Procedure to Reset Password of efiling of Income Tax Return

Procedure for Filing Income Tax Settlement Application- Admission, Validation and settlement of the Application Posted: 13 Jan 2012 05:55 PM PST Procedure for Filing Settlement Application Settlement application is to be filed only in the prescribed Form No.34-B notified under the Income Tax Rules, 1962. The form has to be signed by the applicant himself. The Form has to be... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Income Tax Settlement Commission – Frequently Asked Questions Posted: 13 Jan 2012 05:44 PM PST 1. What is meant by Settlement in respect of tax disputes? How is it different from the appellate process? Settlement of disputes relating to Income Tax and Wealth Tax is based on the objective of dispute resolution Alternate. It is in the nature... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Provisions of DTC Bill, 2010 relating to Settlement Commission Posted: 13 Jan 2012 05:38 PM PST 1. Time-Limit - DTC has kept the time limit for passing final settlement orders under Section 245D(4) at 18 months, as in the IT Act, 1961, however has increased various internal time-limits as under: [[ This is a content summary only. Visit www.taxguru.in for full article.]] Exemption to Trust U/s. 11 of Income Tax Act can not be denied if Payment made to concerns covered U/s. 13(3) not excessive Posted: 13 Jan 2012 04:12 PM PST DDIT(E)-II Vs. M/s. Rock Church Ministries (ITAT Hyderabad ) The purpose of section 13(1)(c) is to deprive a religious or charitable trust from exemption if it is found that its income is used or applied, directly or indirectly, for the benefit of... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Direct Tax Code- Proposed Changes in Transfer pricing regulations Posted: 13 Jan 2012 04:09 PM PST The issue of transfer price affects various types of taxes. Under Custom Laws, special valuation branch examines the validity of the transaction value between associated enterprises. In Service Tax law, service tax has been imposed on import of... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Rule 8D not applicable to Assessment years prior to the year in which Rule 8D comes in to force Posted: 13 Jan 2012 03:42 PM PST Dipajyoti Resouces Pvt. Ltd. Vs. ITO (ITAT Kolkata) - After hearing the rival submissions and on careful perusal of materials available on record keeping in view of the fact that since the assessment year involved in this appeal is relating to A.Yr.... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Procedure to Reset Password of efiling of Income Tax Return Posted: 13 Jan 2012 02:35 AM PST If you have forgotten your password for the Login ID that you had created for efiling of Income tax return and to view Tds Credited ( 26AS) in your account. There is a control that you can create only single account with one PAN No. So if you want... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Investing In 2012 Posted: 13 Jan 2012 02:18 AM PST Yet another not so good year 2011 has passed by. It was neither good for economy, nor for politics or for investors. While investors suffered on account of higher inflation, higher interest rates and higher petrol prices on one hand, capital markets... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Government grants sanction to prosecute Google, Facebook and 19 other social networking sites Posted: 12 Jan 2012 10:18 PM PST Google, Facebook and 19 other social networking sites faced legal action for offences of promoting enmity between classes after the Government granted sanction to prosecute them. The Government today told a Delhi court there is sufficient material... [[ This is a content summary only. Visit www.taxguru.in for full article.]] CBI Arrests a Commissioner Of Central Excise, Delhi In Bribery Case Posted: 12 Jan 2012 09:32 PM PST The Central Bureau of Investigation has today arrested Commissioner of Central Excise, Delhi in an on-going investigation in a case registered against him; a Superintendent, Central Excise, New Delhi; a middleman and others for demanding an illegal... [[ This is a content summary only. Visit www.taxguru.in for full article.]] FM – Stress has to be put on direct tax collection Posted: 12 Jan 2012 09:21 PM PST Finance Minister Pranab Mukherjee today said stress has to be put on direct tax collection as part of the country's revenue generation exercise. While the amount of direct tax collected last year was Rs 5,96,000 crore, the indirect tax collection... [[ This is a content summary only. Visit www.taxguru.in for full article.]] RBI – Foreign investment in Single – Brand Retail Trading – Amendment to the Foreign Direct Investment (FDI) Scheme Posted: 12 Jan 2012 08:31 PM PST A. P. (DIR Series) Circular No. 67 - it has now been decided that FDI up to 100 per cent would be permitted in Single Brand product trading under the Government route subject to the terms and conditions as stipulated in Press Note No. 1 (2012... [[ This is a content summary only. Visit www.taxguru.in for full article.]] (I) Scheme for Investment by Qualified Foreign Investors in equity shares (II) Scheme for Investment by Qualified Foreign Investors in Rupee Denominated Units of Domestic Mutual Funds – Revision Posted: 12 Jan 2012 08:30 PM PST A. P. (DIR Series) Circular No.66 Attention of Authorised Dealers Category – I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No.8 dated August 9, 2011 and A.P. (DIR Series) Circular No. 42 dated November 3, 2011 in terms of which... [[ This is a content summary only. Visit www.taxguru.in for full article.]] e-Payment through ICEGATE for all Custom Locations Posted: 12 Jan 2012 08:30 PM PST Users can now avail facility of e-Payment through ICEGATE for all Custom Locations from any of the following authorized Banks w.e.f. 16th Jan, 2012. [[ This is a content summary only. Visit www.taxguru.in for full article.]] SEBI circular on Investment by Qualified Foreign Investors (QFI) in Indian equity shares. Posted: 12 Jan 2012 08:25 PM PST CIRCULAR No, CIR/ IMD/FII&C/3/2012, The Central Government, vide press release dated January 1, 2012 has announced its decision to allow QFIs to directly invest in Indian equity market in order to widen the class of investors, attract more... [[ This is a content summary only. Visit www.taxguru.in for full article.]] RBI Guidelines on Compensation of Whole Time Directors / Chief Executive Officers / Risk takers and Control function staff, etc Posted: 12 Jan 2012 08:21 PM PST The compensation practices, especially of large financial institutions, were one of the important factors which contributed to the recent global financial crisis. Employees were too often rewarded for increasing the short-term profit without... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Regarding Revised roles and functions of CIT (CO) Posted: 12 Jan 2012 08:20 PM PST The existing role and functions of CIT(CO) had been defined with reference to erstwhile Regional Computer Centres (RCCs) and they were also acting as Nodal points for distribution of hardware etc. in the initial phases of Computerisation in the... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Revised Treaty of Trade between India and Nepal Posted: 12 Jan 2012 08:18 PM PST Circular No. 958/1/2012-CX Pursuant to Revised Treaty of Trade between Government of India and Government of Nepal, exports to Nepal have been put at par with exports to other countries ( except Bhutan). In this regard, six Notification Nos.... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Seeks to impose anti-dumping duty on imports of Saccharin originating in, or exported from, People's Republic of China Posted: 12 Jan 2012 08:17 PM PST Notification No. 7 /2012-Customs (ADD) Govt. imposes anti- dumping duty on the goods, the description of which is specified in column (3) of the Table below, the specification of which is specified in column (4) of the Table below, falling under... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Rescinds Notification No. 136/2009-Customs, dated the 9th December, 2009 Posted: 12 Jan 2012 08:16 PM PST Notification No. 6/2012-Customs (ADD) In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Regarding anti-dumping duty on imports of Cellophane Transparent Film (CTF) originating in, or exported from, People's Republic of China Posted: 12 Jan 2012 08:15 PM PST Notification No. 5/2012-Customs (ADD) In the matter of continuation of anti-dumping duty on imports of Cellophane Transparent Film (CTF), falling under Chapter 39 of the First Schedule to the said Customs Tariff Act, originating in, or exported... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Regarding import of Phosphoric Acid of all grades and all concentrations (excluding Agriculture / Fertilizer Grade) originating in, or exported from, Israel and Taiwan Posted: 12 Jan 2012 08:14 PM PST Notification No. 4/2012-Customs (ADD) – Whereas, in the matter of import of Phosphoric Acid of all grades and all concentrations (excluding Agriculture/Fertilizer Grade) (hereinafter referred to as the subject goods), falling under tariff item... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Seeks to impose anti-dumping duty on imports of Nylon Filament Yarn originating in, or exported from, People's Republic of China, Chinese Taipei, Malaysia, Thailand and Korea RP Posted: 12 Jan 2012 08:13 PM PST Notification No. 3 /2012-Customs (ADD) designated authority, hereby imposes anti- dumping duty on the goods, the description of which is specified in column (3) of the Table below, specification of which is specified in column (4) of the Table... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Seeks to impose anti-dumping duty on imports of Silk fabrics originating in, or exported from, People's Republic of China Posted: 12 Jan 2012 08:12 PM PST Notification No. 2 /2012-Customs (ADD), in exercise of the powers conferred by sub-section (1) read with sub-section (5) of section 9A of the said Customs Tariff Act, 1975 read with rules 18 and 23 of the Customs Tariff (Identification, Assessment... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Notification No. 2/2012 – Customs (N. T.) – Tariff Values of Edible Oils, Brass Scrap (All Grades) and Poppy Seeds Notified Posted: 12 Jan 2012 08:12 PM PST Notification No. 2/2012 - Customs (N. T.) In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Last Date of Registration for Post Qualification Course in Diploma in Insurance and Risk Management for November, 2012 Technical Examination Posted: 12 Jan 2012 04:42 PM PST The Post Qualification Course in 'Diploma in Insurance and Risk Management (DIRM) of ICAI is intended to equip the members of the Institute to become Insurance and Risk Management professionals and Insurance consultants. The DIRM Course is... [[ This is a content summary only. Visit www.taxguru.in for full article.]] Certificate Course on Valuation is scheduled to start at Mumbai, with Fees INR 25000 from 21st-22nd January, 2012. Please Register Posted: 11 Jan 2012 04:40 PM PST Certificate Course on Valuation is scheduled to start at Mumbai, with Fees INR 25000 from 21st -22nd January, 2012. Please Register. [[ This is a content summary only. Visit www.taxguru.in for full article.]] Result of the Information Systems Audit [ISA] Assessment Test held on 24th December, 2011 is likely to be declared tentatively on 18th January, 2012 Posted: 11 Jan 2012 04:39 PM PST The result of the Information Systems Audit [ISA] Assessment Test held on 24th December, 2011 is likely to be declared tentatively on 18th January, 2012 around 2.00 PM at the Institute's office at New Delhi. [[ This is a content summary only. Visit www.taxguru.in for full article.]]