Service Tax Q-1,Return for the period 01-04-2012 to 30-06-2012 extended to 25th November,2012

F.No.137/99/2011-Service Tax
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
New Delhi, the 15th October, 2012
ORDER NO: 3/2012
In exercise of the powers conferred by sub-rule(4) of rule 7 of the
Service Tax Rules, 1994, the Central Board of Excise & Customs hereby
extends the date of submission of the return for the period 1stApril 2012
to 30th June 2012, from 25th October, 2012 to 25th November,2012.
The circumstances of a special nature which have given rise to this
extension of time are as follows:
a) ACES will start releasing the return in Form ST3 in a quarterly
format, shortly before the due date of 25th October,2012.
b) This will result in all the assesses attempting to file their returns
in a short time period, which may result in problems in the computer
network and delay and inconvenience to the assesses.
(S.M. Tata)
Commissioner Service Tax
Central Board of Excise and Customs
To
Chief Commissioners of Central Excise & Customs(All)
Chief Commissioners of Central Excise(All)
Director General of Systems
Director General of Service Tax
Commissioners of Service Tax (All)
Commissioner(DPPR)
Additional Directors General Systems( All)

Penalty of 40% of Value of goods for not carrying transport receipt (GR) in Form DVAT 32

Penalty of 40% of Value of goods for not carrying transport receipt (GR) in Form DVAT 32 and invoice or delivery note in form DVAT 33 by Owner/Driver etc. in Delhi.  

Which ITR Form is Applicable ( INCOME TAX RETURN for F/y 2011-12, A/y 2012-13 )

Which ITR Form is Applicable ( INCOME TAX RETURN  for F/y 2011-12, A/y 2012-13 )

For Individuals, HUF S.No For Þ Individual Individual, HUF Source of Income ß ITR-1 ITR-2 ITR-3 ITR-4 ITR-4S 1 Income from Salary/Pension • • • • • 2 Income from Other Sources (only Interest Income or Family Pension) • • • • • 3 Income/Loss from Other Sources • • • • 4 Income/Loss from House Property • • • • 5 Capital Gains/Loss on sale of investments/property • • • 6 Partner in a Partnership Firm • • 7 Income from Proprietary Business/Profession • 8 Income from presumptive Business • For Firms, Associations of Persons (AOP), Body of Individuals (BOI), Local Authority, Companies, Trusts, Fringe Benefit Tax (FBT) Return S.No For Þ Firms,AOP,BOI, Local Authority Companies Trusts Only FBT Source of Income ß ITR-5 ITR-6 ITR-7 #See Note ITR-8 1 Income / Loss from Other Sources • • • 2 Income / Loss from House Property • • • 3 Capital Gains / Loss on sale of Investments / Property • • • 4 Income / Loss from Business • • • 5 Fringe Benefit Tax • • • • #Note: ITR-7 will not be available for e-Filing. #Note: ITR-8 is discontinued for e-Filing from AY2010-11 onwards, still continued for AY2007-08,2008-09,2009-10. Download Return Preparation Software

View Tax Credit Statement (Form 26AS)

Check your tax credits in 26AS statement before filing IT return for faster processing and quick refunds.

View Tax Credit Statement (Form 26AS)

View Tax credit detail is available to all user after login at https://incometaxindiaefiling.gov.in/.  This facility provides Tax credit history. After login goto menu option MyAccount->View Tax credit statement(Form 26AS) The new screen provides facility to enter Ass Year, DOB and capcha code to view the statement. Please login to view the same Login https://incometaxindiaefiling.gov.in/portal/login.do

Know Your EPF Balance, PF balance to be updated every month

Know Your EPF Balance, PF balance to be updated every month

Subscribers of the Employees’ Provident Fund Organisation (EPFO) will soon be able to check the balance of their provident fund (PF) accounts on a monthly basis.Once in place, the new system is expected to benefit around 60 million workers covered under EPFO.“The new system will be operational next month,” said RC Mishra, Central Provident Fund Commissioner. At present, subscribers can view their balances only on a yearly basis. “We are moving towards a system similar to that of banks, where the accounts are updated instantly,” added Mishra.Apart from improving the service for the subscribers, the main trigger for the change was the repeated instances where employers had deducted the PF payments from the salaries of their employees, but had not submitted the deductions to EPFO, Mishra said. “Now, it will be very difficult for the employers to hide the deductions from the employees’ accounts. Employees would know when the deductions have been made,” he added. Source : http://business-standard.com/india/news/pf-balance-to-be-updated-every-month/474337/

http://www.epfindia.com/membbal.html

E- Filling taxpayers won’t have to acquire a digital Signature

E- Filling taxpayers won’t have to acquire a digital Signature.
The income tax department is set to introduce a free-of-cost and easy-to-operate electronic signature facility to file income tax returns electronically. The facility will help taxpayers who do not have a digital signature. It will save them from the mandatory requirement of sending a hard copy of the return filed electronically through speed post to the department’s central processing centre in Bangalore. Acquiring an electronic signature will not involve any cost for the taxpayer, as it will be provided by the department. Currently, only those having digital signatures acquired through specified vendors by paying the required charges need not send the hard copy of the return to the department after filing electronically. A senior income tax department official told Business Standard the electronic signature mode was based on international best practices and would benefit taxpayers as well as the government. He said the necessary clearances from the ministry of information technology (MIT) had been taken to introduce the facility. The final approval from the finance ministry to implement it from this year itself is likely soon.