* "Due date for filing Income Tax Return is extended from 30th september 2014 to 30th november 2014 in state of J&K"         * "New FVU version 4.4 released for TDS/TCS Statements of F.Y. 2010-11 onwards"         * "New FVU version 2.140 released for TDS/TCS Statements up to F.Y. 2009-10"

  • News & Updates
  • Circular
  • Notification

Download of Form 27D has been enabled on TRACES. Please select "Form 27D" under 'Download' section to place a request for download.

Now deductor can check aggregate TDS compliance. It will list down all the TAN's with defaults mapped to a deductor's PAN.

Buyer of Immovable property can download Form 16B after registering on TRACES.

Levy u/s 234E of the Income Tax Act, 1961 is a statutory levy and cannot be waived.

Registration of Digital Sgnature has been enabled on TRACES for deductor can register their digital signature is payable after registration.

CBDT vide order u/s 119 dated 20/08/2014 has decided to extend the last date for obtaining and furnishing Audit Report u/s 44AB for AY 2014-15 in case of assesses, who are not required to furnish report u/s 92E from 30/09/2014 to 30/11/2014.

Now it is mandatory to download .TDS file from www.tdscpc.gov.in to make correction statement

Revised schema of Form 3CA-3CD and & Form 3CB-3CD is now available at incometaxindiaefiling.gov.in

NEW FVU version(4.1) is realeased and applicable from 23rd september 2014.

Clarificatiion regarding treatment of expenditure incurred for development of roads/highways in BOT agreements under Income-tax Act, 1961

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Non-Filing of ITR-V in returns with refund claims-relax{tion of time- ITR-V and processing of such returns

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EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2013

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Extension of due date for filing TDS/TCS statements for FYs 2012-13 and 2013-14

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Clarification regarding disallowance of expenses under section 1 the Inrcome-tax Adt in cases where corresponding exempt income has'not earnedl during the FY -regarding.

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Income-tax (8th Amendment) Rules, 2014. .

In exercise of the powers conferred by Section 295 read with Section 32 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962.
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Income-tax (7th Amendment) Rules, 2014. .

In exercise of the powers conferred by section 295 read with section 44AB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962.
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Income-tax (6th Amendment) Rules, 2014. .

In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962.
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Wealth-tax (First Amendment) Rules, 2014

Wealth-tax (First Amendment) Rules, 2014 - Substitution of Rule 3 and insertion of Form BB​
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Notified cost inflation index, FY 2014-15

Section 48, explanation (v) of the Income-tax Act, 1961 - Capital gains - Computation of - Notified cost inflation index for Financial Year 2014-15​
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Section 80G(2)(b)

Section 80G(2)(b) of the Income-tax Act, 1961 - Deductions - Donations to religious/charitable funds etc. - Notified places of worship​
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Cenvat Law & Practice