Wednesday, July 31, 2013

Income Tax Return for A.Y 2013-14 : Due date extended

The due date of filing of Income Tax return which was today, the 31st July 2013 for the Financial Year 2012-13 has been extended to 5th August 2013. The extended due date will be applicable for e-filing returns as well as manual returns.
Click here to view the order

Tuesday, July 30, 2013

Problem in e-filing of return, MOF issued Press Release

Problems are being reported from all section of taxpayers regarding e-filing portal of Income Tax Department. In the last two days remaining of due date, the portal is likely to be near crashed with hits probably exceeding it's capacity. 
In the evening the department has issued a press release and claimed overwhelming response about e filing of return. It also admitted the technical problems faced by the taxpayers but instead of the portal, they fixed the responsibility to local internet service provider as usual.
Anyway , in the evening, while writing this post, the portal is found running smoothly and hope the same consistency be maintained for the next 36 hours.
View the Press Release

Wednesday, July 24, 2013

Revised schedule for Dept. Exam 2013

Departmental Exam for ITI and ITOs has been rescheduled. It will start from 20th September 2013 instead of 18th as earlier announced. Ministerial Exam will start as announced before, 25th September 2013.
View the revised shedule for ITI/ITOs' Exam
View the schedule of Ministerial Exam

Due date for filing of return for Uttarakhand assessees estended

CBDT has extended due date of filing return for taxpayers residing in Uttarakhand to 31st October 2013 (Which was due on 31st July 2013) for the natural calamity.
View the order u/s 119

Tuesday, July 23, 2013

Income Tax cadre review : implementation begins

Chief Commissioners / Director Generals upgraded
Implementation of cadre restructuring finally begins with upgradation of all CCITs/DGITs to HIG + scale of Rs 75,500 to Rs 80,000.
All existing officers in the pay band of Rs 67,000 to 79,000 (HAG Scale) is upgraded to next higher grade with effect from 23.05.2013.
Click here to view the Office Memorandum Dated 23.07.2013

Friday, July 19, 2013

CBDT accorded sanction order for creation of new posts

As per the cabinet approval of additional manpower in Income Tax Dept., CBDT accorded necessary sanction order for creation of posts.
Click here for sanction of IRS cadre posts
Click here for sanction of other cadre posts
Same as earlier orders, this sanction order carries the same mistake of Grade Pay in certain category of posts like A.O. /P.S. etc.

Thursday, July 18, 2013

Issues relating to amendment/framing of RRs for Gr B and C staff asked for

The cadre review sub committee No.6 (For framing/amendment of new recruitment rule) asked for inputs form all cadre controlling Chief Commissioners regarding issued present in local level reg promotion/seniority of Group B and C staff.
Inputs related to litigation pending in CAT/High Courts, representations from staff members and also recommendations from service associations regarding recruitment rule is urgently asked.
The inputs from local level to be sent to the committee within 22nd July to enable the said committee to complete it's report within the specified time frame.
View the communication. 

Monday, July 15, 2013

Update about cadre restructure implementation

CBDT has published the details about the proceedings of 5th July with all committees and cadre controlling CCAs. The entire process of restructuring is proposed to be completed within 31.12.2013.
View here the details
As informed in this blog earlier, CBDT issues order about including association representatives in the sub committees. One representative each from three associations, IRS, ITGOA and ITEF to be included in all sub committees.
View the CBDT communcation

Cadre Review : ACR to be made ready for DPC

CBDT asked all cadre controlling CCAs to complete ACR dossiers immediately for those who are in the consideration zone for promotion in the next higher grade consequent upon the cabinet approval of additional manpower in the Income Tax Department. DPCs for promotion in the next higher grade to commence shortly.
View the CBDT communication dated 12.07.2013

Wednesday, July 10, 2013

Cadre review committees will include member from JCA

CBDT has decided to include association representatives in the Core Committee and different sub committees. For this inclusion, the apex committees will be reconstructed within one week. This decision has come after ITEF and ITGOA strongly opposed the move of not considering association representatives in the implementation team.
In the regional level also the cadre review committee will consist of participation from JCA.

Direct Tax Collection for June'13 Quarter up by 11.52%

Gross direct tax collection during April-June of the F.Y. 2013-14 is up by 11.52 percent at Rs. 1,23,993 crore as against Rs. 1,11,183 crore in the same period last year. While gross collection of Corporate taxes has shown an increase of 7.82 percent (Rs. 76,115 crore as against Rs. 70,594 crore last year), gross collection of Personal income tax is up by 18.53 percent (Rs.46,903 crore as against Rs.39,569 crore last year). Net direct tax collection is up by 6.44 percent and stands at Rs.89,705 crore, as compared to Rs. 84,274 crore in the same period in the last fiscal. 

The collection of Securities Transaction Tax (STT) stands at Rs. 926 Crores. The Wealth Tax has posted a growth of 50.00 percent (Rs.48 crore against Rs.32 crore last year). 

Source : PIB Release

Wednesday, July 3, 2013

Salient features of Income Tax cadre restructure

Salient features of Income Tax cadre review proposals as approved by Union Cabinet on 23/05/2013 is as under :
1. Number of Assessment Units to be increased by 1080, from existing 3420 to 4500
2. Expected additional revenue Rs 25,756.04 crores per anum against additional expenditure of Rs 449.71 crores per anum
3. Each Range to have one more Assessing Officer
4. Administrative CITs to be increased by 22
5. 114 Special Ranges with adequate manpower including ITOs to be created
6. Creation of 620 additional IRS posts as reserve
7.Bifurcations of posts in CIT cadre in HAG and SAG scales on functional basis
8. Upgradation of all 116 CCITs to Apex and HAG+ scale with one increased post
9. Three more RTIs to be created (Patna, Bhopal and Delhi)
10. Directorates to be strengthened/reorganised. Three new DIT(Inv) to be created in Dehradun, Chennai and Goa.
11. CIT appeals to be strengthen with Inspectors. 1Cit(A) for each range in central and corporate charges  and 1 each for other Administrative Commissioners.
12. 179 ITOs to be posted to assist DRs and Sr DRs to strengthen the advocacy system in ITAT.

Click here to view complete details

Tuesday, July 2, 2013

Cadre review gets momentum, CBDT acts fast.

The cadre review proposal of Income Tax Dept. finally got the necessary momentum. Seven sub committees formed and asked to submit final report within three months for smooth exercise of the cadre review proposal.
Details of the restructure process has also been communicated by the Chairman, Core Committee.
A meeting with all cadre controlling CCITs and the subcommittees have been arranged on 5th July 2013.
View the salient feature of cadre review proposal and details of terms of reference of different sub committees in the IRS officers Online website.
Click here to view the link