Publication

Increased in Direct Tax Collection during April-September 2014 by 15%

Posted by on 3:52 pm in Publication | Comments Off

Gross Direct Taxes Collections during April-September of the Current Financial Year 2014-15 is up by 15% and stood at Rs.3,46,144 crore as against Rs. 3,01,063 crore Collected during the same Period Last Year. Gross collections of Corporate Tax has shown an increase of 15.31% and stood at Rs.2,22,616 crore as against Rs. 1,93,054 crore collected during the same period last year. Gross collection of Personal Income Tax, including STT and Wealth Tax, is up by 14.37 % percent and stood at Rs. 1,23,528 crore as against Rs. 1,08,009 crore...

read more

Extension of Due Date

Posted by on 3:51 pm in Publication | Comments Off

CBDT extended the “due-date” for furnishing return of income from 30th September, 2014 to 30th November, 2014 for the AY 2014-15, subject to payment of interest u/s 234A ,in case of an assessee:- a) who is required to file his return of income by 30th September, 2014 as per Explanation 2(a) to Sec 139(1) of the Income-tax Act, 1961 and b) is also required to get his accounts audited under section 44AB of the Act or is a working partner of a firm whose accounts are required to be audited under section 44AB of the...

read more

Direct Tax Collection during April-September 2014 increases by 15.00

Posted by on 3:20 pm in Publication | Comments Off

Gross Direct Taxes Collections during April-September of the Current Financial Year 2014-15 is up by 15.00 percent and stood at Rs. 3,46,144 crore as against Rs. 3,01,063 crore Collected during the same Period Last Year Gross Direct Taxes collections during April-September of the current Financial Year 2014-15 is up by 15.00 percent and stood at Rs.3,46,144 crore as against Rs. 3,01,063 crore collected during the same period last year. Gross collections of Corporate Tax has shown an increase of 15.31 percent and stood at Rs.2,22,616 crore as...

read more