILING IN CURRENT YEAR FORM WISE RECEIPT OF E-RETURNS UPTO 30th NOVEMBER S.N.
CBDT has shared details of 18 individuals found to have stashed illegal funds abroad in LGT bank accounts
06 December 2011 at 13:16No.402/92/2006-MC (29 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, the 5th December 2011 It has been reported in some sections of the press that the Central Board of Direct
Selection for the post of Members of the Central Board of Direct Taxes under the Department of Revenue
06 December 2011 at 10:17The Ministry of Finance, Department of Revenue has announced the Selection for the post of Members of the Central Board of Direct Taxes. Check the attached file for full datails...
CBDT Clarification Regarding Information Received Under the DTAA With Germany
06 December 2011 at 10:16It has been reported in some sections of the press that the Central Board of Direct Taxes (CBDT) has shared details of 18 individuals found to have stashed illegal funds abroad in LGT bank accounts. In this connection, it is clarified that the C
Income-tax (9th Amendment) Rules, 2011- Insertion of Rule 40BA and Form No. 29C
03 December 2011 at 10:55NOTIFICATION NO. 60/2011 [F. NO. 133/70/2011-SO(TPL)] DATED 1-12-2011 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to am
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