Income Tax

New Direct Tax Code

Income Tax

Firms can’t keep assets secret:Icai

Social security is deductible expense for expatriates

The Income Tax Ombudsman Guidelines 2010

IT using IT to net tax evaders

Tax Holiday Ends in HP, Uttarakhand

Purchase of Rights issues, preferential allotments by companies in tax net

Still waiting for your I-T refund? Try out an RTI

449 lakh I-T refunds pending: Govt

Processing of returns of A.Y. 2008-09 - Steps to clear the backlog

Cap gains tax exemption for LLPs to go up: FinMin

Govt widens scope of anti-abuse provisions in I-T act

HCs get back power to hear late I-T appeals

I-T Department alerts tax-payers against information sharing

Tax data gaps hit refunds

Tax breaks on short-term insurance policies may go

I-T dept to study returns filed by market players

Notice must if block I-T returns rejected: SC

CBDT to cross check-verify all high value refunds

Alimony cant be based on hubbys I-T returns: Guj HC

I-T sleuths work hard to secure their system

Quality tax audit scheme: a move to fine tune tax assessment

Adjustment of Advance Tax iro FBT for A.Y. 2010-11 against Advance Tax

I-T Department changing comp passwords

Disputes panel may cause a Rs 10,000-cr dent in revenue

Budget may empower I-T sleuths to reject tax-smart deals

SC stays ruling on tech firms deducting tax on payments to NRIs

TDS- Certificate of lower deduction or non-deduction of tax at source

Scheme for improving quality of assessments- Instruction No. 6/2009

Perks to burn bigger hole as pre-FBT norms return

INCOME-TAX (THIRTEENTH AMENDMENT) RULES, 2009 : Valuation of Perks

Central excise refund taxable: ITAT

Scope of rectifying IT assessments limited: SC

Manufacturing grows 200 per cent in tax evasion

Lower capital gains on off-market deals for foreigners too: ITAT

FBT shadow hangs over your salary slip

I-T dept. considering publishing the names of tax defaulters

Annual Tax Statement (Form 26AS) will also provide Refund details.

Refund Banker Scheme for taxpayers extended to 9 more cities

Gifts of property above value of Rs.50,000 become taxable from 1st Oct, 2009

TPAs may deduct tax from hospital bills

Pick-up & drop facility for employees not taxable: ITAT

Cost Inflation Index for F.Y. 2009-10 _ A.Y. 2010-11 notified

I-T dept unleashes new computer bloodhound

Dos and Don’ts for printing and submitting of ITR-V (Acknowledgment) to ITD-CPC Bangalore

Modifications in the e-TDS/TCS data structure and new File Validation Utility applicable from 01/10/2009

Extract From Explanatory  Memorandum  To Finance Bill (No.2) 2009

Highlights of Foreign Trade Policy 2009-14

I-T dept directs full use of new powers to reopen old cases.

I-T Dept to mail TDS details.

Time bound disposal of various categories of applications

Guidance on clause 17A in the Form No.3CD

Double taxation agreement with Tajikistan

Notified recognised stock exchange for speculative transactions-Notification

New TDS and TCS Payment and Information Reporting System -Circular

Revised procedure for certification of Remittance outside India by C.A.

Clarification regarding Form-16 for pensioners -Circular

Extension of benefit of enhanced depreciation-Press Release

New Clause 17A inserted in Form 3CD-CBDT Notification

CBDT has notified new Income Tax Forms for F.Y. 2008-09-Notification

CBDT Substitutes TDS,TCS Form nos 16,16A and 16AA-Notification

Revised Procedure for certification of Remittance outside india by Chartered Accountant.

Section 80G(2)(b)-Deductions-Donations to religious/charitable trust etc.,,

Income Tax (Sixth Amendment) Rules, 2009 - Insertion of rule 37BA and 37-I

Amended Rules related to Investment norms for Recognised P.F-Notification

926 branches of Banks to accept Advance Income Tax

Wealth Tax Second Amendment Rules, 2009-Rule 3A

Fees for Registered Values

CBDT Circular on TDS on Salaries u/s 192 for Financial Year 2008-09

Circular No.9 on Tax Deduction at Source on Salaries

Notification related to " Professional Services

Annexure Less Returns

Industrial Park Scheme 2008

I-T dept to 'clean up' mismatched TDS database

Axe comes down on tax evaders

No tax if arms length pricing followed, rules ITAT

A tax to help courts clear case backlog

SC stays HC order on taxation of cross-border deal

Difference of opinion no ground for penalty: Tax tribunal

A tax threat to Indian BPOs

Software bugs delay I-T refunds

Takeover code set for complete makeover

Finance bill (No.2), 2009 received the Assent from The Presi

Tax Audit Report may be Made Mandatory for E-Filing of Retur

E-Filing of Personal Income-Tax Getting Good Returns

New Return Forms for Assessment Year 2009-10 - matters conne

CBDT Notifies Conditions for Pre-Paid Meal Cards for the pur

Amendment to Rule 6DD relating to payment exceeding Rs 20,00

E Payment of Taxes

Agents of NRIs exempted from e-filing of returns...

Tax Deducted at Source