CAclubindia News

Income-tax (Fourth Amendment Rules, 2012 - Depreciation restricted to 15% on wind mills installed after 31-3-2012

02 April 2012 at 10:37

Notification No. 15/2012 [F.No.149/21/2010-SO(TPL)] S.O.694(E) Dated 30-3-2012 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rule

Posted in Income Tax | 2 comments | 12435 Views

e-Filing in F.Y 2011-12: Quick Statistics (as on 31st March 2012)

01 April 2012 at 21:10

QUICK HIGHLIGHTS OF E-FILING IN F.Y. 2011-12 (UPTO 31/03/2012) COMPARATIVE GROWTH OF E-FILING IN CURRENT YEAR

Posted in Income Tax | 1 comments | 13428 Views

Limits on Holding Company Expansion

01 April 2012 at 21:10

A Working Group (WG) was constituted by Reserve Bank of India (RBI) on introduction of Financial Holding Company (FHCs) structure in India in June 2010. WG has submitted its report in May 2011. The WG has proposed to put in place some limit on the

Posted in Community & General | 4842 Views

Computerization of Commercial Tax Departments

01 April 2012 at 21:11

A mission Mode Project for computerization of Commercial Taxes Departments of States and UTs (MMPCT) was initiated under the National e-Governance Plan. Accordingly, the Cabinet, in February, 2010 approved this project for an overall value of Rs.

Posted in Community & General | 5136 Views

Frequent Change of Cash Reserve Ratio -CRR

01 April 2012 at 21:11

Since 26.4.2010, the Cash Reserve Ratio (CRR) has been changed twice by the Reserve Bank of India (RBI) as per details given below. Date Change in CRR 28.01.2012 Reduced from 6

Posted in Community & General | 6600 Views

Income-tax (3rd Amendment) Rules, 2012

30 March 2012 at 17:12

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 28th day of March, 2012 Income-tax S.O. 626 (E).- In exercise of the powers conferred by section 295 of the Income-tax Ac

Posted in Income Tax | 1 comments | 25575 Views

CBDT office to remain open on 31st March

30 March 2012 at 17:07

CBDT office to remain open on 31st March

Posted in Income Tax | 4239 Views

New Income Tax Return Forms for Assessment Year 2012-13

30 March 2012 at 17:06

NEW RETURN FORMS FOR ASSESSMENT YEAR 2012-13 Notification English Notification Hindi Form No. ITR-1 SAHAJ

Posted in Income Tax | 5 comments | 202134 Views

Submission of ITR-V for A.Y. 2011-12 has been extended upto 31.03.2012

30 March 2012 at 10:17

The due date for submission of ITR-V for A.Y. 2011-12 has been extended upto 31.03.2012 or 120 days from the date of upload whichever is later (with no further extension likely).

Posted in Income Tax | 7386 Views