Income Tax News

Amendments in Rules 10A, rule 10AB, rule 10B, rule 10C, rule 10D, rule 10E and Substitution Of Form NO.3CEB - Income-tax Rules, 1962

13 June 2013 at 10:52

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 10th June, 2013 INCOME-TAX S.O

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New ITR form released

13 June 2013 at 10:52

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 11th day of June, 2013 Income-tax S.O.1513(E).─ In exercise of the powers conferred by section 295 of the Incometax Act, 196

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Gross Direct Tax Collections During April-May of Current Financial Year 2013-14 Up By 21.10 Percent at Rs. 63,252 Crore as Against Rs. 52,231 Crore in the Same Period Last Year

08 June 2013 at 10:17

Gross direct tax collections during April-May of the current Financial Year 2013-14 is up by 21.10 percent at Rs. 63,252 crore as against Rs. 52,231 crore in the same period during the last fiscal. While Gross Collections of Corporate Taxes showed a

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Cost Inflation Index - 2013-14 - 939

08 June 2013 at 10:09

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION No. 40/2013 INCOME-TAX New Delhi, the 6th day of June, 2013 S.O. 1464(E) - In exercise of the powers conferred by clause (v) of th

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Income Tax (Fifth Amendment) Rules, 2013 - Form for TDS 194IA on immovable property 26QB and 16B

04 June 2013 at 16:11

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 31st May, 2013 NOTIFICATION INCOME-TAX S.

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FM to Inaugurate Tomorrow 29th Annual Conference of Chief Commissioners of Income Tax and Directors General of Income Tax 2013

27 May 2013 at 17:55

The Union Finance Minister Shri P. Chidambaram will inaugurate the 29th Annual Conference of Chief Commissioners & Directors General of Income Tax here tomorrow. Two day Conference is being organised by the Central Board of Direct Taxes (CBDT) h

Posted in Income Tax | 1 comments | 12675 Views

Income Tax Department Sent Letters Today to Another Batch of 35,000 Non-Filers

27 May 2013 at 17:55

Government Once Again Urges all Tax Payers to Disclose Their True Income and Pay Appropriate Taxes As part of its ongoing initiative, the Income Tax Department has sent today i.e. 27th May, 2013 letters to another batch of 35,000 non-filers. These

Posted in Income Tax | 6 comments | 23550 Views

Restructuring of the Income Tax Department

24 May 2013 at 17:05

The Union Cabinet today approved the proposal for creation of 20,751 additional posts in the Income Tax Department in various cadres that is 1349 additional posts in the IRS cadre and 19,402 additional posts in the non-IRS cadres. This will help t

Posted in Income Tax | 6 comments | 21972 Views

Rationalisation of With-Holding Tax (WHT) to Encourage Greater Subscription in Indian Debt Securities by Foreign Investors

22 May 2013 at 13:50

Rationalisation of With-Holding Tax (WHT) to Encourage Greater Subscription in Indian Debt Securities by Foreign Investors, Encourage Development of the Indian Debt Market and Accelerate the Pace of Growth of the Indian Economy To enhance resour

Posted in Income Tax | 13494 Views

Government urges all tax Payers to Disclose their True income and pay Appropriate taxes within the Current Financial Year

21 May 2013 at 12:20

A Compliance Management Cell has been set-up to Ensure Follow-up Action and Track Return Filing and Tax Payment of the Target Segment; 70,000 Letters are being sent in 2 Batches to High Priority Cases in this Month The Union Finance Minister Shr

Posted in Income Tax | 2 comments | 12096 Views