Income Tax News

CBI registers a case against former Director General (Income Tax) and conducts raids

04 August 2007 at 22:50

CBI registers a case against former Director General (Income Tax) and conducts raids The Central Bureau of Investigation has registered a case against a former Director General (Investigation), Income Tax, Pune, an Income Tax Officer & othe

Posted in Income Tax | 3324 Views

CBI raids Income Tax Official: Locates assets worth several Lakh Rupees

04 August 2007 at 22:48

New Delhi, 14.06.2007 CBI raids Income Tax Official: Locates assets worth several Lakh Rupees CBI''s Anti-Corruption Branch of Delhi, after registering a case under Prevention of Corruption Act against an Income Tax Inspector, today conduc

Posted in Income Tax | 5703 Views

High Court Order on ITRs

04 August 2007 at 07:39

SCA/18793/2007 3/3 ORDERIN THE HIGH COURT OF GUJARAT AT AHMEDABADSPECIAL CIVIL APPLICATION No. 18793 of 2007====================================== ALL GUJARAT FEDERATION OF TAX COUNSULTANTS THRO' PRESIDENT & 4 - Petitioner(s)VersusUNION OF INDIA THRO

Posted in Income Tax | 3648 Views

IT Department Refuses to Accept ITR-V !

03 August 2007 at 06:41

03/08/2007 Cuddalore,The Income Tax Office at Cuddalore, Falling under the Commissionerate of Pondicherry refused to accept ITR-V.The ITO of TDS Ward Cuddalore, refused blatantly to accept ITR-V (Generated by the Department's Website). He insisted

Posted in Income Tax | 2601 Views

CAs ARE ALLOWED TO BE E-INTERMEDIARIES !!

01 August 2007 at 23:21

NOTIFICATION NO. 210/2007, DATED 27-7-2007 In exercise of the powers conferred by sub-section (1B) of sections 139 and 139D of the Income-tax Act, 1961 (43 of 1961) read with sub-rule (3) of rule 12 of the Income-tax Rules, 1962 and in supercession o

Posted in Income Tax | 5721 Views

Stay Of High Court

01 August 2007 at 04:26

Allahabad high court on Friday issue directions to Income Tax Department to accept the return on old salar forms 2-D in public interest case.For submitting reply on new forms two weeks time allowed.

Posted in Income Tax | 3810 Views

HC ADMITS WRIT ON NEW IT RETURN FORMS !

31 July 2007 at 23:33

Gujarat HC admits writ against new return form::ADMITTING the writ petition challenging the newly-introduced income-tax return forms as being arbitrary and unreasonable, the Gujarat High Court has issued notice to the Union of India. The bench compri

Posted in Income Tax | 5364 Views

People rush to file IT return on time

31 July 2007 at 11:59

With July coming to an end, taxpayers across the country have joined queues to beat the last date for filing returns. Thisyear the last date for filing income tax returns for the AssessmentYear 2007-08 for salaried and non-audit business cases is Jul

Posted in Income Tax | 3435 Views

TRP's Vs CA's!!!!!!

30 July 2007 at 06:22

The government's much-touted scheme to certify Tax Return Preparers (TRPs) to feed a growing demand from taxpayers and assesses has got off to a shaky start in its first year. More than 3,700 TRPs trained for free by the government are still finding

Posted in Income Tax | 10293 Views

Employer did not deduct TDS..what to do??

29 July 2007 at 07:39

Employer does not credit TDS to Govt - Can it be recovered again from employee by Income Tax? No, says Bombay HC MUMBAI, JULY 26, 2007 : BEWARE your employer may run away with your TDS or refuse to give you a TDS certificate! What happens then? Here

Posted in Income Tax | 8832 Views