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
 
 
Popular Search: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: form 3cd :: ACCOUNTING STANDARD :: VAT Audit :: due date for vat payment :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: TDS :: list of goods taxed at 4% :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment
 
 
From the Courts »
 Shri Varun Sharma, Prop. of M/s. Sharma Optical & Lens Clinic, III-M/R-13, Nehru Nagar, Ghaziabad 201 001 (U.P.) vs. ITO, Ward 2 (1), Contact Ghaziabad.
 Uranium Consultancy Services Pvt. Ltd., Flat No-10, C-1/2, Model Town, Delhi-110009. Vs ITO, Ward-18(2), New Delhi.
 Global One India P.Ltd. DSO 601-603, 607-6086 th floor, DLF South Court, Saket New Delhi vs. ACIT, Circle 12(1) New Delhi
 ACIT, Central Circle-18, Room No-327, Ara Centre, E-2, Jhandewalan Extn., New Delhi-110055 Vs Rashmi Chaturvedi, 305, 3rd Floor, Bhanot Corner, Pamposh Enclave, G.K.-II, New Delhi.
 Assistant Director of Assistant Director of Income Tax, Income Tax, International Taxation, International Taxation, Dehradun. Dehradun. Vs.. M/s Dolphin Drilling Limited, M/s Dolphin Drilling Limited, M/s Dolphin Drilling Limited, C/o Nangia & Co., C/o Nangia & Co., 75/7, Rajpur Road, 75/7, Rajpur Road, Dehradun. Dehradun.
 Golden Cross Pharma Pvt. Ltd. 12, Gunbow Street, Fort Mumbai-400 001. Vs. The Asstt. Commissioner of Income tax, Range-6(3) 5th Floor, Aayakar Bhavan, Room No.509/562 M.K. Road Mumbai-400 020.
 M/s. Lynx Synergy & Solutions P. Ltd. Income Tax Officer - 5(2)(3) A-307, Virwani Industrial Estate Mumbai 3rd Floor, Western Express High Way Vs. Goregaon (E), Mumbai 400063
 REVIEW PETITION (CIVIL) NO. 837 OF 2014 IN WRIT PETITION (CIVIL) NO. 246 OF 2011ABP Pvt. Ltd. & Anr. Vs. UOI & Ors.
 M/s. Jagruti Resins Pvt. Ltd. Bhansali House, 1st Floor, Plot No.5A, Off V.D. Road, Andheri (W), Mumbai - 053 Vs. ITO 8(2)(1) Mumbai - 400020
 M/s. Instant Holdings Limited (Formerly known as M/s. KEC Holdings Ltd.) 1st Floor, Ceat Mahal, 463, Annie Besant Road, Mumbai 400 030 Vs. Dy. CIT 6(2), Mumbai
 DCIT, Circle 10 (1), New Delhi. Vs. Digital Radio (Kol) Broadcasting Ltd., 401, Dakha House, 18/17, WEA, Karol Bagh, New Delhi.

Notification reg. extension of filing Income Tax return
July, 25th 2006

F.No.142/41/2005-TPL(Pt.)

Government of India

Ministry of Finance

Department of Revenue

(Central Board of Direct Taxes)

________

 

New Delhi, the 24th July, 2006

 

ORDER UNDER SECTION 119(2)(b) OF THE INCOME TAX ACT

 

 

1.         Representations have been received from taxpayers in Mumbai seeking extension of the due date for filing the return of income since taxpayers could not finalise their books of account due to disturbance in Mumbai.  Further, the Taxation Laws (Amendment), Act, 2006 received the assent of the President on 13th July, 2006.  Since some of the provisions of the amending Act are applicable for assessment year : 2006-07, it is necessary  to provide more time to certain class of  taxpayers for filing their return of income.

 

2.         The first return of fringe benefit tax is due on 31st July, 2006 for certain class of taxpayers.  The Finance Minister had earlier announced that the return of fringe benefit tax will be combined with return of income so that the taxpayers do not have to file multiple returns.  The returns of income for assessment year : 2006-07 were under comprehensive review and, therefore, could be notified only on 24th July, 2006.  The new return forms are combined forms  for both income and fringe benefits.  However, a separate return for fringe benefits(Form No.3B) has also been notified for tax payers who have already filed their income tax return or choose to file their income tax return in Form No.2D or who are liable to furnish  the return of fringe benefits  only.  Accordingly, it is necessary to allow some more time to the taxpayers to familiarize themselves with the new return forms and compile the information called for therein.

 

3.         In view of the above, the Central Board of Direct Taxes hereby extends the due date for furnishing return of income and/or return of fringe benefits for assessment year : 2006-07 from 31st July, 2006 to 31st October, 2006 in all cases of non-corporate taxpayers (including partners of the firms and charitable trusts  and institutions).

 

4.         However, in the case of individuals and HUFs not having income under the head Profits and gains from business or profession, the due date for filling of return of income shall continue to be 31st July, 2006.

 

 

Sd/-

(Sharat Chandra)

Secretary, Central Board of Direct Taxes

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2014 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

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