Category: Notifications

  • Demonetisation and conversion of Black to White money and penalty

    After Demonetisation on 8th november, also called surgical strike on black money many people have lost their sleep. People are looking at ways to convert their black money to white. They are all searching ways to minimise penalty and also avoid income tax. Impact of Demonetisation on 122 crore Indians Out of total 125 crore Indians, 122 […]

  • How to do Electronic Verification of ITRV

    Good news! Income Tax payers are no longer required to sign ITR-V and send ITR V To Banglore CPC. ITR-V can not now be verified online using Aadhar card and / or net banking. This is a much awaited initiative from Income tax department which is welcomed by all income tax payers. We are sharing […]


    Difference between Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY): Many of our blog readers are getting confused in between the latest launched Government Social Security Schemes Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). Since both of the schemes offer same insurance coverage […]

  • New Service Tax Rate Applicability

    The effective service tax rate, if and when the Swacch Bharat Cess is introduced, will not exceed 14.28%. This should be good news for those who feared that the service tax rates could go up to 16% after the cess is imposed. The cess may be imposed sometime after June, it is widely felt. Experts […]

  • Holidays To Be Observed In Central Government Offices During The Year 2015

    List of Holidays in Income Tax Office It has been decided that in the Annexure-I the holidays as specified will be observed in all the Administrative Offices of the Central Government located at Delhi/New Delhi during the year 2015. In Annexure-II, by him/her out of the list of restricted holidays each employee will also be […]

  • Late filing of Income tax Return after 31.07.2014

    Due date for filing tax return was 31.07.2014 ( 31 st July ) for all Individuals getting salary and running their own business or profession or working as free lancer. Due date for assessee who are required to get their books audited, the last date for filing return is 30th September. But , question is can […]

  • Return Filing camp in Delhi will remain open on Saturday and Sunday

    Income Tax Return filing Camp will start from 25th july 2014 till 31 st july 2014. These camps will remaim open on Saturday ( 27 th July 2014) and Sunday ( 28th july 2014) Location of these camps: In Delhi These camps will be held at Pratyakshar Bhawan, Civic City , Minto Road, New delhi. […]

  • Which ITR should I use for Filling tax return – ITR 1 or ITR2

    Income Tax Return filing last date is 31st july 2014 for non- Audit cases. There is lot of confusion among tax payers, which is the correct income tax form. Whether I should use ITR 1 or ITR 2. Who can use ITR 1 ITR–1 Form is to be used by an Individual having income from […]