Income Tax Department Starts giving Certificate of Appreciation Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 19th September, 2016. Press Release Sub: Finance Minister conveys Government’s Appreciation to tax payers for their … [Read more...] about CBDT -Starts giving Certificate of Appreciation
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Income Tax
Clarification regarding the Income Declaration Scheme 2016
Clarification regarding the Income Declaration Scheme 2016 Fifth Set of Frequently Asked Questions (FAQs) was issued yesterday clarifying certain issues relating to Income Declaration Scheme,2016 (the Scheme). Clarification has been sought as to whether the answer number 4 of the said FAQ shall … [Read more...] about Clarification regarding the Income Declaration Scheme 2016
Approval of Eligible Projects or Schemes under Section 35AC of the Income Tax Act, 1961
Approval of Eligible Projects or Schemes under Section 35AC of the Income Tax Act, 1961 Section 35AC of the Income Tax Act 1961, inter alia provides for a deduction in computing the business income of an assessee, of the amount paid by him to a Public Sector company or a local authority or to an … [Read more...] about Approval of Eligible Projects or Schemes under Section 35AC of the Income Tax Act, 1961
New updated Version of Income Tax Return Statistics for Assessment Year 2012-13 released
New updated Version of Income Tax Return Statistics for Assessment Year 2012-13 released Central Board of Direct Taxes (CBDT) had proactively released data relating to direct tax collections, PAN allocation and distribution of income in the returns for AY 2012-13 earlier in April, 2016. A new … [Read more...] about New updated Version of Income Tax Return Statistics for Assessment Year 2012-13 released
Extension of date of filing of Income Tax Return throughout India – Central Board of Direct Taxes
Extension of date of filing of Income Tax Return throughout India – Central Board of Direct Taxes Press Information Bureau Government of India Ministry of Finance 29-July-2016 20:47 IST CBDT extends the date for filing income tax return for Assessment Year 2016- 2017 from July 31st to August … [Read more...] about Extension of date of filing of Income Tax Return throughout India – Central Board of Direct Taxes