Income Tax exemption limit should be raised to Rs 5 Lakh: Arun Jaitley Arun Jaitley, one of BJP’s prominent leaders says that raising income tax slab to Rs 5 lakh will benefit more than thirty million people in the country. He also added that direct … [Read more...]
DA Arrears Calculator 1.7.2024 for 3 Months
Government deductors get relief from fee u/s 234E for late submission of TDS statement
Government deductors get relief from fee u/s 234E for late submission of TDS statement Due-Date of Filing of TDS/TCS Statements for FY 2012-13 (2nd to 4th Quarter) and FY 2013-14 (1st to 3rd Quarter) Extended upto 31.03.2014 in the Case of Government … [Read more...]
Transfer of Non-Gazetted Staff from one charge to another under Central Board of Direct Taxes – Relaxation of conditions
Transfer of Non-Gazetted Staff from one charge to another under Central Board of Direct Taxes - Relaxation of conditions GOVERNMENT OF INDIA MINISTRY OF FINANCE CENTRAL BOARD OF DIRECT TAXES DIRECTORATE OF INCOME TAX (HUMAN RESOURCE … [Read more...]
Extension of Returns E-Filed with Refund Claims
Extension of Returns E-Filed with Refund Claims CBDT Extends Time-Limit for Filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12 Till 31.03.2014 for Returns E-Filed with Refund Claims The Central Board of Direct Taxes (CBDT) has … [Read more...]
Direct Taxes Code for public discussion
Direct Taxes Code for public discussion The Direct Taxes code (DTC) is ready and it will be placed on the website for a public discussion Direct Taxes Code (DTC) to be put on the website of the ministry for public discussion While presenting the … [Read more...]
No income Tax on Salaried Class – BJP
No income Tax on Salaried Class - BJP 'BJP vision panel may propose no income tax on salaried class' Senior BJP leader Subramanian Swamy today said his party's vision committee might propose either "no income tax" on the service class or give full … [Read more...]
Clarification regarding scope of additional income-tax on distributed Income under section 115R of the Income-tax Act -regarding.
Clarification regarding scope of additional income-tax on distributed Income under section 115R of the Income-tax Act -regarding. Circular No. 6 /2014 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North … [Read more...]
Non-Filing of ITR-V in returns with refund claims-relaxation of time-limit for filing ITR-V and processing of such returns -regarding.
Circular No. 04/2014 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 10th of February, 2014 Subject: - Non-Filing of ITR-V in returns with refund claims-relaxation of … [Read more...]
Government’s Clarification on the Reports that Finance Ministry Pays interest on Excess Tax Refund
Government’s Clarification on the Reports that Finance Ministry Pays intterest on Excess Tax Refund This is with reference to the news report appearing in certain section of media that the Finance Ministry pays Rs.37, 365 cr. in interest on excess … [Read more...]
CBDT Press Release Dated 30.01.2014 on Procedure for PAN Allotment
CBDT Press Release dated 30.01.2014 on procedure for PAN allotment. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated 30th January, 2013 Press Release The CBDT has decided to keep in abeyance the … [Read more...]