Income Tax News

Parameters for processing of E-TDS Returns - issuance of instruction - regarding

14 December 2010 at 12:08

Parameters for processing of E-TDS Returns – issuance of instruction – regarding INSTRUCTION NO. 8/2010 [F.NO. 275/73/2009-IT(B)] DATED 8-12-2010 In the present system of processing of e-TDS returns, the returns are processed onl

Posted in Income Tax | 7011 Views

CPC Bangalore commences issue of refunds for AY 2010-11 returns

13 December 2010 at 12:08

CPC commences issue of refunds for AY 2010-11 returns. Centralized Processing Center (CPC), Bangalore has begun processing of returns for AY 2010-11. Till 10/12/2010 it has processed over 15 lakh e-filed returns of AY 2010-11 in ITRs 1, 2, 3, 4 an

Posted in Income Tax | 6 comments | 9780 Views

CPC Bangalore - New facility for online submission

07 December 2010 at 11:53

Department introduces new facility for online submission of rectification request in cases where processing was completed by CPC Bangalore. Please review the guide for common errors to first rectify the return submitted and generate the rectificat

Posted in Income Tax | 5 comments | 22332 Views

IT Department is releasing 3 new services on the e-filing website

29 November 2010 at 12:03

Income Tax Department is releasing 3 new services on the e-filing website Income Tax Department is releasing 3 new services on the e-filing website. These are available from the 'Services' menu on the Menu Bar on top. The services are av

Posted in Income Tax | 4 comments | 22353 Views

I-T dept introduces new number for taxpayers for tax filing

29 November 2010 at 11:35

I-T dept introduces new number for taxpayers for tax filing Taxpayers will now have to procure a 'new number' for filing returns and making any communication with the Income Tax department. The unique Document identification number (D

Posted in Income Tax | 15 comments | 16494 Views

Income-tax (Eighth Amendment) Rules, 2010 - Amendment in Rule 2BB

25 November 2010 at 11:24

Income-tax (Eighth Amendment) Rules, 2010 - Amendment in Rule 2BB NOTIFICATION NO. 85/2010 [F. NO. 149/45/2010-SO (TPL)] DATED 22-11-2010 In exercise of the powers conferred by section 295 read with clause (14) of section 10 of the Income-

Posted in Income Tax | 4 comments | 26268 Views

Tax Return Preparer (First Amendment) Scheme, 2010 - Amendment in paragraphs 2 and 11

25 November 2010 at 11:21

Tax Return Preparer (First Amendment) Scheme, 2010 - Amendment in paragraphs 2 and 11 NOTIFICATION NO. 84/2010 [F. NO. 142/16/2010-SO (TPL)] DATED 22-11-2010 In exercise of the powers conferred by sub-section (1) of section 139B of the Income-

Posted in Income Tax | 1 comments | 10584 Views

Facility for bulk upload of Form 15CA

11 November 2010 at 11:10

Facility for bulk upload of Form 15CA As per the Income-Tax (Seventh Amendment) Rules, 2009 (insertion of Rule 37BB vide Notification No. 30/2009 [F. No. 14/19/2007-TPL]/S.O. 857 (E), Dated 25-03-2009) Form 15CA is to be submitted electronicall

Posted in Income Tax | 1 comments | 16224 Views

NSDL RPU for preparing quarterly e-TDS/TCS statements (regular and correction) upto FY 2009-10 released

09 November 2010 at 23:08

NSDL RPU for preparing quarterly e-TDS/TCS statements (regular and correction) upto FY 2009-10 released A. Procedure for preparation of return Deductors' Manual for quarterly returns Dos and Don’ts for Deductors/Collectors B. Forms F

Posted in Income Tax | 14760 Views

CBDT Clarification on approvals u/s 10(23C) and 80G(5)

09 November 2010 at 23:05

CBDT Clarification on approvals u/s 10(23C) and 80G(5) No.402/92/2006-MC (47 of 2010) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated the 3rd October 2010 The Central Board

Posted in Income Tax | 3 comments | 17538 Views