Tag Archives: CBDT

Issuance of TDS Certificates in Form No. 16A downloaded from TIN

As per CBDT circular no. 03/2011 dated May 13, 2011, TDSCertificates in Form No. 16A will be generated from Tax Information Network (TIN).It is mandatory for Companies and Banks to issue Form 16A from TIN to their deductees for deductions … Continue reading

Posted in Income Tax | Tagged , , , , , | 2 Comments

Clarification regarding processing of ITR-1 and ITR-2 returns

Section 143 of the Income-tax Act, 1961 – Assessment – General – Clarification regarding processing of ITR-1 and ITR-2 returns – Credit for tax deducted at source for A.Y. 2009-10 INSTRUCTION NO. 9/2010 [F. NO. 225/25/2010/IT (A-II)], DATED 9-12-2010 1. … Continue reading

Posted in Income Tax | Tagged , , , , , , | Leave a comment

Due date of filing of returns for audited case extended

F.No. 225/72/2010-ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated : September 27, 2010 Order under Section 119 of the Income Tax Act, 1961 On consideration of the reports of disturbance of general … Continue reading

Posted in Income Tax | Tagged , , , , , , , | 1 Comment

CBDT AMENDS RULES RELATING TO TDS

The Central Board of Direct Taxes (CBDT) have amended the Rules relating to TDS provisions date and mode of payment of tax deducted at source (TDS), TDS certificate and filing of ‘statement of TDS’ (TDS return) vide Notification No.41/2010; SO … Continue reading

Posted in Income Tax | Tagged , , , , , , , , , | 4 Comments

New Income Tax Return Form SARAL II for Assessment Year 2010-11

CBDT notifies New Income Tax Return Form SARAL II (ITR 1) for Assessment Year 2010-11 for Individuals having income from Salary/Pension/Income from One House Property (Excluding loss brought forward from previous years) / Income from Other Sources (Excluding winning from … Continue reading

Posted in Income Tax | Tagged , , , , , , , , , , , , | Leave a comment

CBDT Notification on TDS on perquisites

Notification No. 94/2009 Dated 18-12-2009 In exercise of the powers conferred by section 295 read with sub-section (2) of section 17 of theIncome-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, … Continue reading

Posted in Income Tax | Tagged , , , , , | 2 Comments