Day: April 15, 2016

News & Updates

14/04/2016    All ITRs including ITR 6 and ITR 7 for AY 2016-17 are available for e-Filing. 13/04/2016 ITR 4 and ITR 5 for AY 2016-17 are also available for e-Filing. Other ITRs will be available shortly. 11/04/2016 Please see Notification issued by the Principal DGIT (Systems) explaining the procedure for registration and submission of statement as per clause (k) of sub section (1) of section 285BA of Income-tax Act, 1961 read with sub rule (7) of Rule 114G of Income-tax Rules, 1962. [Refer Notification No. 4/2016 dated 06/04/2016]. 11/04/2016 Please see Notification issued by the Principal DGIT (Systems) explaining generation of Electronic Verification Code (EVC) for electronically filed Form of Appeal to Commissioner (Appeals). [Refer Notification No. 5/2016 dated 06/04/2016]. 07/04/2016 ITR 2, ITR 2A and ITR 3 for AY 2016-17 are also available for e-Filing. Other ITRs will be available shortly. 03/04/2016 ITR 1 and ITR 4S for AY 2016-17 are now available for e-Filing. Other ITRs will be available shortly. 03/04/2016 Taxpayers are advised to update their profile and select higher security option to secure their e-filing account. [Refer E-filing Vault – Higher Security User Manual]. 03/04/2016 New Forms 15CA,15 CB, 15CC are available for E-filing. 03/04/2016 Online filing of Appeal before Commissioner (Appeal) using newly Notified Form 35 has been enabled for taxpayers mandated to E-file their returns using DSC. EVC option will be available shortly....

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RBI to issue of ₹ 10 banknotes with inset letter ‘L’

The Reserve Bank of India will shortly issue ₹ 10 denomination banknotes in the Mahatma Gandhi Series-2005, with the inset letter ‘L’, bearing the signature of Dr. Raghuram G.Rajan, Governor, Reserve Bank of India, and the year of printing ‘2016‘ printed on the reverse of the banknote. The design of these banknotes to be issued now is similar in all respects to the ₹ 10 banknotes in Mahatma Gandhi Series- 2005 issued earlier, except that the numerals in both the number panels will be in the ascending size from left to right while the first three alpha numeric characters (prefix) will remain constant in size as revealed by the image of the note below:- Such banknotes with ascending size of numerals in the number panels have already been issued in ₹ 50, ₹ 100, ₹ 500, and ₹ 1000 denominations All the banknotes in the denomination of ₹ 10 issued by the Bank in the past will continue to be legal tender. Ajit Prasad Assistant Adviser Press Release :...

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