Income Tax News

Undisclosed income exceeding Rs. 9,200 crore detected by CBDT during the search operations in the financial year 2011-12

12 April 2012 at 17:51

During the financial year (FY) 2011-12, the Investigation Directorates of the Central Board of Direct Taxes (CBDT) conducted searches on 330 groups involved in different businesses / activities. On the basis of assets, documents and other evidence

Posted in Income Tax | 3 comments | 9246 Views

New forms for PAN application from April 8, 2012

10 April 2012 at 11:18

With effect from April 8, 2012, PAN applications are required to be furnished in the new forms prescribed by ITD. Indian citizens will have to submit their ‘Application for allotment of new PAN’ in revised Form 49A only. Foreign citize

Posted in Income Tax | 12 comments | 36768 Views

Issuance of TDS Certificate In Form No 16A download from TIN website - Circular u/s 119 of the Income Tax Act, 1961

10 April 2012 at 10:28

Issuance of TDS Certificate In Form No 16A download from TIN website – Circular under section 119 of the Income Tax Act, 1961

Posted in Income Tax | 32178 Views

Due date for submission of ITR-V is 120 days from the date of upload of e-return

04 April 2012 at 15:43

The due date for submission of ITR-V is 120 days from the date of upload of e-return. For details check this link https://incometaxindiaefiling.gov.in/

Posted in Income Tax | 11007 Views

Inauguration of Direct Taxes Regional Training Institute, Bangalore

04 April 2012 at 15:43

DIRECT TAXES REGIONAL TRAINING INSTITUTE, BANGALORE The Institute: Direct Taxes Regional Training Institute, Bangalore (DTRTI or the Institute, for short) is the training arm of the Income-tax Department. It functions under the aegis of Nation

Posted in Income Tax | 7884 Views

Income-tax (Fourth Amendment Rules, 2012 - Depreciation restricted to 15% on wind mills installed after 31-3-2012

02 April 2012 at 10:37

Notification No. 15/2012 [F.No.149/21/2010-SO(TPL)] S.O.694(E) Dated 30-3-2012 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 rule

Posted in Income Tax | 2 comments | 12318 Views

e-Filing in F.Y 2011-12: Quick Statistics (as on 31st March 2012)

01 April 2012 at 21:10

QUICK HIGHLIGHTS OF E-FILING IN F.Y. 2011-12 (UPTO 31/03/2012) COMPARATIVE GROWTH OF E-FILING IN CURRENT YEAR

Posted in Income Tax | 1 comments | 13308 Views

Income-tax (3rd Amendment) Rules, 2012

30 March 2012 at 17:12

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 28th day of March, 2012 Income-tax S.O. 626 (E).- In exercise of the powers conferred by section 295 of the Income-tax Ac

Posted in Income Tax | 1 comments | 25509 Views