CIT, CPC (TDS) will be subordinate to DGIT (System)
 MINISTRY OF FINANCE (Department of Revenue),  (Central Board of Direct Taxes), NOTIFICATION No. 15/2013,  Income-Tax, New Delhi, the 26th February, 2013  S.O. 460(E).-In exercise…
View More CIT, CPC (TDS) will be subordinate to DGIT (System)Ten Tax Saving Options for Salaried Employees
1. Leave allowance:Â An employee can use such an allowance to cover his domestic travel and can be used for air, rail, and road transport. 2.Gratuity…
View More Ten Tax Saving Options for Salaried EmployeesHandling of PPF deduction u/s 80C
Suppose a Cheque is deposited in PPF on 29th March 2013 and it got cleared on 1st April 2013 then according to the Govt. Tax…
View More Handling of PPF deduction u/s 80CBudget -1% TDS on transfer of Immovable property exceeding Rs.50 lakh
Tax Deduction at Source (TDS) on transfer of certain immovable properties (other than agricultural land) There is a statutory requirement under section 1 39A of…
View More Budget -1% TDS on transfer of Immovable property exceeding Rs.50 lakhBudget -Income Tax Surcharge Rate hiked for higher Income Assessees
The Finance Bill 2013-14 proposes a surcharge of 10 per cent on persons whose taxable income exceed Rs. 1 crore per year. This will apply…
View More Budget -Income Tax Surcharge Rate hiked for higher Income AssesseesTDS Rates for FY 2013-14 / AY 2014-15
Applicable TDS Rates are same as were in force for F.Y. 2013-13 except the changes specified below. I.Rates for deduction of income-tax at source during…
View More TDS Rates for FY 2013-14 / AY 2014-15Income Tax rates FY 13-14 after budget 2013 dated 28.02.2013
 There is no change in income tax rates, slabs at all. No change in exemption limit. Only tax rebate of Rs 2000 has been allowed…
View More Income Tax rates FY 13-14 after budget 2013 dated 28.02.2013Browser settings for Income Tax e-filing website
Browser Settings Income Tax Department recommends that you use the following browser specifications for the best view of https://incometaxindiaefiling.gov.in website. You may still be able to…
View More Browser settings for Income Tax e-filing websiteForm 16,16A, 24Q, 26Q, 27C, 27D, 27Q, 27EQ Amended Notification 11/2013
TDS related forms and rules regarding digital singnature of TDS return has been changed through INCOME-TAX (SECOND AMENDMENT) RULES, 2013 – AMENDMENT IN RULES 31A…
View More Form 16,16A, 24Q, 26Q, 27C, 27D, 27Q, 27EQ Amended Notification 11/2013Centralized Processing Cell for TDS, CPC (TDS)
FM to Dedicate Centralized Processing Cell for Tax Deducted at Source, CPC (TDS) Today The Union Finance Minister Shri P. Chidambaram, will dedicate the Centralized…
View More Centralized Processing Cell for TDS, CPC (TDS)