Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 8th October, 2018 PRESS RELEASE CBDT further extends date…
View More CBDT further extends date for filing Income Tax Returns and Audit ReportsCategory: Income Tax Circular
Where would deduction u/s 80CCD(1B) appear in Form 16 Part B ?
With effect from FY:2015-16, for investment in NPS, taxpayers can avail additional exemption of up to Rs. 50,000 as per Section 80CCD(1B) while computing the…
View More Where would deduction u/s 80CCD(1B) appear in Form 16 Part B ?FVU 5.5 & FVU 2.151 released by NSDL
The Income Tax Department has released today (16th June, 2017), the following new File Validation Utilities: FVU version 5.5 – For statement pertaining to FY…
View More FVU 5.5 & FVU 2.151 released by NSDLRevision of due date to issue Form 16
Form 16A for non salary deduction is to be issued within 15 days of filing the quarterly returns. However as per the Income Tax department…
View More Revision of due date to issue Form 16Relaxation for Furnishing of UID in case of Form 15G/15H for certain quarters
Circular No.18/2016 F.No 142/32/2015-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 23rd May, 2016 Sub:…
View More Relaxation for Furnishing of UID in case of Form 15G/15H for certain quartersPayment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act, 1961
The Income Tax (I-T) department will now add interest amount to a delayed refund made on excess tax deducted at source (TDS) cuts and will…
View More Payment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act, 1961CBDT issues Circular for Early & Satisfactory Resolution of Taxpayers’ Grievances
CBDT has issued a circular for early & satisfactory resolution of taxpayers’ grievances relating to verification & correction of tax demand outstanding against them. The…
View More CBDT issues Circular for Early & Satisfactory Resolution of Taxpayers’ GrievancesCBDT circular on calculation of TDS on salary for FY 2014-15
CBDT has released Circular no. 17/2014 which contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the…
View More CBDT circular on calculation of TDS on salary for FY 2014-15Extension of due date for filing of Income tax return from 30th Sept, 2014 to 30th Nov, 2014
Due Date for filing of return of Income for Assessment Year 2014-15 extended from 30th September, 2014 to 30th November, 2014 in Specified Cases F.No.153/53/2014-TPL…
View More Extension of due date for filing of Income tax return from 30th Sept, 2014 to 30th Nov, 2014Income tax offices will remain open on 26th & 27th July 2014 for accepting the returns of Income
For the convenience of the taxpayers, the Income Tax Department has decided to keep the offices open for accepting the returns of income during normal…
View More Income tax offices will remain open on 26th & 27th July 2014 for accepting the returns of Income