Thursday, March 14, 2013

Income Tax offices will remain open on 30 and 31st March

On account of holiday on 27th and 29th March 2013 and the current financial year is going to end on March, CBDT decided to keep offices open on saturday and sunday, the 30th and 31st March 2013 throughout the country to receive returns.
Click here to view the order

Wednesday, March 6, 2013

Cadre restructuring underway in CBDT, CBEC : Revenue Secy


Cadre restructuring of CBDT and CBEC is underway, Revenue Secretary Sumit Bose has said.
This would lead to more commissioners to be deputed at appellate levels to deal with backlog of cases, Bose said at a post-budget meeting with FICCI members here today.

Income crossed Rs 5 lac ? efiling is mandatory.


Taxpayers with annual incomes exceeding Rs 5 lakh will be required to file their returns in the electronic form, a senior finance ministry official said today.
How to efile ? Click here to visit this video
The finance ministry is also making provisions for the e-filing of wealth tax returns.
“Income tax returns for the group above Rs 5 lakh will be e-filed. This is a move towards using technology so that the interface between the assessing officer and assessee is minimised,” revenue secretary Sumit Bose said at an industry event.
The government had last year introduced the system of e-filing of returns for assessees with an annual income of Rs 10 lakh and above.
Click here to efile your return

Friday, February 22, 2013

Income Tax Cadre Review Update

It is learnt from reliable sources in New Delhi that Cadre Review proposal has been cleared by group of secretaries. It will now move for Cabinet approval which is likely to be obtained within 31st March 2013.

Tuesday, February 19, 2013

ITEF to observe two days' strike, ITGOA keep safe distance

ITEF, the Group C organization of taxmen are going to observe two days' strike on 20 and 21st February 2013 in the line of Central Trade Unions but surprisingly the promotee officers' association (ITGOA) is not doing so. They are only extending "moral support" to their so called "brotherly" organization !!
ITGOA is keeping safe distance from this movement as in several occasions earlier. As they are not the strikers, no pay cut or other possible disciplinary action is going to be faced by them.
ITGOA is currently on a nationwide non cooperation for their demands, especially the promotion issue of the  Income Tax Officers for which they will sure look for the support of ITEF in near future because without the active participation of the lower level staff, their agitation will never get any momentum. Let's keep your finger crossed and watch whether ITEF supports their movement despite being isolated on the strike issue.
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