Income Tax News


Instructions regarding Standard Operating Procedure on filing of appeals to High Court under section 260A and related matters

   26 May 2011 at 12:20

Instructions regarding Standard Operating Procedure on filing of appeals to High Court under section 260A and related matters INSTRUCTION NO. 7 /2011 [F.NO. 279/MISC./M-42/2011-ITJ] DATED 24-5-2011 The Government has formulated the Nationa

Posted in Income Tax  2 comments |   10386 Views


Amended DTAAs to help in dealing with black money: Pranab

   25 May 2011 at 13:03

Amended DTAAs to help in dealing with black money: Pranab Finance Minister Pranab Mukherjee on Tuesday exuded confidence that modified tax avoidance agreements with various countries and pacts with tax havens will help in dealing with the menace

Posted in Income Tax |   4617 Views


E-filing for ITR 5 and ITR 6 enabled

   23 May 2011 at 11:13

e-Filing for AY 2011-12 has been started (ITR-1(SAHAJ), ITR-2, ITR-3, ITR-4, ITR-4S(SUGAM), ITR-5 and ITR-6 are now enabled)

Posted in Income Tax  3 comments |   11814 Views


Instructions on Issuance of TDS certificates in form no. 16A and option to authenticate same by way of Digital Signature

   18 May 2011 at 17:32

Instructions on Issuance of TDS certificates in form no. 16A and option to authenticate same by way of Digital Signature CIRCULAR NO. 3/2011 [F. NO. 275/34/2011-(IT-B) DATED 13-5-2011 Section 203 of the Income-tax Act 1961 ("the Act"

Posted in Income Tax  7 comments |   21900 Views


Employees Provident Fund 9.5% notified under rule 6(b) of part A of IVth Schedule with effect from the 1st day of September, 2010

   15 May 2011 at 18:03

Employees Provident Fund 9.5% notified under rule 6(b) of part A of IVth Schedule with effect from the 1st day of September, 2010 - Supersession of Notification No. S.O. 2091(E), dated 26-8-2010 NOTIFICATION NO. 24/2011 [F.NO. 142/14/2010-SO (TP

Posted in Income Tax  4 comments |   8262 Views


Enhancement in amount for transactions in Movable properties

   13 May 2011 at 12:52

Enhancement in amount for transactions in Movable properties

Posted in Income Tax |   8304 Views


e-TDS/TCS RPU (version 2.4) for statements from FY 2005-06 onwards

   10 May 2011 at 16:57

e-TDS/TCS RPU (version 2.4) for statements from FY 2005-06 onwards A. Procedure for preparation of return Deductors' Manual for quarterly returns Dos and Don’ts for Deductors/Collectors B. Forms Form 24Q Form 26Q Form 27Q Fo

Posted in Income Tax |   22206 Views


27th Annual Conference of Chief Commissioners and Directors General of Income Tax, 2011

   10 May 2011 at 11:31

27th Annual Conference of Chief Commissioners & Directors General of Income Tax, 2011 from 24th to 25th May 2011 at New Delhi

Posted in Income Tax |   4176 Views


Drive to clean up TDS database by May 20 2011

   10 May 2011 at 10:00

From the desk of Chairman,CBDT S.N. 43/May 8,2011 Drive to clean up TDS database by May 20 2011 – Cooperation between CITs (TDS) &Corporate charges’ CITs To immediately redress the grievances of tax payers who have claimed refu

Posted in Income Tax |   7164 Views


I-T finds tax evasion in 2G; status report in SC today

   05 May 2011 at 12:46

I-T finds tax evasion in 2G; status report in SC today The Income Tax department has found instances of alleged tax evasion and "multiple routing" of undeclared wealth in the 2G spectrum allocation scam and will file its first status r

Posted in Income Tax |   4905 Views