Tuesday, November 3, 2015


As scheduled the meeting of JCA with the Revenue Secretary is held and over. JCA leadership, Member(P) and PDGIT(HRD) were also present. The outcome is as under:

1. RS expressed that the issue of stagnation in ITO cadre is serious and needs to be addressed and also expressed his concern.
2. RS asked both the Board and JCA to find solution on this issue through discussion.
3. JCA explained the delay in holding of DPCs and asked for more posts in ACIT cadre for promotion quota through GFR 254 and other means for removing stagnation.
4. RS expressed and directed to work out the modalities to reduce the stagnation to not more than 12 years.
5. RS directed the Member(P) to ensure DPC for 2014-15 immediately. He also directed to ensure immediate vacation of CAT stay.
6. RS directed to complete DPC for 2015-16 thereafter and also start preparing DPC for 2016-17 so that all the DPCs could be completed by March 2016.
7. RS directed Member(P) to put up the proposal at the earliest for more vacancies in ACIT cadre for promotion, be it GFR or otherwise.
8. RS asked JCA to withdraw the agitation immediately. He told that our problems will be addressed. JCA can meet him at any time. He expressed that PM wants the senior authorities to be take proper care of employees problems but the employees should also work with sincerely. He told that this agitation has given him bad name.
9. RS had to go somewhere but he directed the Member to continue meeting with JCA and draw some agreeable conclusion. 
10. The Member was told by JCA that addressing stagnation was our priority and there can be no settlement if stagnation issue is not addressed irrespective whether DPC is held early.
11. The Member(P) told that he will meet RS again and will fixed another meeting of JCA with him.

After the meeting, The Central JCA decided to suspend the ongoing agitational programme for a period of three weeks in view of assurances given to JCA for redressal of demands and directions given to CBDT by the Revenue Secretary. 

Monday, November 2, 2015


The Chairperson of CBDT Anita Kapoor is superannuating by this month end. She is a 1978-batch officer of the Income Tax cadre.

Mr. RC Mishra is likely to be appointed Member of CBDT who is 1979 batch IRS officer(IT).

Thursday, June 11, 2015

Due Date of filing Return of Income Tax extended to 31st August

As per the new order issued by CBDT u/s 119 of the Income Tax Act, due date of filing return of income tax for Assessment Year 2015-16 has been extended from 31st July to 31st August in respect of income tax assessee.

Rail Ticket Reservation Timing Revised, 50% refund on cancellation.

Indian Railways has changed the timing for the booking of Tatkal tickets, and said that customers can get a refund of upto 50% on cancellation for the same. 

As per the new schedule, the Tatkal booking for AC classes will commence at 10am and close at 11am, while for the non-AC classes, the Tatkal booking will commence at 11am and close at noon. 

Railways will soon launch its 'Tatkal Special' train service, travelling on which will be dearer than on normal trains. 

The cash-strapped public transporter will make special trains on tatkal fares operational for certain busy routes. 

While 'Premium' trains — tickets for which are priced as per a dynamic fare structure — are already operational, the Tatkal Special trains will be an additional service to cater to the rush. 

The Railways has also relaxed the advance reservation period for Tatkal Special trains. The advance reservation period is of a minimum 10 days and a maximum of 60 days.

Source:  Times of India

Wednesday, May 13, 2015

Additional Tax of Rs. 4733.61 Crore Collected due to (NMS)

As reported by Shri Jayant Sinha, Minister of State in Ministry of Finance, during the year 2013, 2014 and 2015 (up to 31.3.2015), Income Tax Department has through its Non-filer Monitoring System (NMS) identified 12.9 lakh, 22.09 lakh and 44.09 lakh cases respectively, as non-filers of return, though having potential tax liabilities.

As a result of this exercise, 30,68,662 new returns have been filed and additional tax of Rs. 4733.61 crore has been collected in the year 2013, 2014 and up to 31.3.2015 in the year 2015. Further follow up action is underway and similar exercise is also planned to be undertaken in the current financial year.

While identifying non-filers of return through NMS, the Income Tax Department analyses and assimilates all in-house information as well as transactional data received from third-party including Annual Information Return (AIR), Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) statements, Central Information Bureau (CIB) data etc, to isolate such persons/entities who have undertaken high value financial transactions but have not filed return. A total of 79.08 lakh such non-filers have been identified since implementation of NMS in 2013.

Source : PIB

Tuesday, May 12, 2015

New ITR form soon

Government on Tuesday said it has decided to "modify" the new Income Tax Return (ITR) forms in wake of concerns raised over them.

The Income Tax department had notified new income tax return forms on April 15.

In the new ITR-2, Finance Minister Arun Jaitley said, the information relating to foreign travel which has been sought to be captured is as per the recommendation of Special Investment Team on Black Money constituted as per directions of the Supreme Court.

Such information can help in developing risk profiles for deduction of evasion of tax, he said in the written reply to the Rajya Sabha, adding that these details are not required in ITR-1 or ITR-4S which is filed by majority of individual taxpayers.

"The government has received representation on the new return forms notified on April 15, 2015 and taking into account concerns raised, the government has decided to modify the return forms," Jaitley said.

ITR-1 (SAHAJ) is for individuals having income from salary/one house property/income from other sources. ITR-2 is for individuals and HUFs not having business/professional income. ITR-4S is for individuals/HUFs deriving business income and such income is computed in accordance with special provisions (44AD and 44AE).

The Finance Minister also said the government has constantly endeavoured to make the ITR filing procedure simple and hassle free with the introduction of electronically filed ITR forms in 2006-07.

The process of electronic filing has been made simpler over the years, he added.

As a result, during 2014-15, 3.41 crore returns were filed electronically which constituted 87 percent of the all the returns filed in the fiscal.

The government has also provided free ITR preparation software with the facility of pre-filled tax payment and tax deduction columns in the ITR to avoid data entry and mistakes.

Source : PTI, Zee News