Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: VAT Audit :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: ACCOUNTING STANDARDS :: empanelment :: list of goods taxed at 4% :: due date for vat payment :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: cpt
 
 
Direct Tax »
 Government sets up a panel to draft new direct tax law
 High court judges, experts brainstorm on likely GST litigations
 Businesses need not deduct GST on advances received for goods supply: CBEC
 Redress taxpayers' grievances on priority: CBDT to I-T department
 No tax relief on EPF interest if not employed: ITAT
  CBDT signs 7 more unilateral APAs with taxpayers
 Income tax returns (ITR) filing: Get capital gains tax exemption on new property; here is how
 Reach out to non-filers of GST returns: CBEC to fields offices
 CBDT may shelve plan to seek corporate tax estimates in advance
 IT expertise at banks' board level a must, says RBI ED
 Clarification on Indirect Transfer provisions in case of redemption of share or interest outside India under the Income-tax Act, 1961

I-T Department's website not accessible for six days: CBDT
November, 03rd 2012

I-T Department's website incometaxindiafiling.gov.in is not accessible for six days from tomorrow as the portal is being upgraded to provide more facilities like help desk.

"The current e-filing website is being revamped to a new e-filing website with additional services. The current web services will remain closed with effect from November 3 to November 8, 2012," the Central Board of Direct Taxes (CBDT) said.

The web services will resume from November 9, it added. "...looking to the overwhelming response from the taxpayers and growth of e-filing, a new e-filing project was conceptualised in order to take the e-services to the next generation," it said.

In order to make the new portal "live", the migration of data from the old to the new set up is in process and hence the portal will not be available for the six days to file returns, the CBDT said.

Besides companies and other entities, e-filing is compulsory for individuals having total annual income of more than Rs 10 lakh.

The CBDT said under the new e-filing setup not only income tax return (ITR) forms, but also other IT forms are proposed to be made available for electronic filing along with other web-enabled services.

"The e-filing services will resume with various new additional services like multiple mode of e-filing of returns: help desk through call centre and e-mail support, provision of online forms, pre-filing of data in forms, and availability of offline e-forms," the CBDT added.

Income Tax Department had received 1.64 crore e-returns in 2011-12, up by over 81 per cent over the previous year.

As on March 31, 2012, over 1.9 crore taxpayers had registered for e-filing.

Meanwhile, the time limit has been extended for filing the ITR-V Forms relating to income tax returns filed electronically (without digital signature) for assessment year (AY) 2010-11 and 2011-12 to December 31 or within 120 days date of uploading of the electronic return data, whichever is later.

The due date for submission of ITR-V is 120 days from the date of upload of e-return. The CBDT said that relaxation has been made since there are still a large number of e-returns relating to AY 2011-12 which had been filed but for which the ITR-V forms have not yet been received at the Centralised Processing Centre (CPC), Bengaluru.

The time limit has been extended to mitigate the hardship and grievances of taxpayers "who have been prevented by reasonable causes" to file the ITR-V form in time. Digital Signature Certificate is mandatory for firms and individuals whose accounts are required to be audited.

However, digital signature is not mandatory for individuals with annual income of over Rs 10 lakh, but they have to submit the verification of the return in Form ITR-V (Income Tax Return Verification).

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions