Income Tax News
ICAI seeks inputs on Tax Administrative issues
30 January 2014 at 11:31ICAI seeks inputs on Tax Administrative issues
Circular to update the vacancy for the post of Ombudsman
29 January 2014 at 15:10Circular to update the vacancy for the post of Ombudsman For circular please find the attachment
CBDT releases Explanatory Notes to the Provisions of the Finance Act, 2013
28 January 2014 at 19:15CIRCULAR NO.03/2014F. No. 142/24/2013-TPLGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)*******Dated, the 24th January, 2014 EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2013
Withdrawal of Tax-Exemption in Case of Four Cricket Associations
10 January 2014 at 12:08The Income Tax authorities have looked into the affairs of the four cricket associations, namely Saurastra Cricket Association, Baroda Cricket Association, Kerala Cricket Association and Maharastra Cricket Association and have found that these cricke
Gross Direct tax collection up by 12.33%
07 January 2014 at 10:52Gross direct tax collections during april-december of the current financial year 2013-14 is up by 12.33 percent and stood at rs. 4,81,914 crore as against rs. 4,29,023 crore in the same period last year Gross direct tax collections during April-Decem
CBDT revises list of docs to be enclosed with PAN request
27 December 2013 at 12:37GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF DIRECT TAXESNotificationNew Delhi, the 23rd day of December, 2013 S.O. 3794 (E)- In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961),
Achievements and Initiatives Taken by the CBDT Helping in Facilitating the Tax Payers, Improving the Efficiency and Equity of the Tax System and Promoting Voluntary Compliance
23 December 2013 at 11:32Following are the major highlights/achievements made by the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance over a period of time especially during the last one year : The Department of Revenue, Ministry of Finance,
Net Direct Tax Collections During the Current Fiscal upto 20th december 2013 sTood at rs. 4,12,918 crore as Against rs. 3,63,338 crore in the Same Period Last Year
23 December 2013 at 11:29Net Direct Tax Collections During the Current Fiscal upto 20th december 2013 sTood at rs. 4,12,918 crore as Against rs. 3,63,338 crore in the Same Period Last Year; Showing a Growth of 13.7%; Advance Tax Collections upto December Quarter has been rs
Ministry of Finance regarding announcement of Tax Administration Reform Commission (TRAC)
23 December 2013 at 11:28Ministry of Finance regarding announcement of Tax Administration Reform Commission (TRAC)
Deferred Tax Liability on Special Reserve created under Section 36(1) (viii) of the Income Tax Act, 1961
23 December 2013 at 11:26RBI/2013-14/412DBOD. No.BP.BC.77/21.04.018/2013-14 December 20, 2013 The Chairmen and Managing Directors / Chief Executive Officers ofall Commercial Banks (excluding Regional Rural Banks) Dear Sir, Deferred Tax Liability on Special Reserve created un
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