Category: INCOME TAX
Tax Rates: Income Tax for AY 2013-14 & 2012-13 for All, Minimum Alternate Tax and all taxable income in IT Act
TAX RATES
INCOME-TAX
Individuals, Hindu undivided families, AOPs, BOIs - The tax
rates applicable to individuals are also applicable to a Hindu und [...]
Clarification on issue relating to export of Computer Software – Section 10A, read with Sections 10AA & 10B
SECTION 10A, READ WITH SECTIONS 10AA & 10B OF THE INCOME-TAX ACT, 1961 - FREE TRADE ZONE - DIRECT TAX BENEFITS - CLARIFICATION ON ISSUES RELATING [...]
Extension of time limit for filing ITR-V forms for A.Y. 2010-11, A.Y. 2011-12 and A.Y. 2012-13
F.No. DIT(S)-III/ITR-V Extension/ 2012-13
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
Directorat [...]
No Deduction in Certain Cases – Specified Payment under Section 197A(1F)
SECTION 197A OF THE INCOME-TAX ACT, 1961 -
DEDUCTION OF TAX AT SOURCE - NO DEDUCTION IN CERTAIN CASES -
SPECIFIED PAYMENT UNDER SECTIO [...]
30% tax above 20 Lakh, Standard Deduction 50 thousand, 2 Lakh exemption under 80C etc.: FICCI Demanded
Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) has submitted following demands/suggestions in pre-budget [...]
CGHS Contribution is deductible under Section 80-D
The Central Government Health Scheme (CGHS ) is a medical facility available to serving and retired Government servants. This facility is similar to [...]
Rajiv Gandhi Equity Savings Scheme, 2012 – CORRIGENDUM in Notification
NOTIFICATION NO. 53/2012 [F. NO. 142/35/2012 -TPL], DATED 5-12-2012
In the notification of Government of India, Ministry of Finance, Department [...]
Rajiv Gandhi Equity Saving Scheme, 2012 – IT Section 80CCG – Notification
[TO BE PUBLISHED IN PART II, SECTION
3, SUB-SECTION (ii) OF THE GAZETTE
OF INDIA, EXTRAORDINARY, DATED THE 23rd November, 2012]
Government of I [...]
Web based status tracking facility launched to check corruption in Income Tax refunds
Ministry of Finance 23-November, 2012
Web Based Status Tracking Facility Launched to Check Corruption in Income Tax Refunds
Instances of a [...]
Check your income tax refund status online with Refund Banker Scheme of Tin-nsdl
Now check your income tax refund status more easily with Refund Banker Scheme of Tin-NSDL. Previously refund status was available only for regi [...]