Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: VAT RATES :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: VAT Audit :: empanelment
Indirect Tax »
 Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease premium paid for acquisition of long term lease-regarding
 CBDT seeks monthly data of disposed I-T appeals
 Further indirect tax may be levied in 2017
 India has to make its own tax law
 Centre warns against criticism of GST network
 Indirect tax collection jumps 26% in April-September, direct tax 9%
 Indirect Tax collections up
 Thank you note from income tax department
 Tax dept scanning IDS disclosures filed through post
 Poor management cause of financial pressure on Centre
 GST to have short-lived impact on inflation: RBI

ClearTax to help non-filers respond to tax notices with new monitoring system
December, 16th 2015

Tax e-filing website ClearTax today said it will help non-filers respond to the notices sent to them via I-T Department's monitoring system NMS.

"ClearTax can help tax payers suitably respond to notice from Non-filers Monitoring System (NMS) of the tax department.

It targets those who haven't filed income tax return but may have tax dues or anyone who has a break in their tax filing record.

We can also help tax payers prepare and file their tax return where required.
"Details of the notice as well as source (based on which compliance notice has been sent) has been provided by the tax department and there is no reason for any apprehension regarding this notice," the company said in a statement.

NMS is a project launched by the Income Tax Department through which it identifies non-filers with potential tax liabilities and monitors them.
It targets those who haven't filed income tax return but may have tax dues or anyone who has a break in their tax filing record.
Anyone who earns an income of more than Rs 2,50,000 must file an income tax return.

I-T Department has identified filers through AIR (Annual Information Return), CIB (Centralised Information Branch) and TDS statements. The tax department is sending out SMSs, emails and letters to these non-filers, ClearTax said.

The last date to submit a response to such a notice is December 15, 2015.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

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