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Month: May 2013

Assets details mandatory in Income Tax Return A.Y. 13-14

The major change in ITR forms for Financial year 2012-13 is that now you have to provide your all personal assets details (other than involved…

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Income Tax Return – Due Date A.Y. 2013-14

As per the provisions of section 139 of the Income Tax Act, 1961 the due dates for filing of returns of income for different category…

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Who can use SAHAJ (ITR-1) and who cannot use SAHAJ? A.Y. 13-14

 Scope of ITR-1 (Sahaj) form has been reduced in AY 2013-14 significantly. In comparison to last year,two main points has been added under restriction ,first persons is…

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Mandatory e-filing of Income Tax Return if income exceeds Rs. 5,00,000

 e-filing of return is mandatory if income exceeds Rs. 5,00,000 or assessee claims relief U/s. 90, 90A or 91 CBDT has vide notification No. 34/2013…

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No requirement to obtain TAN by transferee of immovable properties

No requirement to obtain TAN by transferee deducting tax under section 194-IA Section 194-IA was proposed to be inserted by the Finance Bill, 2013 to…

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Form 24G -Procedure to obtain duplicate copy of Provisional Receipt Number

Services / Form 24G / Procedure to obtain duplicate copy of Provisional Receipt Number: In case if Account Office needs duplicate copy of Provisional Receipt…

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