Dec 31, 2015

Transactions where quoting PAN is mandatory- CBDT 22 Amendment

The CBDT make an amendment in income tax rules with 22ns amendment with rule 114B, Transactions in relation to which permanent account num...

Dec 30, 2015

Scrutiny Assessment of Income Tax in Computer Aided Scrutiny Selection

The CBDT issued an instruction no. 20 dated 29 December 2015 regarding Scrutiny Assessments-some important issues and scope of scrutiny in...

E.com dealers need to file Delhi VAT return

In exercise of the powers conferred on me by section 27 of Delhi Value Added Tax Act, 2004, I, Sanjeev Khirwar, Commissioner, Value Added ...

Dec 29, 2015

CBDT Circular no. 23 about TDS on interest of Fixed Deposit

The Central Board of Direct Taxes issued a circular no. 23/2015 dated 28 December 2015 about TDS on interest of fixed deposit under sectio...

Dec 28, 2015

How to earn tax free income

Everybody is interested to make money and moreover taxpayers are more keen to earn tax free income. There are some ways with you can earn ...

Dec 26, 2015

TRACES new facility of lower TDS deposited in quarters

You would appreciate that timely Deduction of Tax and it́s timely Deposit to the Government Account is in vital interest of the National E...

Dec 25, 2015

CBDT issued POEM draft guidelines

Section 6(3) of the Income-tax Act, 1961, prior to its amendment by the Finance Act, 2015, provided that a company is said to be resident ...

Dec 24, 2015

RBI extends last date of exchange pre-2005 notes

Please refer to our circular DCM (Plg) No.G-15/5486/10.27.00/2014-15 dated June 26, 2015 and the Press Release dated June 25, 2015 on the ...

CBDT draft guideline for determination of residence of company

The Finance Act, 2015 has amended, with effect from 01.04.2016, the provisions of Income-tax Act relating to determination of residence of...

Dec 22, 2015

Latest Excise ER1 ER2 and ER3 return excel utility free download

The Central Excise notified latest return excel utility ER1, ER2 and ER3. ER1 and ER2 excel return utility are updated on 11 December 20...

CBDT revised limits for filing of appeal by the Income tax department

 The Central Board of Direct Taxes has issued a Circular revising the monetary limits for filing of appeals by the Department with the obj...