| Download ITR-1 (Saral –II), ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 as released by I-T department for A.Y. 2010-11 / F.Y. 2009-10 Posted: 12 May 2010 07:24 PM PDT 
CBDT notifies all ITR forms for A.Y. 2010-11. E-filing for AY 2010-11 will commence shortly. Relevant Tags:-income tax forms, Income Tax Return, Income Tax Return form for A.Y. 2010-11, ITR for A.Y. 2010-11, Income Tax Return form for F.Y.... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Income tax Department raids Educational institution SIES Posted: 12 May 2010 06:41 PM PDT 
The income tax (I-T) department raided the premises of the South Indian Education Society (SIES) and the residences of some of its office-bearers in an operation that continued till late evening on Tuesday. This is probably the first time an... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| I-T raid at the residence and office of father-in-law of film actor Bobby Deol Posted: 12 May 2010 06:28 PM PDT 
The Income Tax (I-T) department on Tuesday raided the residence and office of Devendra Ahuja alias Dev, promoter of Centurion Bank and MD of 20th Century Finance company. Ahuja is also the father-in-law of film actor Bobby Deol. I-T officials have... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Government Planning Tax-saving deposit scheme to fund loans to students, educational institutions Posted: 12 May 2010 06:25 PM PDT 
The government is drawing up a tax-saving bank deposit scheme that will raise funds for cheap loans to educational institutions and students aspiring to become doctors, engineers, fashion designers and software engineers. The human resource... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| DTC cast burden on accused to prove source or origin of hawala transactions Posted: 12 May 2010 06:21 PM PDT 
The income-tax authorities may soon get sweeping powers to investigate and prosecute those suspected of hawala transactions, creating a strong deterrent for the channel used extensively for money laundering. The proposed changes are likely to be... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| VAT Trade Cir – 16T of 2010 – Extension of Date for Physical Submission of Acknowledgement of Audit Report in Form 704 for the dealers Posted: 12 May 2010 06:12 PM PDT 
As per Trade Circular 13T of 2010 No. dated 31st March 2010 Last date for filing the Audit Report in form 704 for F.Y. 2008-09 was 30th April 2010.Dealers are required to submit "the statement of submission of audit report in form e-704" along with... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| MCA issued clarification on roadmap for Convergence with IFRS Posted: 12 May 2010 05:55 PM PDT 
A meeting of the Core Group constituted by the Ministry of Corporate Affairs for convergence of Indian Accounting Standards with the International financial Reporting Standards (IFRSs) from the year 2011 was held on 11th January, 2010 and on 29th... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| ICAI Pitches Strongly for Hosting the 19th World Congress of Accountants in 2014 Posted: 12 May 2010 05:48 PM PDT 
The Institute of Chartered Accountants of India (ICAI) here today organized a Press Conference at ICAI Bhawan. It was addressed by Mr Robert Bunting, President, International Federation of Accountants (IFAC),Mr Ian Ball, Chief Executive Officer,... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| RBI issued guidelines on Note Authentication and Fitness Sorting Parameters Posted: 12 May 2010 02:43 AM PDT 
RBI has finalised the guidelines on Note Authentication and Fitness Sorting Parameters after taking into account the comments received from various stakeholders including banks, equipment manufacturers and members of public. [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| RBI relaxed oversees borrowing rules for Infrastructure Finance Companies Posted: 12 May 2010 02:26 AM PDT 
India's central bank on Tuesday eased oversees borrowing rules for Infrastructure Finance Companies (IFC). The IFC's will not need the central bank's nod to raise overseas funds equivalent to or less than half of their own funds, the Reserve Bank... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Review of the policy on foreign direct investment in the manufacture of Cigarettes etc. Posted: 12 May 2010 02:21 AM PDT 
The present policy of Government of India permits 100% Foreign Direct Investment (FDI) under Government route Le. with prior approval of Foreign Investment Promotion Board (FIPB) in the manufacture of Cigars & Cigarettes, subject to obtaining... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| SEZ- Withdrawal of Instruction No. 45 Posted: 12 May 2010 01:29 AM PDT 
Instruction No. 56, dated 7-5-2010. I am directed to say that pursuant to Notification dated 13th January, 2010 operationalising Section 20, 21 and 22 of the SEZ Act, 2005, Instruction No. 45 dated 30th November, 2009 stands withdrawn w.e.f.... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Notification No. 61/2010-Customs-Rescinds Notification No. 26/2010-Customs, dated the 27th February, 2010-Seeks to provide exemption from Special CVD to Electrical energy, when imported into India Posted: 12 May 2010 12:37 AM PDT 
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Notification No. 60/2010-Customs- Rescinds Notification No. 25/2010-Customs, dated the 27th February, 2010-Seeks to provide exemption from customs duty on electrical energy other than the supply from SEZ to DTA Posted: 12 May 2010 12:21 AM PDT 
In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue), no.... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Notification No. 59 /2010- Regarding exemption to Raw cotton from customs duty Posted: 12 May 2010 12:18 AM PDT 
exempts Raw cotton falling under Heading No. 16 of the Second Schedule to the Customs Tariff Act, 1975 (51 of 1975), when exported out of India, from so much of the duty of customs leviable thereon which is specified in the said Second Schedule as... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
| Notification No. 26/2010-Central Excise- Rescinds Notification No. 18/2010-Central Excise, dated the 27th February , 2010-Seeks to provide exemption from excise duty on specified goods of chapter 24 Posted: 12 May 2010 12:13 AM PDT 
No. 18/2010-Central Excise, dated the 27th February , 2010, published in the Gazette of India Part II, Section 3, Sub-section (i) vide number G.S.R.120(E), dated the 27th February , 2010, except as respects things done or omitted to be done before... [[ This is a content summary only. Visit my website www.taxguru.in for full article ]]  |
