Chartered Accountant in chennai

Chartered accountant in chennai

New Income-tax return forms for the year 2011-12 (A.Y.2012-13) notified

2 Comments / Income-tax /

The Central Board of Direct Taxes vide its Notification dtd S.O. 626(E) dtd 28th March 2012 has notified new return forms (manual forms) for the previous year 2011-12 (Assessment Year 2012-13).   Form No Applicable to Download Link ITR-1 SAHAJ Indian Individual [wpdm_file id=8] ITR-2 For Individuals and HUFs not  having Income from Business (or) […]

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Non-Govt PF, Superannuation and Gratuity fund – Revision in Rate of Interest

Investments /

SPECIAL DEPOSIT SCHEME FOR NON-GOVERNMENT PROVIDENT, SUPERANNUATION AND GRATUITY FUNDS – NOTIFIED RATE OF INTEREST ON SUCH DEPOSITS NOTIFICATION NO.5(4)-B(PD)/2011, DATED 13-3-2012 It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. F.

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BUDGET 2012 – IMPORTANT TAX PROPOSALS

General, Income-tax /

DIRECT TAX PROPOSALS v     Changes in Tax Slabs : The existing differentiation of Male and Female assessees has been removed. The tax rates for all Individual assessees below 60 years of age for the year 2012-13 is as follows :- Income Level                                             Rate of Tax Upto Rs. Rs. 2,00,000/-                                                Nil Rs. 2,00,001 to Rs. 5,00,000/-                                     

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Validity period of Cheques/Pay orders/Bankers Cheque changed

General, RBI Guidelines /

As per the recent RBI Notification No RBI/2011-12/251 DBOD.AML BC.No.47/14.01.001/2011-12 dtd. 4th Nov 2011, the RBI has instructed the member banks that , from 01.04.2012 onwards , the Cheques bearing dates more than 3 months will not be paid by the banks. This is being done to curb the practice of circulating the same like cash for

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