Tag: Income Tax

CBDT notifies procedure for email communication between taxman and taxpayer

The CBDT has notified the format and procedure for the taxman and taxpayers to usher in an ambitious pilot project of using emails as the new mode of communication between… Read more »

Immediate I-T refund of amount up to Rs 5,000 to Taxpayers by 31.01.2016

The government has ordered that income tax refunds of up to Rs 5,000 should be made immediately in its latest attempt to clear the backlog that the NDA had inherited…. Read more »

Due Dates for January 2016

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7 January 2016 – Due date for deposit of Tax deducted/collected for the month of December, 2015. However, all sum deducted/collected by an office of the government shall be paid… Read more »

Key Features -File Validation Utility (FVU) version 2.145

Addition of challan (i.e. C9 correction) in correction statements: As directed by Income Tax Department (ITD), addition of challan option (i.e. is C9 correction) has been made available for Central… Read more »