Income Tax News

Inauguration of Centralized Processing Cell (TDS) by Honorable Finance Minister Shri P. Chidambaram

27 February 2013 at 11:30

Honorable Union Finance Minister Shri P. Chidambaram dedicated the Centralized Processing Cell (TDS) at Aayakar Bhawan, Vaishali on 23rd February, 2013. The function was attended by Secretary (Revenue) Shri Sumit Bose, Secretary (Economic Affairs)

Posted in Income Tax | 8142 Views

FM to Dedicate Centralized Processing Cell for Tax Deducted at Source, CPC (TDS) Today

23 February 2013 at 13:43

The Union Finance Minister Shri P. Chidambaram, will dedicate the Centralized Processing Cell for Tax Deducted at Source, CPC (TDS) to the nation today. The CPC (TDS) will be situated at Aayakar Bhawan, Sector-3, Vaishali, Ghaziaba

Posted in Income Tax | 1 comments | 7746 Views

Income-Tax (Second Amendment) Rules, 2013- Amendment in Rules 31A & 31AA; Substitution of Rules 31ACB, 37J

21 February 2013 at 11:23

Income-Tax (Second Amendment) Rules, 2013 - Amendment in Rules 31A & 31AA; Substitution of Rules 31ACB, 37J and form nos.15G, 15H, 16, 16A, 24Q, 26Q, 27C, 27D, 27Q & 27EQ and insertion of form no. 26B NOTIFICATION NO. 11/2013[F.NO.142/31

Posted in Income Tax | 1 comments | 26592 Views

Net Direct Tax Collections Figures for April-January 2012-13 up by 12.49 Percent at Rs. 3,90,310 Crore as Against Rs. 3,46,959 Crore in the Same Period Last Year

07 February 2013 at 09:54

Gross Direct Tax collection during April-January of the current fiscal (F.Y. 2012-13) was up by 7.02 percent at Rs. 4,55,125 crore as against Rs. 4,25,274 crore in the same period last fiscal. While gross collection of Corporate Taxes was up 3.71

Posted in Income Tax | 1 comments | 9489 Views

Income-Tax (First Amendment) Rules, 2013 - Insertion of Rule 17CA and Form no. 10BC

05 February 2013 at 10:45

NOTIFICATION NO. 8/2013 [F. NO. 142/20/2012-TPL] DATED 31-1-2013 In exercise of the powers conferred by clause (b) of section 13B, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the followin

Posted in Income Tax | 2 comments | 17952 Views

CBDT notifies Electoral Trusts Scheme, 2013

05 February 2013 at 10:37

ELECTORAL TRUSTS SCHEME, 2013 NOTIFICATION NO. 9/2013 [F. NO. 142/20/2012-TPL], DATED 31-1-2013 In exercise of the powers conferred by clause (22AAA) of section 2 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the

Posted in Income Tax | 8520 Views

Clarification on Direct Tax Benefits on issues relating to export of Computer Software

28 January 2013 at 14:02

F. No. 178/84/2012-ITA.I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 17th January 2013 Circular No. 01/2013 Subject: Issues relating to export of computer software-Direct tax bene

Posted in Income Tax | 12351 Views

Issues relating to export of computer software-Direct tax benefits Clarification reg

18 January 2013 at 11:04

Posted in Income Tax | 5928 Views

CBDT introduces Centralised Processing of Statements of Tax Deducted at Source Scheme, 2013

18 January 2013 at 11:02

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii) of dated the 15th JANUARY, 2013] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, th

Posted in Income Tax | 1 comments | 7200 Views

GAAR implementation deferred by two years to April 1, 2016

15 January 2013 at 11:31

The Central Government has carefully considered the report of the Expert Committee on General Anti Avoidance Rules (GAAR) and accepted the major recommendations of the Expert Committee with some modifications. Thi

Posted in Income Tax | 6117 Views