Category: INCOME TAX

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Proforma for Declaration of Tax Savings and other income during the financial year 2012-2013

A most important proforma for implementation of TDS provision as per Income Tax Act, designed to obtain all information from official regarding Inco [...]

Extension of time limit for filing of ITR-V forms for A.Y. 2010-11 and A.Y. 2011-12 upto 31-12-2012

Extension of time limit for filing of ITR-V forms for A.Y. 2010-11 and A.Y. 2011-12 upto 31-12-2012 Extension of time limit for filing of ITR-V forms [...]

Income Tax E-Filing Portal https://incometaxindiaefiling.gov.in will not be available from 3rd November to 8th November, 2012 in order to make the New Portal Live

Ministry of Finance 02-November, 2012 New E-Filing Project Conceptualized to take the E-Services to the Next Generation; in order to make the Ne [...]

DTC may bring relief on Income Tax Rates

Chidambaram assures that on tabling the Bill Parlianment will abide by all recommendations of the standing committee After the Direct Taxes Code [...]

Exemption of Transport Allowance from the purview of Income Tax- Enhancement of exemption limit from Rs. 800/- to Rs. 3200/- plus D.A. thereon

Railway Board, Ministry of Railways has requested to Ministry of Finance for enhancing exemption of Transport Allowance from the purview of Inc [...]

Deduction of Tax at Source – Salary: For Financial Year 2012-13 – ITD Circular No. 8/2012

SECTION 192 OF THE INCOME-TAX ACT, 1961 - DEDUCTION OF TAX AT SOURCE - SALARY - INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 DURING THE FINANC [...]

Rajiv Gandhi Equity Savings Scheme (RGESS) : Operational Features approved by FM

Ministry of Finance 21-September, 2012 Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS) The [...]

View Your Income Tax Arrear Demand

Income Tax Department has informed through their website that:- As a Taxpayer friendly initiative, a facility to view details of Arrear Demand of ta [...]

National Mascot Design Contest 2012 by Income Tax Department – Reward Rs. 1 Lac – Last Date 23rd Sep, 2012

GUIDELINES FOR THE NATIONAL MASCOT DESIGN CONTEST 2012 Income Tax Department invites all artists and designers, both professionals and amateurs, [...]

Training for Fresh Batch of Tax Return Preparers to begin Soon

Ministry of Finance 17-August, 2012 Training for Fresh Batch of Tax Return Preparers to begin Soon The Income Tax Department is in the process [...]
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