I.T. cadre review : File back to CBDT

It is learnt from sources that cadre review proposal, which has been earlier cleared by DOPT with moderate reduction in ACIT posts, has been returned to CBDT asking for some clarification. It is expected to be sent soon for cabinet approval and subsequent implementation.
It may be remembered that CBDT is very much eager for early implementation and early promotions as they have asked all cadre controlling CCITs to get the APARs ready by 20th April 2012 for conducting early DPC in view of the cadre review proposal accepted by the Govt.
View the Chairman's message in this regard

ITI/ITOs AND Ministerial. exam in September 2012

The date has been fixed from 04.09.2012 to 15.09.2012. The details will be available as and when notification issued. This year the applications will be done Online and scanned photo and signature to be uploaded by the candidate.
View details here.

Rollback from budget proposal in TDS and Capital Gain Tax

Finance Minister announces withdrawal of TDS on immovable property as proposed in Budget.
FM announces withdrawal of provisions in Customs and Excise rules under which bail was denied till public prosecutor was heard.
Govt halves capital gains tax on private equity to 10 per cent.
Retrospective amendments to Income-tax Act not to override DTAAs with 82 countries, says Mukherjee.

I.T. offices remain open on 31.03.2011

Order under Section 119(1) of the IT Act, 1961 (Reg. Income Tax Offices shall remain open on 31.3.201 through out India)
View the Order

ITO to ACIT Promotion Order released

Flash News : Promotion Order to the post of ACIT has been released today. 
View the Order
Congratulation to all the newly promoted ACITs !!