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23/11/2014

RBI/2014-15/306A.P. (DIR Series) Circular No. 37 November 20, 2014 To, All Category - I Authorised Dealer Banks Madam / Sir, Export of Goods / Software / Services – Period of Realisation and Repatriationof Export Proceeds – For exporters including Units in SEZs, Status HolderExporters, EOUs, Units i…

30/09/2014

23/09/2014

LATEST & Most Awaited News from Delhi High Court in case of Mahesh Kr & Co. Vs UOI & ors WP 5990/14 reg issue of furnishing Tax Audit Report subsequent to filing of ITR & Dt.extension.--


Petitioner's Counsel Ms Rashmi Chopra gracefully seeks permission to withdraw. Court orders "Petition Dismissed as withdrawn."CBDT's counsel urges that case has travelled so far and CBDT has granted relief by way of affidavits. However Court expresses the view that nothing remains once petition is withdrawn.



However, relief already stands granted to assessees by Gujrat HC. As, it has directed CBDT to extend date of filing ITR to 30th Nov 2014. CBDT yet to issue notification for same.


Case adjourned for tomorrow in Bombay High Court.



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LATEST & Most Awaited News from Delhi High Court in case of Mahesh Kr & Co. Vs UOI & ors WP 5990/14 reg issue of furnishing Tax Audit Report subsequent to filing of ITR & Dt.extension.-- Petitioner's Counsel Ms Rashmi Chopra gracefu

23/09/2014

I-T dept launches enhanced, 'Single Window' Website for taxpayers

A revamped online portal of the Income Tax department was launched on Monday which will enable taxpayers to file returns or apply for a PAN card through a 'single window' format.

Taxpayers so far had to go to different official websites of the I-T department for these matters.

"An updated version of the website - www.incometaxindia.gov.in - will act as the 'single window' for all activities and online services offered by the I-T department.



"Finance Minister Arun Jaitley was supposed to inaugurate it but due to medical compulsions he could not do so," said a senior I-T official.



As the website is an important tool for taxpayers, the department launched it on Monday without any delay, the officer added.



The new version of the website has been made more user- friendly and robust and can handle a larger number of visits at a time, the officer said, adding that all the links to PAN card data and e-filing have been centralised on this portal.



"The new website has enhanced features and taxpayers will be able to file their I-T returns online and even apply for a PANon this portal. (These aspects) were till now hosted on a different official web address of the department," the officer said.



Apart from I-T rules and laws, the website also has 106 other Acts under the IPC and CrPC for ready reference.



Separate icons have been provided on the improved portal providing the locations of various I-T offices in the country, including that of the important office of the 'Ombudsman'.

The website will also allow taxpayers to get information about various notices and circulars which are issued from time to time along with other regular developments in the department.



The Central Board of Direct Taxes (CBDT) had envisaged such a website in its ambitious 'Vision 2020' document prepared a few years back and the new website is a culmination of efforts to give better services to taxpayers, the officer said. - PTI

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