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Govt committed to tax reforms: Pranab

   29 April 2010 at 15:51

Govt committed to tax reforms: Pranab The govt on Wednesday reiterated its commitment to carry out reforms on direct and indirect taxes, saying a draft legislation on DTC is likely to betabled in Parliament in the monsoon session and talks with th

Posted in Income Tax  2 comments |   3543 Views


CBDT Clarification on Interception of Telephonic Conversations

   29 April 2010 at 11:57

CBDT Clarification on Interception of Telephonic Conversations A section of the media has reported communication between the Income Tax department and the Central Bureau of Investigation regarding records of telephonic conversations between a pers

Posted in Income Tax  1 comments |   4443 Views


New Income Tax Return Form SARAL II for Assessment Year 2010-11

   27 April 2010 at 11:24

CBDT notifies New Income Tax Return Form SARAL II (ITR 1) for Assessment Year 2010-11 for Individuals having in

Posted in Income Tax  11 comments |   35550 Views


HIGHLIGHTS OF e- FILING SEASON AY 09-10 ( up to 31/03/2010)

   09 April 2010 at 11:01

HIGHLIGHTS OF e- FILING SEASON AY 09-10 ( up to 31/03/2010) (1) COMPARATIVE PROGRESS OF e-FILING OF

Posted in Income Tax  3 comments |   9321 Views


Submission of Post-Budget Memorandum 2010 by Direct Taxes Committee

   31 March 2010 at 17:54

Submission of Post-Budget Memorandum 2010 by Direct Taxes Committee The Direct Taxes Committee of the Institute invite members/students/others to download the Post-Budget Memorandum 2010 submitted to the Ministry of Finance on 31st March, 2010.

Posted in Income Tax |   5163 Views


Announcement on other Issues Related to Direct Tax

   29 March 2010 at 16:09

As you are kindly aware that there are incessant changes and continuous developments in the area of Direct taxes. The Direct taxes Committee has prepared the post budget memorandum 2010 for submission to the Government.

Posted in Income Tax  1 comments |   6654 Views


Clarification regarding allowing losses on account of forex derivatives

   25 March 2010 at 14:12

Foreign Exchange derivative transactions entered into by the corporate sector in India have witnessed a substantial growth in recent years.

Posted in Income Tax  3 comments |   4290 Views


Corrigenda to TDS Rules - Amendment in IT (First Amendment) Rules, 2010

   24 March 2010 at 11:11

Corrigenda to TDS Rules - Amendment in IT (First Amendment) Rules, 2010 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)]

Posted in Income Tax  2 comments |   9705 Views


Income tax department releases common mistakes handout

   22 March 2010 at 12:21

Income tax department releases common mistakes handout. Click below to download

Posted in Income Tax  1 comments |   6519 Views


Discussion Forum on IPR issues to have wider consultation

   22 March 2010 at 12:09

A discussion Forum on IPR issues has been set up in the Department of Industrial Policy and promotion (DIPP)'s Website at www.dipp.nic.in with a view to have wider consulta

Posted in Income Tax |   2310 Views