News & FAQs

Tax Returns filed without full payment of taxes and interest might be treated as defective

News & FAQs | By ALOK PATNIA | Jul 18, 2013

The income-tax department will not accept tax return form of assesses who do provide details of taxed and interest. Sources in the offic...

Income Tax Return filing FY 2012-2013 (AY 2013-14) – Important Articles to Refer

Income Tax Return filing FY 2012013 (AY 2013-14) - Important Articles to Refer 1. Things you must know for while filing your Income Tax ...

CBDT says Do Not enforce demand if intimation undelivered for returns Processed prior to 31-3-2010

News & FAQs | By ALOK PATNIA | Jul 6, 2013

CBDT says Do Not enforce demand if intimation undelivered for returns Processed prior to 31-3-2010   INSTRUCTION NO.4/2013 , DATED 5-7-20...

IT Department Sets Procedure for Rectification under section 154 for timely disposal of rectifica...

IT Department Sets Procedure for Rectification under section 154 for timely disposal of rectification filed If there  is one thing, comm...

Submission of ITR V is mandatory for e-filing IT Return FY 2012-13 (AY 2013-14)

News & FAQs | By ALOK PATNIA | Jul 1, 2013

Recently Ministry of Finance has proposed a new way of submitting income tax e-returns for those who file online income tax returns witho...

FAQs on NRI Taxation

FAQs on NRI Taxation Q1. Who is an NRI? A1. an Indian staying abroad is known as an NRI i.e. Non-Resident Indian. Q2. Who is a NRI under ...

New amendments and Changes in the ITR filing for the AY 2013-14 (FY 2012-13)

  The following norms for the below mentioned ITR forms are as per new amendments and changes in the ITR filing for the AY 2013-14 (FY 20...

Income tax return for the assessment year 2013-14

Income tax return for the assessment year 2013-14:-  Ministry of Finance has come up with many changes with regard to filing Income Tax ...

15th June – Due date for Advance Tax Payment for corporate assessees for 1st quarter

Due date of Advance Tax Payment for corporate assessees for 1st quarter is on 15th June 2013 Advance tax payment is a system of staggered...

FAQ on Income Tax Return Filing and more

FAQ on Income Tax Return Filing and more.. I have changed my job during the Financial Year. What should I do? It is seen in most of the c...

Vodafone’s firm stand compels FM to relax Stringent Tax Laws

News & FAQs | By ALOK PATNIA | Jun 8, 2013

Vodafone’s firm stand compels FM to relax Stringent Tax Laws In a discussion held in the Bombay Chartered Accountant’s Society, senio...

Authorised Signatories for Filing of Return u/s 140

News & FAQs | By ALOK PATNIA | Jun 6, 2013

Authorised Signatories for Filing of Return u/s 140 of the Income Tax Act :- Income Tax return must be signed by the authorised person. T...

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