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for promotion The Clarification dated 05.09.2011 delegating the job of application of Grace Marks Policy to DPCs is withdrawn.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: , , , , , , , , ,   Posted in: I Tax  No Comments

Clarification regarding ‘Own Merit Status’.

Clarification regarding ‘Own Merit Status’. It is clarified that there is no concept of grace marks in betterment attempt and grace marks awarded to any Betterment candidate in 2010 and 2011 DE are being withdrawn. F.No. DE-2009/ITO/SCT/Availed Benefits/DIT(IT)/5447 DIRECTORATE OF INCOME TAX (IT) Ministry of Finance, Department of Revenue Dated : 13.12.2012 CLARIFICATION References have [...]

December 18, 2012  Tags: , , , , , , , , ,   Posted in: DOPT Orders, Finmin Orders  No Comments

Due Date of Filing of Returns of Income for Assessment Year 2011-12 Extended in Sikkim

Ministry of Finance   Due Date of Filing of Returns of Income for Assessment Year 2011-12 Extended in Sikkim   On consideration of the reports of disturbance of general life caused due to earthquake in the State of Sikkim, the Central Board of Direct Taxes (CBDT), in exercise of powers conferred under section 119 of [...]

October 4, 2011  Tags: , , ,   Posted in: I Tax  No Comments

CBDT Press Release on exemption from filing I-T return for persons with income up to Rs 5 lakh

No.402/92/2006-MC(14 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, dated the 23rd June, 2011 PRESS RELEASE   The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs.5 lakh from filing income tax return for [...]

June 26, 2011  Tags: , ,   Posted in: I Tax  One Comment