Sunday, May 31, 2015

Return Forms simplified, last date extended

Income Tax Return Forms ITR 1, 2 and 4S Simplified for Convenience of the Tax Payers; 

A New Form ITR 2A Proposed which can be Filed by an Individual or HUF who does not have Capital Gains, Income from Business/Profession or Foreign Asset/Foreign Income; In Form ITR 2 and the New Form ITR 2A, the Main Form will not Contain more than 3 Pages, and other Information will be Captured in the Schedules which will be Required to be filled only if applicable;
As the Software for these Forms is under Preparation, they are likely to be available for e-filing by 3rdweek of june 2015;Time Limit for Filing these Returns is also Proposed to be Extended up to 31.08.2015;
Only  Passport Number, if available, would be required to be given in forms Itr-2 and itr-2A. Details of Foreign Trips or Expenditure thereon are not required to be Furnished.

Friday, May 29, 2015

ITO to ACIT promotion : ball starts rolling

A meeting with CBDT took place on 27th May 2015 regarding calculation of vacancies for the promotion of ACIT. 
It  was decided in the meeting that recalculation of vacancies for R.Y. 2013-14, and calculation of exact vacancies for R.Y 2014-15 and '15-'16 will be done very shortly by HRD and AD VI and the same will be finalized by 8th or 9th June 2015 in a meeting between Member (P) and JCA. Needless to mention that promotion in the post of ACIT will open opportunities for consequential promotion in the lower cadres.
Click here for more details (From ITGOA West Bengal Unit site) 

Tuesday, May 19, 2015

Implementation of Parmar judgement to be finished by 31.07.2015 - HRD

Letter addressed to all Pr CCITs dated 18.05.15 from HRD
"To ascertain the status of implementation of the Supreme Court judgment in N.R Parmar and the guidelines issued by CBDT in the form of FAQs, meetings chaired by DGIT (HRD) were held on 30.3.2015 and 10-04-2015, with representatives of all CCAs and ITEF. The representatives from Bihar & Jharkhand and Kerala and ITGOA were not present in the meetings. The highlights of the meeting are as below...."
Click here to view the details

Training of officers / officials in new Income Tax Business Application

As the department is going to roll out a new environment of computer application from the existing ITD Application, exhaustive training is proposed in the new ITBA.
Nationwide training programme scheduled to commence in this month itself in 40 locations.
For the last few years practically no training in ITD application has been provided to the users by RTI/MSTUs for lack of infrastructure like absence of ITD nodes, RSA Token, module of training software etc. Repeated representations from the users in this regard could not yield any result so far.
Let us hope that extensive and exhaustive training programme in the new application may provide an opportunity for the users to effectively work on the new environment.
Click here for details. 

Friday, May 15, 2015

CBDT issues clarification reg advance increment for passing dept. exam

In a recently issued instruction CBDT paved the way for getting two advance increment which was being objected by different ZAOs.


Wednesday, May 6, 2015

JCA on warpath again, lunch hour demonstration on 12/05/15

 Agitation against delay in promotions to ACIT & other related issues
 "In pursuit of the following demands, the Central JCA in the said meeting has unanimously decided to tread a path of Agitation in the form of Lunch hour demonstration on 12.05.2015 in front of the all the Pr. CCIT offices, across the country.
 i) Immediate promotion from ITO to ACIT against the left-out vacancies of R.Y. 2013-14 and the entire vacancies of R.Y.s 2014-15 & 2015-16; 
ii) Immediate finalisation of Recruitment Rules of Gr. B & C employees; 
iii) Immediate filling up of posts of Inspectors lying vacant for want of candidates in one category by promoting the eligible candidates available in other category. 
Click here to view the letter to Chairperson, CBDT
It may kindly be noted that comments published in this blog are the views of our readers. The administrator of this blog is not responsible in any way regarding the comments and opinions expressed here.
Viewers are requested to post relevant comments only and abstain from making any comment which can hurt any person or group.

My Headlines