Release of E-filing of Income Tax Returns (ITR) and other forms In pursuance of the Notification of the Income Tax Returns (ITR) for AY 2016-17 on March 31st, 2016, Central Board of Direct Taxes (CBDT)announces the release of electronic filing of ITRs 1 and 4S on its website https://incometaxindiaefiling.gov.in. Other ITRs will be e-enabled shortly. […]
Income tax
Request to Taxpayers to Avail Facility for Online Rectification
Request to Taxpayers to Avail Facility for Online Rectification Income-tax Act provides the taxpayer with an option to seek rectification of mistakes apparent from record under section 154 of the Act. The e-filing portal of the Income Tax Department provides the utility for online filing and tracking of rectification requests. Taxpayers who are not satisfied […]
Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax
Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax Press Information Bureau Government of India Ministry of Finance 23-March-2016 Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax Information regarding interest earned by individuals and business entities on term deposit is […]
Deduction of Income Tax on withdrawal of P.F. 60%
7th pay commission latest news Deduction of Income Tax on withdrawal of P.F. 60% NATIONAL COUNCIL (STAFF SIDE) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E Mail: nc.jchm.np@gmail.com No. NC-JCM/2016 Dated:- 1st March, 2016 No. NC-JCM/2016 To: The Hon’ble Finance Minister, Government of India, North Block, New Delhi. […]
Rates of income-tax in respect of income liable to tax for the assessment year 2016-2017
Rates of income-tax in respect of income liable to tax for the assessment year 2016-2017. DIRECT TAXES RATES OF INCOME – TAX I.Rates of income-tax in respect of income liable to tax for the assessment year 2016-2017 In respect of income of all categories of assessees liable to tax for the assessment year 2016-2017, the […]