e-filing made mandatory for certain Individuals and HUF

Central Board of Direct Taxes (CBDT) has issued a notification S.O. 626(E) dated 28^th March 2012 vide which e-Filing has been made compulsory for Assessment Year 2012-13 onwards for

·         an individual or a Hindu undivided family, if his or its total income, or the total income in respect of which he is or it is assessable under the Act during the previous year, exceeds ten lakh rupees; and

• an individual or a Hindu Undivided Family (HUF), being a resident, having assets (including financial interest in any entity) located outside India or signing authority in any account located outside India and required to furnish the return in Form ITR-2 or ITR-3 or ITR-4.
• View the Press Release

ITO to ACIT promotion for panel year 2012-13 - process initiated

Good news for the ITOs who are looking for promotion to the grade of ACIT. CBDT has started process of conduction DPC. For this purpose they asked for vigilance clearance and ACRs of ITOs from Sr No. 1203-1950 for General, 1455 to 2868 for SC and 1660-2868 for ST. as per all India seniority list of ITOs published on 14.01.2010.
The required documents to be furnished latest by 30th June.
The proposal for DPC is going to be submitted to UPSC shortly.
View the letter dated 18.06.12 for Vigilance Clearance
View the letter dated 18.06.12 for ACR

Notification issued for Departmental Exam (ITO/ITI/Ministerial Exam)

The Departmental Examinations 2012 will commence from 5th September, 2012. Candidates appearing in ITO / ITI Examination 2012 will be required to file online application form.
CCITs / CIT (Exams) have been requested to facilitate candidates in filing the Online Application Forms of ITO / ITI Exams 2012, where required. The list of case laws in ITO Paper-I Income Tax Law & Computation has been revised.
Click Here for Notification
Click Here for List of Revised Case Law
Click Here to APPLY ONLINE (For ITO/ITI Exam)


Exam is scheduled from 5th to 15th September 2012.
Last Date of application is 9th July 2012

CCIT and DG conference in New Delhi on 11th and 12th June

Cadre Review likely to be announced
The top brass of the Income Tax department and CBDT will hold a brainstorming session on various issues related to black money, revenue collection and the proposed Direct Taxes Code (DTC) here next week.     The Directors General (DGs) and Chief Commissioners of Income Tax will get together on June 11 and 12 for their annual conference to deal with various challenges faced by the I-T department and the direct tax revenue collection set up, officials said today.     This will be the 28th edition of the conference. Finance Minister Pranab Mukherjee is expected to inaugurate the session on June 11 while senior officials of the Finance Ministry and those belonging to economic enforcement agencies under the Revenue department will participate in the event.     Some important policy decisions related to cadre restructuring of the I-T department and the Central Board of Direct Taxes (CBDT) are also expected to be announced during the conference, the officials said.     "Various issues and challenges being tackled by the department like the fight against black money, strategies for better tax collection and implementation of the proposed DTC are expected to be taken up during the two-day conference," a senior official said.     The conference will also deliberate on issues related to vigilance, technology upgradation and creation of infrastructure across the country. A similar conference of the top officials of the Central Board of Excise and Customs (CBEC) is at present underway here
Source : (PTI)

Govt. bans post creation, cadre review likely to be delayed

In a move to cut down Govt. expenditure outflow, the finance ministry has launched an austerity drive. In a recently issued (31/05) Order, it has announced various cost cuttle exercises including a blanket ban on new post creation. As a result the possibility of early implementation of cadre review stands bleak. Until and unless Govt. loosens it's  farm stand on austerity measure and lift the ban on new post creation, it may be easily assumed that cadre review and restructure of the Income Tax Dept. like any other organization is delayed indefinitely.
View the O. M. on austerity measure