The Pr. Chief Commissioners of Income Tax, New Delhi will be organizing special return counters for salaried tax payers (including pensioners) between 24 to 31 August, 2015 at Pratyaksha Kar Bhawan, Civic Centre, Minto Road, New Delhi. The camp will be inaugurated by Chairperson of the Central Board of Direct Taxes, Smt. Anita Kapur on…
Income-Tax Act 1961 Amended Through Finance Act 2015 to Provide Certain Tax Benefits to Notified Backward Areas in Specified States Including State of Bihar to Give these Areas an Opportunity to Grow Faster;21 Districts of Bihar Notified as Backward Areas; Any Manufacturing Undertaking or Enterprise Set-Up During the Period From 01.04.2015 to 31.03.2020 in the…
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] INCOME-TAX Notification New Delhi, the 17th August, 2015 S.O. 2240(E).- In exercise of the powers conferred by Explanation 2 to clause (1) of section 6 read…
No. 580/9817015-FT&TR- V Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax & Tax Research Division Dated: 14th August, 2015 To, All Principal Chief Commissioner of Income Tax. Madam/Sir, Sub: Representation before Authority of Advance Rulings – reg. Sir, I am directed to refer to the above-mentioned subject…
As a part of a major initiative to usher in certainty in taxation, the Central Board of Direct Taxes (CBDT) entered into two unilateral Advance Pricing Agreements (APAs) on 3 August, 2015 with two Multi-National Companies (MNCs) which includes the first APA with a “Rollback” provision. With this, the CBDT has so far signed 14…
With a view of minimize the cost of compliance of the taxpayers, the Central Board of Direct Taxes (CBDT) has taken several measures to make tax payment and statutory filings simple and convenient for the taxpayer, including- · Online application for allotment of Permanent Account Number (PAN) and Tax-Deduction Account Number (TAN) · Single page…
As a part of a major initiative to usher in certainty in taxation, the Central Board of Direct Taxes (CBDT) entered into two unilateral Advance Pricing Agreements (APAs) on 3 August, 2015 with two Multi-National Companies (MNCs) which includes the first APA with a “Rollback” provision. With this, the CBDT has so far signed 14…
Sr. No Particulars of change compared to tax year 2013-14 Made applicable to ITR forms 1 Aadhaar number and passport number to be furnished, if available Availability of Aadhaar number will facilitate a taxpayer to authenticate the ITR with Electronic Verification Code as an additional option ITR 3,4 2 Furnishing details of all bank…
7 August 2015 – Due date for deposit of Tax deducted/collected for the month of July, 2015 15 August 2015 – Quarterly TDS certificate (in respect of tax deducted for payments other than salary) by a person being an office of the Government for the quarter ending June 30, 2015 22 August 2015 –…
CBDT today has released the ITR-3, ITR-4, ITR-5, ITR-6 & ITR-7 for AY 2016-17. These forms are available on www.incometaxindia.gov.in website. Earlier, CBDT had issued ITR forms in the month of Apr-15 which were withdrawn after the controversy on the information asked in the ITR forms. Subsequently CBDT released the revised ITR forms, namely, ITR-1,…