UPDATES:
1. CBDT mandates e-filing of reports prescribed under sections 10AA, 44DA, 50B and 115VW w.e.f April, 01, 2014.
2. Assessee cannot be denied credit for TDS on the ground of form 26AS mismatch because he is not at fault. Non-grant of TDS credit causes harassment, inconvenience and makes the assessee feel cheated. Department to pay interest plus costs of case to assessee.
3. IT department can share details of assets in wealth-tax returns of loan defaulters with PSU banks [CBDT letter (F.NO.328/10/2014-WT) of 28-05-2014].
4. CBDT notifies ITR-3, 4, 5, 6 & 7 for AY 2014-2015. Notification 28/2014 of 30-05-2014. All ITRs for AY 2014-2015 are now available but e-filing of 1, 2, and 4S only enabled.
