Income Tax News


Burden on burden - new tax return forms

   23 July 2007 at 09:04

A.P. TAX BAR ASSOCIATION - HIGHLY CRITICAL OF NEW INCOME TAX RETURN FORMS.Several years back the Income Tax Return forms were bulky and required the services of An expert for filling it. But with the onset of liberalisation the I.T.Return forms got

Posted in Income Tax |   4353 Views


Did not spare Patent n Trademark Applications for E-filing!!

   23 July 2007 at 03:18

The government has launched a facility for e-filing of patent and trademark applications to expedite the process of securing exclusive rights over a product or trading symbol."With the launch of e-filing facilities, applicants can file their patent a

Posted in Income Tax |   2445 Views


Closing price on vesting day may fix FBT on Esops

   20 July 2007 at 03:44

The finance ministry may settle for the closing price of shares of alisted company on the stock market on the day the scrips are vestedwith employees to decide valuations for the fringe-benefit tax (FBT).The ministry will soon issue guidelines on how

Posted in Income Tax |   2520 Views


I-T Dept gearing up to check tax evasion

   19 July 2007 at 07:51

The Income Tax Department is gearing up to prepare a 360-degree taxprofiling of individual tax payers in the country to keep a tab on taxevasion and money laundering. "FinanceMinister has given a go-ahead for integrated 360-degree mapping ofindividua

Posted in Income Tax |   3087 Views


No extension of IT return date

   19 July 2007 at 07:48

Finance Minister P Chidamabram on Tuesday ruled out extending the datefor submitting income tax returns and asked tax payers to file theirreturns by July 31. "No chance. I suggest you file (I-T returns) today. Don't waituntil the last day. Please fil

Posted in Income Tax |   3786 Views


Biometric PAN cards to arrive shortly

   17 July 2007 at 11:59

Biometric PAN cards to arrive shortly Press Trust of India / New Delhi July 17, 2007 All the new income tax payers in the country will soon begin to get biometric permanent account number (PAN) cards with enhanced security features like fingerpri

Posted in Income Tax |   3270 Views


I-T Dept not accepting returns below taxable limits

   17 July 2007 at 11:54

I-T Dept not accepting returns below taxable limits Strange are the ways of Income Tax Department, Delhi. The Finance Minister wishes to have more and more Income Tax Returns being filed. But Delhi Offices of I-T Dept do not accept income tax retu

Posted in Income Tax |   6630 Views


ITR-4 in Excel Format by Income Tax Department

   17 July 2007 at 05:37

Download the ITR 4 in excel format by income tax department . Click on the link below to download nowhttp://www.caclubindia.com/files_display.asp?files_id=819

Posted in Income Tax  4 comments |   62700 Views


Certificate Course in International Taxation by ICAI

   15 July 2007 at 03:41

Certificate Course in International Taxation Organised byFiscal Laws CommitteeHosted byWIRC of the ICAI Theme The course is intending to cover various topics like Overview of Tax Treaties, Vienna Convention, Legislative Jurisdiction and Internationa

Posted in Income Tax |   15042 Views


ITR 3 sofware by income tax department launched

   15 July 2007 at 03:23

Do download the ITR 3 software click on the link belowhttp://www.caclubindia.com/files_display.asp?files_id=814          

Posted in Income Tax |   5037 Views