Income Tax News

NSDL RPU for preparing quarterly e-TDS/TCS statements (regular and correction) upto FY 2009-10 released

09 November 2010 at 23:08

NSDL RPU for preparing quarterly e-TDS/TCS statements (regular and correction) upto FY 2009-10 released A. Procedure for preparation of return Deductors' Manual for quarterly returns Dos and Don’ts for Deductors/Collectors B. Forms F

Posted in Income Tax | 14772 Views

CBDT Clarification on approvals u/s 10(23C) and 80G(5)

09 November 2010 at 23:05

CBDT Clarification on approvals u/s 10(23C) and 80G(5) No.402/92/2006-MC (47 of 2010) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated the 3rd October 2010 The Central Board

Posted in Income Tax | 3 comments | 17556 Views

Net Direct tax Collections Increases by 17.82 Percent in First Seven Months of 2010-11

09 November 2010 at 22:23

Net Direct tax Collections Increases by 17.82 Percent in First Seven Months of 2010-11 Net direct tax collections in the first seven months of the current fiscal crossed the mark of rupees two trillion and stood at Rs.2,04,351 crore as on 31st O

Posted in Income Tax | 3117 Views

ICSI Suggestions on Direct Taxes Code Bill, 2010

03 November 2010 at 10:16

ICSI Suggestions on Direct Taxes Code Bill, 2010

Posted in Income Tax | 6 comments | 17574 Views

Web-pages of the Directorate General of Income Tax (Vigilance)

02 November 2010 at 11:47

Web-pages of the Directorate General of Income Tax (Vigilance) It gives me immense pleasure to welcome you all on the web link of the Directorate of Vigilance. It has been inaugurated for public viewing in a function presided over by the Central

Posted in Income Tax | 3 comments | 7566 Views

Period of validity of approvals issued under Section 10 (23C) (iv), (v), (vi) or (via) and Section 80G (5) of the IT Act-clarification reg.

29 October 2010 at 11:52

Period of validity of approvals issued under Section 10 (23C) (iv), (v), (vi) or (via) and Section 80G (5) of

Posted in Income Tax | 2 comments | 10851 Views

Income Tax Demand of Rs.11,218 Crore Raised on Vodafone

22 October 2010 at 17:16

Income Tax Demand of Rs.11,218 Crore Raised on Vodafone The Income Tax department today issued an order raising a tax demand of Rs.11,217.95 crore on Vodafone International Holdings BV treating it as an assessee in default under section 201(1)

Posted in Income Tax | 5 comments | 10332 Views

Net Direct Tax Collections Register 19.09% Growth

20 October 2010 at 11:15

Net Direct Tax Collections Register 19.09% Growth Net direct tax collections during the period April-September 2010 stood at Rs.1,81,758 crore, up from Rs.1,52,625 crore in the same period last fiscal, registering a growth of 19.09 percent in H-

Posted in Income Tax | 4392 Views

E-Filing for AY 10-11: Quick Statistics (as on 15th October 2010)

19 October 2010 at 10:51

E-Filing for AY 10-11: Quick Statistics (as on 15th October 2010) HIGHLIGHTS OF e-FILING SEASON AY 10-11 ( up to 15/10/2010) (1) COMPARATIVE PROGRESS OF e-FILING OF RETURNS Form Type

Posted in Income Tax | 3 comments | 9603 Views

Common errors found while processing ITR 4, 5 and ITR 6 for AY 2009-10

19 October 2010 at 10:35

Common errors found while processing ITR 4, 5 and ITR 6 for AY 2009-10 Please download the list of the most common errors made by taxpayers while E-filing their I-T returns in ITR 4, 5, 6. It may be clearly noted that the variation in tax or i

Posted in Income Tax | 2 comments | 9387 Views