Income Tax rates FY 13-14 after budget 2013 dated 28.02.2013
There is no change in income tax rates, slabs at all. No change in exemption limit. Only tax rebate of Rs 2000 has been allowed for income tax slabs between… Read more »
Browser settings for Income Tax e-filing website
Browser Settings Income Tax Department recommends that you use the following browser specifications for the best view of https://incometaxindiaefiling.gov.in website. You may still be able to use the e-filing website using… Read more »
Form 16,16A, 24Q, 26Q, 27C, 27D, 27Q, 27EQ Amended Notification 11/2013
TDS related forms and rules regarding digital singnature of TDS return has been changed through INCOME-TAX (SECOND AMENDMENT) RULES, 2013 – AMENDMENT IN RULES 31A & 31AA; SUBSTITUTION OF RULES… Read more »
Centralized Processing Cell for TDS, CPC (TDS)
FM to Dedicate Centralized Processing Cell for Tax Deducted at Source, CPC (TDS) Today The Union Finance Minister Shri P. Chidambaram, will dedicate the Centralized Processing Cell for Tax Deducted… Read more »
New Form 26B to claim excess TDS deposited by Deductor Notification 11/2013
Income Tax rules regarding refund of excess deposit of TDS by deductor has been amended in notification 11/2013 dated 19.02.2013. In this notification deductor can claim refund of excess TDS… Read more »
TDS cannot be postponed till last date of accounting period, HC ruling in virgin creations will not apply
A judgment is an authority for what it decides. It applies only to those cases in which the requisite amount of tax has been deducted at source out of payments… Read more »