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ITR-V filing after efiling of return without digital signature is a condition to make the return filed a valid return. CBDT has extended the date of filing of ITR-V for assessment year 2010-11 and 2011-12 to 31st December 2012 . The ITR-V can be sent either by ordinary post or speedpost. The Relaxation has been...
Assessee-company had given various persons contracts for manufacturing footwear, apparel accessories and sports goods according to specifications, drawings and designs provided by assessee . It argued that no TDS is required on payments to such contarct manufacturing as it is contract for sale whereas the the Assessing Officer found assessee to be in default as [...]
If you submit income tax returns online, you might not need to mail the Income Tax Returns Verification (ITR-V) to the CPC Banglore within a specified period.Otherwise the tax return is considered invalid. The good news is that Income Tax department is working on an estimate where individual taxpayers, that do not have an electronic [...]
The trust ,political parties ,research association, institutions, section 25 Companies were facing difficulties as no return form for ITR-7 was notified for assessment year 2012-13. Download the new form INCOME-TAX (EIGHTH AMENDMENT) RULES, 2012 – SUBSTITUTION OF FORM ITR-7 NOTIFICATION NO. 29/2012 [F.NO. 142/31/2011-TPL]/SO 1705(E), DATED 26-7-2012 In exercise of the powers conferred by section [...]
When you submit return online ( efiling ) without digital signature, you need to post the ITR-V to CPC , Banglore as proof of filing the return without digital signature. There is time limit for sending the ITR-V and in case you do not send the ITR-V within time, the return filed even though online...
The tax deduction u/s 80DDB of the Income Tax Act provides relief to tax payers who are individual … [Read More...]
A video reports on tax planning by US based corporate to shift their office elsewhere in other … [Read More...]
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