Income Tax News

Standard Operating Procedure on filing of Appeals/Special Leave Petitions(SLPs) by the Income Tax Department

05 July 2014 at 13:19

Standard Operating Procedure on filing of Appeals/Special Leave Petitions(SLPs) by the Income Tax Department in the Supreme Court and related matters: instructions regarding- Revised Proforma B to Instruction No.4/2011 dated 09.03.2011 Detailed infor

Posted in Income Tax | 1 comments | 21309 Views

A valid Email ID and Mobile Number to be Registered/Updated on the E-Filing Website of the Income Tax Department

05 July 2014 at 13:19

A valid Email ID and Mobile Number has to be registered/updated on the e-filing website of the Income Tax Department so that direct communication with taxpayer can be possible. For details, taxpayers can log on to: https://incometaxindiaefiling.gov.i

Posted in Income Tax | 5 comments | 32022 Views

New versions of forms released by MCA

24 June 2014 at 11:29

Version of the forms INC-1, INC-2, INC-22, FC-2, FC-3, SH-8, CHG-1, DIR-12, INC-21, MGT-14, INC-23, INC-28, MR-1, MR-2, SH-7 and FC-4 are likely to change w.e.f 24th June 2014. You are requested to plan accordingly.

Posted in Income Tax | 2 comments | 6900 Views

New Password for official e-Mail to all Users of the Income Tax Department

18 June 2014 at 11:34

This is to bring to your kind notice that the official e-mail of Income Tax Department has been migrated to an upgraded version requiring better security. For this, a new Password

Posted in Income Tax | 8 comments | 40149 Views

Tax Administration Reform Commission (TARC) submitted its First report to the Finance Minister on 30th May 2014

17 June 2014 at 11:43

Tax Administration Reform Commission (TARC) submitted its First report to the Finance Minister on 30th May 2014 Please find the attached file.

Posted in Income Tax | 1 comments | 12780 Views

Cost inflation index for FY 2014-15 is 1024

16 June 2014 at 11:40

GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF DIRECT TAXESNOTIFICATIONINCOME-TAXNew Delhi, the 11th June, 2014 S.O. 1498(E)- In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the In

Posted in Income Tax | 6 comments | 27063 Views

Applicability of PAN requirement for Foreign Nationals.

11 June 2014 at 16:07

Applicability of PAN requirement for Foreign Nationals. Please find the attached file.

Posted in Income Tax | 2 comments | 24402 Views

ICAI Pre budget suggestion

06 June 2014 at 16:14

ICAI Submits Pre Budget Memoranda 2014 Direct TaxesIndirect Taxes Please refer the atached file for details

Posted in Income Tax | 11 comments | 23235 Views

New ITR form for 2014 released

02 June 2014 at 12:29

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3,SUB-SECTION (ii)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUE[CENTRAL BOARD OF DIRECT TAXES]NOTIFICATIONNew Delhi, the 30th day of May, 2014Income-tax S.O. 141

Posted in Income Tax | 26193 Views

Revised TDS returns to be accepted without Original Provisional Receipts

30 May 2014 at 11:31

With effect from June 1, 2014, Deductors/Collectors need not submit copy of Provisional Receipt of original statement and Statement Statistics Report (SSR) for furnishing e-TDS/TCS correction statement. Please refer the attached circular for detail

Posted in Income Tax | 3 comments | 13602 Views