Archive for the ‘I Tax’ Category
Withdrawal of Clarification dated 05.09.2011 on Grace Marks Policy for promotion
Withdrawal of Clarification dated 05.09.2011 on Grace Marks Policy for promotion The Clarification dated 05.09.2011 delegating the job of application of Grace Marks Policy to DPCs is withdrawn. F.No. DE-2009/ITO/SCT/Availed Benefits/DIT(IT)/5466 DIRECTORATE OF INCOME TAX (IT) Ministry of Finance, Department of Revenue Dated : 13.12.2012 Withdrawal of clarification -I dated 05.09.2011 This Directorate vide F.No.DE-2009-2011/ITO/SCT/Availed [...]
December 18, 2012
Tags: CBDT, CBDT Orders, Departmental Promotion Committee, DPC, Grace Mark Policy, I Tax, Income Tax Department, Own Merit, Own Merit Status, Promotion
Posted in: I Tax
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Exemption of Transport Allowance from the purview of Income Tax- Enhancement of exemption limit from Rs. 800/- to Rs. 3200/- plus D.A. thereon : NFIR
Exemption of Transport Allowance from the purview of Income Tax- Enhancement of exemption limit from Rs. 800/- to Rs. 3200/- plus D.A. thereon : Railway Board orders NFIR published an important order regarding the enhancement of Income Tax exemption limit for Transport Allowance to Railway employees… DC/JCM Item No 24/2012 – Exemption of Transport Allowance [...]
December 13, 2012
Tags: Exemption on I.Tax, Exemption on TA, I Tax, Income Tax Exemption, Income Tax on TA, NFIR, NFIR Latest News, Transport Allowance
Posted in: Allowances, I Tax, Railways, TA
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Income Tax Section 80CCG – Finmin approves of the new ‘Rajiv Gandhi Equity Saving Scheme’ (RGESS)
New Tax Saving Scheme under Income Tax Section 80CCG – ‘Rajiv Gandhi Equity Saving Scheme’ (RGESS) Finance Minister approves the Operational Features of the Rajiv Gandhi Equity Savings Scheme (RGESS) The Union Finance Minister Shri P. Chidambaram approved a new tax saving scheme called âRajiv Gandhi Equity Saving Schemeâ(RGESS),exclusively for the first time retail investors [...]
December 1, 2012
Tags: I Tax, Income Tax Department, Income Tax Exemption, Income Tax Rules, Income Tax Slab
Posted in: I Tax
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Income Tax Refund Status – Check your status through online…
Income Tax Refund Status – Check your status through online… ‘Refund Banker Scheme’ – Check your Income Tax Refund status through online The Income Tax Department has already introduced the provision to know the status of Income Tax Refund through online. As shown in the official website of TIN-NSDL you can verify the status of [...]
November 20, 2012
Tags: I Tax, Income Tax Department, Income Tax Refund, Income Tax Refund Status
Posted in: I Tax
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Income Tax Refund : FAQ on Refund Bankers
Income Tax Refund : FAQ on Refund Bankers FAQ / Refund From which date the refund banker has been implemented? The refund banker has been implemented from January 24, 2007. In which cities the refund banker has been implemented ? The refund banker facility is operational for non-corporate taxpayers assessed all over India. Who will [...]
November 20, 2012
Tags: FAQ on Refund Bankers, I Tax, Income Tax Refund, Income Tax Refund Status, Refund Bankers
Posted in: I Tax
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INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 201 2-2013 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961
OFFICE OF THE CONTROLLER GENERAL OF DEFENCE ACCOUNTS Ulan Batar Road, Palam, Delhi Cantt-110010 No.AN/XIV/14119/l.Tax-IX Dated 09.11.2012 To All the PCsDA /CsDA (Through CGDA Mail Server) SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 201 2-2013 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961. Government of India, Ministry of Finance, Department of Revenue, Central [...]
November 12, 2012
Tags: I Tax, Income Tax 2012-13, Income Tax Deduction from Salary, Income Tax Department, Income Tax Exemption, Income Tax Refund
Posted in: I Tax
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Exemption of Transport Allowance on Income Tax : Enhancement of exemption limit from Rs.800 to Rs.3200
Exemption of Transport Allowance on Income Tax : Enhancement of exemption limit from Rs.800 to Rs.3200 NFIR demanding to enhance the limit of exemption in Transport allowance on Income Tax from the existing level of Rs.800 to Rs.3200 plus Dearness allowance thereon. Already in Departmental Council JCM meeting the Staff Side had agreed to make [...]
September 1, 2012
Tags: Daily Allowance, Exemption on I.Tax, Income Tax on TA, NFIR, NFIR Latest News, TA/DA, Transport Allowance
Posted in: Allowances, Finmin Orders, I Tax, TA
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Due Date of E-Filing of Income Tax Returns for Assessment Year 2012-13 Extended up to 31st August, 2012
Press Information Bureau Government of India Ministry of Finance 31-July-2012 17:17 IST Due Date of E-Filing of Income Tax Returns for Assessment Year 2012-13 Extended up to 31st August, 2012 On consideration of the reports of disturbance of general life caused due to failure of power and further in consideration of the fact that the [...]
July 31, 2012
Tags: Assessment year 2012-13, E-filing of Income Tax, I Tax, Income Tax Assesses
Posted in: I Tax
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Representative Assessees of Non-Residents and in the Case of Private Discretionary Trusts
CBDT Relaxes Compulsory E-Filing of Return of Income for Assessment Year 2012-13 – for Representative Assessees of Non-Residents and in the Case of Private Discretionary Trusts Rule 12 of the Income-tax Rules, 1962 mandates that an individual or Hindu undivided family, if his or its total income or the total income in respect of which [...]
July 31, 2012
Tags: E-filing of Income Tax, Income Tax Department, Non CGHS areas, Non-Residents, Private Discretionary Trusts
Posted in: I Tax
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Gujarat to pay fourth installment of Sixth Pay Commission to government employees in cash during 2012-13
Gujarat to pay fourth installment of Sixth Pay Commission to government employees in cash during 2012-13 Ahmedabad, Tuesday: Gujarat Government will disburse the fourth installment of the difference in salary and recommendations of the Sixth Pay Commission during the financial year 2012-13 in cash to 8.20-lakh present and retired government employees, Chief Minister Narendra Modi [...]
May 19, 2012
Tags: Gujarat Govt Employees, Pay Commission Arrears, State Govt.Employees
Posted in: I Tax, Uncategorized
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