Income-Tax Deduction from Salaries during the Financial Year 2015-16 CIRCULAR NO : 20/2015 F.No. 275/192/2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** North Block, New Delhi Dated the 2nd December, 2015 Reference is invited to Circular No.17/2014 dated 10.12.2014 whereby the rates of deduction of income-tax from the … Read more
The Union Finance Minister Shri Arun Jaitley Launches The “E-Sahyog” Pilot Project of The Income-Tax Department to Facilitate Taxpayers The Income-tax Department is committed to the ‘Digital India’ initiative of the Government of India. The Finance Minister Shri Arun Jaitley launched here today an “e-Sahyog” pilot project which furthers the Department’s commitment to work in … Read more
Government Sets-Up A Committee to Simplify The Provisions of The Income Tax Act, 1961 Press Information Bureau Government of India Ministry of Finance 27-October-2015 Government Sets-Up A Committee to Simplify The Provisions of The Income Tax Act, 1961 The Government of India has constituted a Committee with a view to simplify the provisions of the … Read more
No Extension in Due Date of Filing of Returns and Audit Report; Due Date Continues to be 30th September, 2015; Tax Payers and Practitioners are Advised not to give any Credence to any Fake or Fraudulent Order about Extension of Date The Income Tax Department has clarified that circulation of Fake order dated 26.9.2015 for … Read more
Electronic Filing of Income Tax Returns for 2015-16-Avoid the Rush Press Information Bureau Government of India Ministry of Finance 01-July-2015 Electronic Filing of Income Tax Returns for 2015-16 Commences; ITR 1-Sahaj, 2 and 2A can be Used by Individuals or HUF Whose Income Does not Include Income from Business; ITR 4S – SUGAM can be … Read more