1. The soft ITR Form 1, Form 2, Form 3 and ITR 4S are available now at Income Tax E- filling website. Please use it and start filing Returns.
2. Money laundering law rigorous jail, hefty fines await tax offenders Tax evaders could be in for trouble as the government is mulling placing tax crimes on a par with money laundering offences that have severe criminal and financial implications.
3. Banks charging as percent of value of instruments for outstation/speed clearing for instruments > 1 lac to fix charges on cost-plus. RBI Circular dated 11-05-2012.
4. Today (15-05-2012) is last date for filing TDS/TCS Returns for Q4 of FY 2011-2012 for all deductors including Government deductors.
UPDATES:
ReplyDelete1.Provident Fund balance to be updated every month subscribers of the Employees' Provident Fund Organization (EPFO) will soon be able to check the balance of their Provident Fund(PF).
2.The Chief Commissioner of Income Tax Pune invites applications from qualified Chartered Accountants/firms of CAs for empanelment to carryout special Audit u/s 142(2A) of the Income Tax Act 1961.The remuneration for the special Audit is governed by Rule 14B of the IncomeTax Rules, 1962.