Tuesday, May 18, 2010

Scaling of Mount Everest by Income Tax Officer, Kolkata.

The Income Tax Department is extremely happy and proud to announce that Shri Debasish Biswas, an Income Tax Officer of West Bengal region has scaled the Mount Everest on 17th May, 2010 at 7:45 hours. Shri Biswas was accompanied by two other employees of the Income Tax Department, Kolkata region viz Shri Sourav Sinchan Mondal, Senior Tax Assistant and Shri Bivash Sarkar, Stenographer. Both of them were core members of successful team. This achievement is a matter of great honour for the Income Tax Department as a whole.

Sunday, May 16, 2010

I-T dept planning to bring rural traders into tax net

The Income Tax department is looking at bringing rural traders and others into the tax net.

The department which is attempting to expand the taxpayer base in the country will now focus their attention on a large swathe of rural businesses that have so far remained untouched.

"We are planning to increase the taxpayers base. A number of taxpayers and assessees that the department would include will be from the rural areas," CBDT Member (Revenue) Durgesh Shankar told PTI.

There are a large number of people who do not pay tax.

Tax avoidance is a great worry and the department would strengthen the mechanism to include such assesses in the income tax fold, Shankar said.

The I-T department has found that the income generated from numerous kinds of businesses conducted in rural areas can be brought under the tax net.



Source : PTI News

Thursday, May 13, 2010

New Income Tax Return Forms for Assessment Year 2010-11.

View the notification

ITR 2
For Individuals and  HUFs not having Income from Business or Profession

ITR 3
For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship
ITR 4
For individuals and HUFs having income from  a proprietory business or profession

ITR 5
For firms, AOPs and BOIs

ITR 6
For Companies other than companies claiming exemption under section 11 
ITR 7
For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D) 

ITR V
Where the data of the Return of Income in Forms Saral-II (ITR-1), ITR-2, ITR-3, ITR-4, ITR-5 & ITR-6  transmitted electronically without digital signature.











Thursday, May 6, 2010

New Income Tax Return Form SARAL II for Assessment Year 2010-11.

CBDT notifies New Income Tax Return Form SARAL II (ITR 1) for Assessment Year 2010-11 for Individuals having income from Salary/Pension/Income from One House Property (Excluding loss brought forward from previous years) / Income from Other Sources (Excluding winning from Lottery and Income from Race Horses). CBDT also notifies Income Tax Return Verification Form ITR-V for Assessment Year 2010-11 for SARAL II (ITR-1) ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 & ITR-8 transmitted electronically without digital signature.

View the Notification

View The Return Form (SARAL II)



Thursday, April 22, 2010

Dept. Exam for ITOs and ITI's in Old and New Pattern : Result published.

Result of the ITO's Exam 2009 has been published. The Exam was conducted in two pattern , Old and new.
In the New Pattern the percentage of qualifying percentage is very low while there are lot of successful candidates in the old pattern.


The result is available in the Dept. website.
For ITO Exam.


View the result in the Old Pattern.


View the result in the New Pattern.

For ITI's Result


Click here for Old Pattern


Click here for New Pattern
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