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Rs. 2,72,133 Crore Direct Tax Collections during First Half of 2012-13

   10 October 2012 at 16:20

Gross direct tax collection during April-September of the F.Y. 2012-13 was up by 5.87 percent at Rs. 2,72,133 crore as against Rs. 2,57,042 crore in the same period last year. While gross collection of corporate taxes showed an increase of 1.60 pe

Posted in Income Tax  2 comments |   5940 Views


Draft Report on Retrospective Amendments Relating to Indirect Transfer

   10 October 2012 at 11:18

Draft Report on Retrospective Amendments Relating to Indirect Transfer

Posted in Income Tax |   5517 Views


Income-tax deduction from salaries u/s 192 during the Financial year 2012-13

   10 October 2012 at 11:13

SECTION 192 OF THE INCOME-TAX ACT, 1961 - DEDUCTION OF TAX AT SOURCE - SALARY - INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 DURING THE FINANCIAL YEAR 2012-13 CIRCULAR NO. 8/2012 [F.NO. 275/192/2012-IT(B)], DATED 5-10-2012 Reference is inv

Posted in Income Tax  6 comments |   173340 Views


View your arrear demand

   04 October 2012 at 11:50

As a Taxpayer friendly initiative, a facility to view details of Arrear Demand of taxpayers as communicated by their Jurisdictional Assessing Officers (A.O.) to the Central Processing Centre (CPC) is now enabled on the e-filing website i.e. https

Posted in Income Tax  1 comments |   13488 Views


Final guidelines on GAAR by month end: Chidambaram

   03 October 2012 at 12:28

The Income Tax department will come out with final guidelines by the end of this month on implementation of General Anti Avoidance Rules (GAAR), Finance Minister P Chidambaram said in New Delhi on Monday. The guidelines will be based on the su

Posted in Income Tax |   9081 Views


e-Filing Helpline Numbers

   01 October 2012 at 11:35

For any query relating to e-filing of Income Tax Return, please call 18001801961 or 08026500025. . For any query regarding status of e-filed return and ITR-V please call 18004252229.

Posted in Income Tax  1 comments |   28647 Views


Opening of special return receipt counters on 29th and 30th September, 2012

   29 September 2012 at 14:22

Opening of special return receipt counters on 29th and 30th September, 2012

Posted in Income Tax |   9285 Views


Tax benefit to first time investor in equity introduced by FM

   22 September 2012 at 11:45

Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS) The Union Finance Minister Shri P. Chidambaram approved a new tax saving scheme called “Rajiv Gandhi Equity Saving Scheme“(RGESS),excl

Posted in Income Tax  10 comments |   21954 Views


Approval of loan agreements/ long term infrastructure bonds and rate of interest for the purpose of Section 194LC of the Income-tax Act, 1961- regarding

   22 September 2012 at 11:31

CIRCULAR NO. 07/2012 F.No. 142/17/2012-SO(TPL) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) --------- Dated: September 21, 2012 Subject: Approval of loan agreements/ long term infrastructure bonds

Posted in Income Tax  2 comments |   8682 Views


Income-tax (11th Amendment) Rules, 2012- Insertion of Rules 31ACB, 37J, FORM Nos. 26A & 27BA

   18 September 2012 at 14:49

NOTIFICATION NO. 37/2012 [F.NO. 142/18/2012-SO(TPL)] DATED 12-9-2012 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to a

Posted in Income Tax  1 comments |   20418 Views