Income Tax News

New Validation regarding TDS transactions not exceeding / exceeding threshold limit in quarterly e-TDS/TCS statement pertaining to FY 2010-11

30 April 2011 at 13:26

New Validation regarding TDS transactions not exceeding / exceeding threshold limit in quarterly e-TDS/TCS statement pertaining to FY 2010-11 and onwards A. Procedure for preparation of return Deductors' Manual for Quarterly Correction Ret

Posted in Income Tax | 1 comments | 18906 Views

Procedure for regulating refund of excess amount of TDS deducted and/or paid

28 April 2011 at 17:03

Procedure for regulating refund of excess amount of TDS deducted and/or paid CIRCULAR NO. 2/2011 [F.NO. 385/25/2010-IT(B)] DATED 27-4-2011 The procedure for regulating refund of amount paid by the deductor in excess of the tax deducted at so

Posted in Income Tax | 4 comments | 15723 Views

Registration of TAN made more user friendly- Consolidated TDS/TCS file requested online is also available for download

21 April 2011 at 11:24

Registration of TAN made more user friendly. Consolidated TDS/TCS file requested online is also available for download The deductors/collectors can register their TANs online. Authenticated access (through user ID and password) is provided to re

Posted in Income Tax | 6270 Views

Status of Quarterly TDS/TCS Statement now available by SMS

19 April 2011 at 22:31

Status of Quarterly TDS/TCS Statement now available by SMS NSDL is pleased to announce that henceforth, NSDL will send SMS for each quarterly TDS/TCS statement processed at TIN. You just need to quote correct latest mobile number in the quarterl

Posted in Income Tax | 16230 Views

Print Specifications for SAHAJ and SUGAM

19 April 2011 at 22:31

Print Specifications for SAHAJ and SUGAM

Posted in Income Tax | 2 comments | 9141 Views

Government of India has created 12 posts of Income Tax Ombudsman at 12 Stations

19 April 2011 at 22:31

Government of India has created 12 posts of Income Tax Ombudsman at 12 Stations The Government of India has created 12 posts of Income Tax ombudsman at 12 stations namely New Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Ahmedabad, Pune

Posted in Income Tax | 1 comments | 5250 Views

SC asks Vodafone to appear before IT in tax case

18 April 2011 at 11:52

SC asks Vodafone to appear before IT in tax case The Supreme Court on Friday directed UK-based telecom major Vodafone to appear before the Income Tax Department which had instructed the company to pay penalty in the USD 2 billion tax case relati

Posted in Income Tax | 20760 Views

New Income Tax Return Forms notified for AY 2011-12

15 April 2011 at 19:05

CBDT notifies New Income Tax Return Forms for the Assessment Year 2011-12 ITR-1 SAHAJ Indian Individual Income tax Return English Form Instruction Hindi Form

Posted in Income Tax | 9 comments | 79368 Views

BIS Certification for Aayakar Seva Kendra, Kochi

13 April 2011 at 15:16

BIS Certification for Aayakar Seva Kendra, Kochi The Aayakar Seva Kendra (ASK) at the Income-tax Office at Cochin has obtained quality certification under IS : 15700 : 2005 for sustained quality of work and procedure in the area of tax payer ser

Posted in Income Tax | 2 comments | 6951 Views