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: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: Central Excise rule to resale the machines to a new company :: empanelment :: VAT Audit :: due date for vat payment :: list of goods taxed at 4% :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: TDS :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt
 
 
Direct Tax »
 GST Council relaxes return filing rules for July-Aug
 Here's how self-employed individual can file tax return with ITR4
 CBDT mulling new system of jurisdiction-free I-T assessment to curb corruption
 CBDT draft notice on computing tax liability of foreign firms
 CBDT forms task force for jurisdiction-free income tax assessment system
 Aadhaar must for filing returns from July 1: CBDT
 Aadhaar mandatory for filing I-T returns and obtaining new PAN card from July 1: CBDT
 Central Board of Direct Taxes cuts profit margin for safe harbour rules
 What is TDS and how does it work?
 Income tax return: Do super senior citizens have to file returns?
 Investors cheer retailers facing lower tax rates

Bangalore to have office of Principal Chief Commissioner of Income Tax
May, 10th 2014

The Union government has sanctioned the office of the Principal Chief Commissioner of Income Tax in Bangalore with jurisdiction over all the I-T offices in Karnataka and Goa. This is to ensure effective monitoring of the functioning of the offices in the jurisdictional area and upscale I-T and TDS collections.

Chief Commissioner of Income Tax, Hubli, P.K. Sharma told presspersons here on Friday that Karnataka and Goa were at present under the Principal Chief Commissioner of Income Tax in Chennai.

The new Principal Chief Commissioner of Income Tax was expected to be posted in Bangalore before July-end, and at present, the Additional Principal Chief Commissioner of Income Tax in Chennai was holding the additional charge of Principal Chief Commissioner in Bangalore.

To a question, he said I-T offices in the district headquarters of Yadgir and Koppal, which were carved out of Gulbarga and Raichur districts, would be established at the earliest. The Gulbarga Commissionerate of Income Tax has submitted a proposal on this to the government.

Mr. Sharma said the Chief Commissioner’s office in Hubli, having jurisdiction over 14 districts in north Karnataka, was likely to emerge as the leading office in the collection of I-T for 2013-14. There had been general buoyancy in I-T collection throughout the country during 2013-14. While the average increase in I-T collection was 13 to 15 per cent over the target in the country, the Hubli office recorded a 42 per cent increase during 2013-14, he said.

The government had fixed the target of Rs. 820 crore for I-T collection and Rs. 1,150 crore for TDS for 2013-14 for the districts coming under the jurisdiction of the Hubli office. “We have exceeded the target by more than 42 per cent.” The exact figures of the I-T and TDS collections were being finalised, he said.

To a question, he said that for the Gulbarga Commissionerate, the initial target of Rs. 450 crore for I-T collection was revised to Rs. 550 crore. “The commissionerate had exceeded the revised target and achieved a collection of Rs. 580 crore.”

Earlier, Mr. Sharma inaugurated the Aayakar Seva Kendra on the Gulbarga Commissionerate premises. He said such a kendra had been established in Raichur and one would be inaugurated in Bellary next week.

Commissioner of I-T in the Gulbarga Commissionerate P. Ganeshan and Additional Commissioner Venkatram were present.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Wholesale Silver Jewelry

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