NOTIFICATION NO. 35/2011 [F. NO. 142/5/2011-TPL] DATED 23-6-2011 In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue),
New Delhi, dated the 24th June, 2011 PRESS RELEASE The Government of India signed a Protocol, amending Double Taxation Avoidance Agreement (DTAA) with Government of Singapore for effective exchange of information in the tax matters on 24th June, 2011. The Protocol as signed by Shri Prakash Chandra, Chairman, Central Board of Direct Taxes on behalf
CBDT started the facility to verify the genuineness of TDS certificate issued by the deductor. Now deductee can view the TDS certificate from the nsdl site while viewing tax credit statement (form 26AS). To know the process click on the link given below: CBDT_Notice
Government has constituted a committee examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer abroad and its recovery. The committee shall consists of the following officers: 1. Chairman, CBDT – Chairman of committee 2. Member (L&C), CBDT-Member 3. Director, ED – Member 4. DG, DRI – Member 5.
CBDT issued a press release regarding Exemption from filing I-T return for persons with income up to Rs 5 lakh key points are as under: No.402/92/2006-MC (14 of 2011) Dated the 23rd June, 2011 PRESS RELEASE The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs.5
