Income Tax News

Income-Tax (Second Amendment) Rules, 2013- Amendment in Rules 31A & 31AA; Substitution of Rules 31ACB, 37J

21 February 2013 at 11:23

Income-Tax (Second Amendment) Rules, 2013 - Amendment in Rules 31A & 31AA; Substitution of Rules 31ACB, 37J and form nos.15G, 15H, 16, 16A, 24Q, 26Q, 27C, 27D, 27Q & 27EQ and insertion of form no. 26B NOTIFICATION NO. 11/2013[F.NO.142/31

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Net Direct Tax Collections Figures for April-January 2012-13 up by 12.49 Percent at Rs. 3,90,310 Crore as Against Rs. 3,46,959 Crore in the Same Period Last Year

07 February 2013 at 09:54

Gross Direct Tax collection during April-January of the current fiscal (F.Y. 2012-13) was up by 7.02 percent at Rs. 4,55,125 crore as against Rs. 4,25,274 crore in the same period last fiscal. While gross collection of Corporate Taxes was up 3.71

Posted in Income Tax | 1 comments | 9486 Views

Income-Tax (First Amendment) Rules, 2013 - Insertion of Rule 17CA and Form no. 10BC

05 February 2013 at 10:45

NOTIFICATION NO. 8/2013 [F. NO. 142/20/2012-TPL] DATED 31-1-2013 In exercise of the powers conferred by clause (b) of section 13B, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the followin

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CBDT notifies Electoral Trusts Scheme, 2013

05 February 2013 at 10:37

ELECTORAL TRUSTS SCHEME, 2013 NOTIFICATION NO. 9/2013 [F. NO. 142/20/2012-TPL], DATED 31-1-2013 In exercise of the powers conferred by clause (22AAA) of section 2 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the

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Clarification on Direct Tax Benefits on issues relating to export of Computer Software

28 January 2013 at 14:02

F. No. 178/84/2012-ITA.I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 17th January 2013 Circular No. 01/2013 Subject: Issues relating to export of computer software-Direct tax bene

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Issues relating to export of computer software-Direct tax benefits Clarification reg

18 January 2013 at 11:04

Posted in Income Tax | 5928 Views

CBDT introduces Centralised Processing of Statements of Tax Deducted at Source Scheme, 2013

18 January 2013 at 11:02

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii) of dated the 15th JANUARY, 2013] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, th

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GAAR implementation deferred by two years to April 1, 2016

15 January 2013 at 11:31

The Central Government has carefully considered the report of the Expert Committee on General Anti Avoidance Rules (GAAR) and accepted the major recommendations of the Expert Committee with some modifications. Thi

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Extension of time limit for filing ITR-V forms for A.Y. 2010-11, A.Y. 2011-12 and A.Y. 2012-13

10 January 2013 at 10:34

NOTIFICATION NO. 1/2013 [F. NO. DIT(S)-III/ITR-V EXTENSION/ 2012-13] DATED 7-1-2013 In exercise of its powers under clause (ii) of Para 14 read with clause (7) of Para 4 of the 'Centralized Processing of Returns Scheme, 2011', issued vi

Posted in Income Tax | 2 comments | 31599 Views

Net Direct Tax Collections Figures for April-December 2012-13 Up by 13.70 Percent at Rs. 3,68,322 Crore as Against Rs. 3,23,956 Crore in the Same Period Last Year

05 January 2013 at 10:55

Gross Direct Tax collections during April-December of the Financial Year 2012-13 was up by 8.01 percent and stood at Rs. 4,28,278 crore as against Rs. 3,96,530 crore in the same period last year. While gross collections of Corporate Taxes showed a

Posted in Income Tax | 6033 Views