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 Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: form 3cd :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: TDS :: cpt :: due date for vat payment
 
 
« Indirect Tax »
 GST may lead to better operating profit margin for multiplex operators
 Indirect taxes must equal direct taxes
  Income Tax dept issues notices to ‘farmers’ claiming suspect agricultural income
 GST would match or be lower than the multiple indirect taxes on real estate
 Tax incidence under GST lower than current indirect taxes
 Here's the complete list of pre-GST discounts being offered by companies
 Applicability of Explanation 2 to Section 132B of the I.T. Act, 1961- reg.
 Here’s all you need to know about TDS and why it is deducted
 New indirect tax regime
 Income tax rates, tax-free limit to stay unchanged
 Revised tax reform bill to benefit consumers

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 2017 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