Easy Office
LCI Learning

Income Tax News


Check your tax credits in 26AS statement before filing IT return for faster processing and quick refunds

   29 July 2011 at 11:01

Income Tax Department facilitates a PAN holder to view its Tax Credit Statement (Form 26AS) online. Form 26AS contains • Details of tax deducted on behalf of the taxpayer by deductors • Details of tax collected on behalf of the taxpay

Posted in Income Tax  2 comments |   13626 Views


Chairman CBDT inaugurates special camp at Pragati Maidan, Hall No 12 and 12A

   29 July 2011 at 11:00

In furtherance of Income Tax Department’s commitment towards providing better tax payer services, the Income Tax Department, New Delhi has organized a special camp to facilitate filing of returns of salaried and pensioner assessees at Hall n

Posted in Income Tax |   4533 Views


Income Tax has released Form 16A E-Tutorial

   29 July 2011 at 10:13

The Income Tax Department has released Form 16A E-Tutorial and Form 16A PPT. For Form 16A E-Tutorial and Form 16A PPT Check the attached file

Posted in Income Tax |   9105 Views


India Signs an Agreement and Protocol for Avoidance of Double Taxation and Prevention of Fiscal Evasion (DTAA) with Lithunia

   27 July 2011 at 10:08

The Government of India today signed an Agreement and Protocol for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital (DTAA) with Government of Lithuania. The Agreement and the Protocol

Posted in Income Tax |   2973 Views


Exemption from requirement of furnishing return of income for A.Y. 2011-12 where income does not exceed Rs. 5 lakhs - Assessee has option to avail said exemption

   26 July 2011 at 17:26

ORDER [F.NO. 142/09/2011-SO(TPL)] DATED 25-7-2011 The Central Board of Direct Taxes had exempted a certain class of persons from the requirement of furnishing a Return of income under sub-section (1) of section 139 of the Income-tax Act, 1961 fo

Posted in Income Tax |   9069 Views


A Handbook on 'The Process of E-filing of Income Tax Returns'

   26 July 2011 at 12:26

A Handbook on "The Process of E-filing of Income Tax Returns"

Posted in Income Tax  2 comments |   6588 Views


Speech of Hon'ble President and FM On the occasion of closing ceremony-completing 150 years of Income Tax Department in India

   16 July 2011 at 12:53

SPEECH OF THE HON'BLE PRESIDENT OF INDIA, SMT. PRATIBHA DEVISINGH PATIL ON THE OCCASION OF THE CONCLUDING CEREMONY OF THE YEARLONG CELEBRATIONS COMMEMORATING 150 YEARS OF INCOME TAX IN INDIA Vigyan Bhawan, New Delhi, 15th July 2011 Ladies an

Posted in Income Tax  1 comments |   6180 Views


Direct Tax Collections Account for More than 56 Percent of the Total Revenue Collections

   16 July 2011 at 10:14

Direct Tax Coleections Account for More than 56 Percent of the Total Revenue Collections ; Direct Tax Collections Rs 4,46,000 Crore in 2010-11; Governments Thrust on Upgrading and Induction of New Technology in the Services Rendered by i

Posted in Income Tax  1 comments |   9936 Views


Digital Signature Certificate made mandatory w.e.f 1st July 2011 for Firms and Individuals

   13 July 2011 at 10:25

Digital Signature Certificate made mandatory w.e.f 1st July 2011 for Firms and Individuals whose accounts are required to be audited u/s 44 AB of the Income Tax Act' 1961. Click here to download notification no. S.O. 1497(E) dated 1st July 201

Posted in Income Tax  1 comments |   19263 Views


Check your tax credits in 26AS statement before filing IT return for faster processing and quick refunds

   08 July 2011 at 17:02

Income Tax Department facilitates a PAN holder to view its Tax Credit Statement (Form 26AS) online. Form 26AS contains Details of tax deducted on behalf of the taxpayer by deductors Details of tax collected on

Posted in Income Tax  3 comments |   74919 Views