CBDT Press Release on changes in Rules relating to e-filing of I-T returns No.402/92/2006-MC (35 of 2010) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi the 12th July 2010 PRESS RELEASE ..
24th July to be celebrated as Income Tax Day Income Tax department has decided to celebrate 24th July, as the annual Income Tax Day from this year, to mark 150 years of existence of this levy. "Since income tax was first levied as a duty in ..
NET direct tax collections during first quarter of the present fiscal (up to June 2010) stood at Rs.68,675 crore, up from Rs.59,465 crore in the same period last fiscal, registering a growth of 15.49 percent. Growth in Corporate Taxes was 21.65 perc ..
SHARE application money is generally taken with a pinch of salt by our texmen. The Revenue often tends to believe that this is one of the sure shot routes to channelise own fund into the company or to convert black into white money. Anyway, the issu ..
Makes Service Tax (Removal of Difficulty) Order, 2010 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) New Delhi, the 22nd June, 2010 ..
New features launched by income tax dept for efiling 1. The Department has modified the return preparation software to include automatic calculation of tax and interest and this is available for download free of cost. 2. New facility added in &quo ..
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Under the Industrial Park Scheme 2008, the undertaking notified under rule 18C of the Income Tax Rules, 1962, which begins to develop, develop and operate or maintain and operate an industrial park anytime during the period beginning the 1st day of A ..
The Union Finance Minister, Shri Pranab Mukherjee, will dedicate the Centralized Processing Center of the Income Tax department at Bengaluru to the nation on 29th May 2010.The Income Tax department has set up the Centralized Processing Center (CPC) a ..
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