Easy Office
LCI Learning

Income Tax News


Employees Provident Fund 9.5% notified under rule 6(b) of part A of IVth Schedule with effect from the 1st day of September, 2010

   15 May 2011 at 18:03

Employees Provident Fund 9.5% notified under rule 6(b) of part A of IVth Schedule with effect from the 1st day of September, 2010 - Supersession of Notification No. S.O. 2091(E), dated 26-8-2010 NOTIFICATION NO. 24/2011 [F.NO. 142/14/2010-SO (TP

Posted in Income Tax  4 comments |   8235 Views


Enhancement in amount for transactions in Movable properties

   13 May 2011 at 12:52

Enhancement in amount for transactions in Movable properties

Posted in Income Tax |   8277 Views


e-TDS/TCS RPU (version 2.4) for statements from FY 2005-06 onwards

   10 May 2011 at 16:57

e-TDS/TCS RPU (version 2.4) for statements from FY 2005-06 onwards A. Procedure for preparation of return Deductors' Manual for quarterly returns Dos and Don’ts for Deductors/Collectors B. Forms Form 24Q Form 26Q Form 27Q Fo

Posted in Income Tax |   22182 Views


27th Annual Conference of Chief Commissioners and Directors General of Income Tax, 2011

   10 May 2011 at 11:31

27th Annual Conference of Chief Commissioners & Directors General of Income Tax, 2011 from 24th to 25th May 2011 at New Delhi

Posted in Income Tax |   4164 Views


Drive to clean up TDS database by May 20 2011

   10 May 2011 at 10:00

From the desk of Chairman,CBDT S.N. 43/May 8,2011 Drive to clean up TDS database by May 20 2011 – Cooperation between CITs (TDS) &Corporate charges’ CITs To immediately redress the grievances of tax payers who have claimed refu

Posted in Income Tax |   7116 Views


I-T finds tax evasion in 2G; status report in SC today

   05 May 2011 at 12:46

I-T finds tax evasion in 2G; status report in SC today The Income Tax department has found instances of alleged tax evasion and "multiple routing" of undeclared wealth in the 2G spectrum allocation scam and will file its first status r

Posted in Income Tax |   4860 Views


e-Filing for AY 2011-12 has been started (ITR-1(SAHAJ) and ITR-2 are now enabled)

   04 May 2011 at 11:58

e-Filing for AY 2011-12 has been started (ITR-1(SAHAJ) and ITR-2 are now enabled)

Posted in Income Tax  2 comments |   7950 Views


New Validation regarding TDS transactions not exceeding / exceeding threshold limit in quarterly e-TDS/TCS statement pertaining to FY 2010-11

   30 April 2011 at 13:26

New Validation regarding TDS transactions not exceeding / exceeding threshold limit in quarterly e-TDS/TCS statement pertaining to FY 2010-11 and onwards A. Procedure for preparation of return Deductors' Manual for Quarterly Correction Ret

Posted in Income Tax  1 comments |   18858 Views


Procedure for regulating refund of excess amount of TDS deducted and/or paid

   28 April 2011 at 17:03

Procedure for regulating refund of excess amount of TDS deducted and/or paid CIRCULAR NO. 2/2011 [F.NO. 385/25/2010-IT(B)] DATED 27-4-2011 The procedure for regulating refund of amount paid by the deductor in excess of the tax deducted at so

Posted in Income Tax  4 comments |   15660 Views


Registration of TAN made more user friendly- Consolidated TDS/TCS file requested online is also available for download

   21 April 2011 at 11:24

Registration of TAN made more user friendly. Consolidated TDS/TCS file requested online is also available for download The deductors/collectors can register their TANs online. Authenticated access (through user ID and password) is provided to re

Posted in Income Tax |   6219 Views