FM Calls for Double Digit Contribution of Direct Taxes to GDP Revised Citizens’ Charter Released I-T Department Celebrates 150 Years of Income Tax in India The Finance Minister Shri Pranab Mukherjee has asked the income tax department to mak
IT department, biggest litigant in Govt: FM Calling it the biggest litigant in the entire Government, Finance Minister Pranab Mukherjee on Saturday asked the Income Tax Department to reexamine the way it handles tax disputes. Speaking at the 150t
Processing of returns of Assessment Year 2009-10 - Steps to clear backlog Instruction No. 5/2010 [F.No.225/25/2010-ITA-II] Dated 21-7-2010 The issue of processing of returns for Asst. year 2009-10 and giving credit for TDS has been considere
Preparation of correction TDS/TCS statement made easy. Register your TAN online and get your consolidated TDS/TCS statement Deductors / collectors are required to furnish a quarterly TDS / TCS statement as per guidelines of the Income Tax Departme
CBDT on changes in Rules relating to e-filing of I-T returnsNo.402/92/2006-MC (35 of 2010)Government of India / Ministry of FinanceDepartment of RevenueCentral Board of Direct Taxes***New Delhi the 12th July 2010PRESS RELEASEThe Central Board of Dir
Mandatory for all Companies to File I-T Returns Electronically with Digital SignatureThe Central Board of Direct Taxes (CBDT) has amended the Rules relating to electronic filing of income tax returns vide Notification No.49/2010 dated 9th July 2010.
Income-tax (Seventh Amendment) Rules, 2010 – Amendment in rule 12 Notification No. 49/2010[F.No.142/15/2010-TPL] Dated 9-7-2010 In exercise of the powers conferred by section 295 read with section 139 of Income-tax Act, 1961 (43 of 196
24th July to be celebrated as Income Tax Day Income Tax department has decided to celebrate 24th July, as the annual Income Tax Day from this year, to mark 150 years of existence of this levy. "Since income tax was first levied as a duty in
Investment in Bonds of IFCI, IDFC, LIC and NBFCs (Classified as Infra Finance Company) Eligible for Tax Exemption under Section 80CCF The Central Government have specified bonds to be issued by (i) Industrial Finance Corporation of India; (ii) Lif
View Tax Credit (Form 26AS) from bank site through net banking facility Online view of Tax Credit Statement (Form 26AS) of taxpayer is also available to net banking account holders of registered banks for the benefits of the ta
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