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 STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: cpt :: list of goods taxed at 4% :: form 3cd :: empanelment :: VAT Audit :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India
 
 
General »
 FinMin wants RBI to lower rates, boost domestic demand
 Employees may have to bear the GST burden on benefits
 Advance tax payout by top cos grows just 2% in Sept quarter
 Why abolishing personal income tax may not be a good idea
 Questions about the GST cess
 How to prepare for the looming tax-extension deadline
 Income tax: Gratuity for employees raised to Rs 20 lakh; here is how you will benefit
 Haryana to set up scrutiny panel on GST benefits
 Waive certain taxes for companies in insolvency proceeding
 I-T department to appoint 7600 more tax return preparer scheme to cover entire country
 All eyes are on GST as Centre plans higher social pension

Income Tax issues Rs 25,000 cr refunds; to issue more
May, 09th 2011

The Income Tax department has issued 40 lakh refunds worth Rs 25,000 crore in the current financial year to taxpayers and orders have been issued to generate the remaining few lakhs soon.

Central Board of Direct Taxes (CBDT) Chairman Sudhir Chandra gave the figures while addressing the top brass and officials of the I-T department across the country through video-conferencing from his North block office here today.

He said the department has successfully achieved the tax collection target of Rs 4.46 crore despite issuing 85 lakh refunds worth Rs 74,000 crore in 2010-11.

Chandra, during his about two-hour-long conference, asked the I-T officials to rectify all Tax Deducted at Source (TDS) mismatch applications and improve taxpayer facilities with regard to issuing refunds.

According to a senior I-T official, he also asked the department officials to improve the condition of Income Tax offices after he recently found out the poor maintenance of the offices in a surprise visit.

While Chandra congratulated I-T officials for issuing record refunds to taxpayers, he pointed out that top officials of the department should visit mofussil offices their jurisdiction regularly, which are thronged by taxpayers everyday for tax related grievances and complaints.

"Offices were cluttered with old and obsolete furniture and typewriters, dilapidated coolers, broken tubelights -- all covered with thick layers of dust, and basic amenities like water coolers were not functioning," Chandra recently wrote in his letter to senior I-T department officers.

Expressing displeasure over the "indifferent attitude" of some senior officers towards junior colleagues, he had asked them to "assume leadership role".

Chandra had also rapped top I-T officials for the "total disconnect" between the Chief Commissioners of I-T and their subordinate staff.

He had advised all the Chief Commissioners and Commissioners to "regularly visit all their mofussil offices, establish a connect with the officers and staff posted there and motivate and provide them with the best of office conditions to enable them to give their very best to the nation."

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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