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New E-Filing Project Conceptualized to take the E-Services to the Next Generation; in order to make the New Portal Live

   03 November 2012 at 17:21

New E-Filing Project Conceptualized to take the E-Services to the Next Generation; in order to make the New Portal Live, E-Filing Services to the Tax Payers through the Existing Portal will not be available from 3rd November to 8th November, 2012.

Posted in Income Tax  7 comments |   16047 Views


Shut down of e-filing portal from 3rd November to 8th November

   02 November 2012 at 15:45

The current e-filing website is being revamped to a new e-filing website with additional services. The current web services will remain closed with effect from 3rd November to 8th November, 2012. The web services will resume from 9th November, 201

Posted in Income Tax  6 comments |   16461 Views


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

   02 November 2012 at 14:48

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

Posted in Income Tax  4 comments |   16044 Views


E-filing portal to be revamped

   31 October 2012 at 12:53

The e-Filing Portal is migrating to a revamped new portal in next few days and the existing website services are likely to be closed for few days.

Posted in Income Tax  3 comments |   14694 Views


Capital Gains Account (First Amendment) Scheme, 2012 - Amendment in Paragraphs 1,2,3,4,10, 13 and forms A, C and G

   30 October 2012 at 17:46

NOTIFICATION NO. 44/2012 [F.NO. 142/21/2012-SO (TPL)] DATED 25-10-2012 In exercise of the powers conferred by sub-section (2) of section 54, sub-section (2) of section 54B, sub-section (2) of section 54D, sub-section (4) of section 54F, sub-se

Posted in Income Tax  1 comments |   20808 Views


Final Report of the Committee constituted for formulating Accounting Standards for the purposes of notification u/s 145(2) of the Income-tax Act, 1961

   27 October 2012 at 11:58

Section 145 (1) of the Income-tax Act, 1961 (‘the Act’) provides that the income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” shall [subject to the provi

Posted in Income Tax  2 comments |   11643 Views


Pendency in PAN transfer request

   18 October 2012 at 12:45

LETTER [F.NO. DIT(S)-I/AIS/NODAL/12-13], DATED 8-10-2012 Kind reference is invited to AIS instruction No. 81(copy enclosed-Annexure-I) vide which facility of auto route of PAN transfer in individual cases was withdrawn by the Directorate and new

Posted in Income Tax |   14205 Views


Migration of PAN lying in Orphan jurisdiction to the jurisdictional AOs by Nodal officers appointed under CsIT(CO)

   18 October 2012 at 12:45

LETTER [F.NO. DIT(S)-I/AIS/NODAL/12-13] DATED 8-10-2012 Kind reference is invited to AIS instruction No. 80 and AST instruction no. 97 on the above subject(copies enclosed for ready reference - Annexures I & II) where in procedure for migr

Posted in Income Tax  3 comments |   7614 Views


Analysis of e-Filed Returns filed in current financial year

   18 October 2012 at 12:45

NO. 402/92/2006-MC (25 OF 2012) DATED 8-10-2012 Analysis of e-filed returns filed in the current Financial Year reveals that nearly 29,000 taxpayers, where committed tax payable was in excess of Rs. 50,000, have defaulted on the payments aggre

Posted in Income Tax |   15600 Views


Income-tax (14th Amendment) Rules, 2012- Insertion of Rule 112F

   10 October 2012 at 17:09

NOTIFICATION NO. 42/2012 [F.NO.282/22/2012-IT (INV. V)] DATED 4-10-2012 In exercise of the powers conferred by section 153A and 153C of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Act), the Central Government hereby

Posted in Income Tax  1 comments |   22869 Views