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Jul 5, 2009

UPDATES FROM TAX GURU 06.07.2009

UPDATES FROM TAX GURU 


UOI vs. Dharmendra Textile 306 ITR 277 (SC) on 271 (1) (c) penalty distinguished

Posted: 05 Jul 2009 06:31 PM PDT


CIT vs. Haryana Warehousing (Punjab & Haryana High Court)The assessee claimed that its entire receipts were exempt from tax u/s 10 (29). The AO took the view that only income...

Income Tax Refund- Know the Status and generally asked questions

Posted: 05 Jul 2009 12:31 AM PDT


Introduction:- The refund banker has been implemented from January 24, 2007. The refund banker facility is initially operational for taxpayers assessed in specific charges in Delhi, Patna, Bangalore,...

Waiver of penalty in certain cases for non-filing of return within prescribed time

Posted: 05 Jul 2009 12:09 AM PDT


TRADE CIRCULAR Date:   4th July, 2009 No. VAT/ AMD-1009/IA/ ADM-06 Trade Cir. 21T of 2009 Sub    :    Waiver of penalty in certain cases for non-filing of return within prescribed time. Ref. :   ...

New software to speed up the process of filing income-tax returns

Posted: 04 Jul 2009 10:58 PM PDT


Speeding up the process of filing income-tax returns and making it more convenient, a software called `Uttam Sewa' has been prepared by the department concerned to facilitate the work of over...

What mode to use to send ITR to Bangalore-Speed post, Registered Post , Courier, Ordinary Post?

Posted: 04 Jul 2009 09:09 PM PDT


Dear Taxpayers, Please furnish the Form ITR-V to the Income Tax Department, CPC, Post Bag No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka BY ORDINARY POST ONLY within...


With Regards, 
CA Sandeep Kanoi 
Website: http://www.taxguru.in/ 
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UPDATES FROM TAXGURU