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Khimji Kunverji & Co.
18 followers -
Sounding Board for Sounding Success
Sounding Board for Sounding Success

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GST - likely design and sketch - Revenue Secretary Dr. Hasmukh Adhia.
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Protect your Income Tax Department e-Filing account!

Dear Taxpayer,

In order to ensure that you are able to secure your E-filing account against any fraudulent login attempts, the Income Tax Department has introduced a new facility called the "E-filing Vault". In order to use this facility, you can log in to your E-filing Account and in the profile page select "E-filing Vault – higher security".

Change your password to a strong password – Use at least one uppercase, one special character and one numeral – do not share your password with anyone. Example: Xasft$9056

Select the option to Reset Password using only:
◆Digital Signature Certificate
◆NetBanking login
◆Aadhaar OTP
Any attempt to reset or forget password will require the additional check of OTP using Aadhaar or taxpayer will have to login using net banking or login using DSC.

Select the Option to Login to your e-Filing Account using only:
◆Digital Signature Certificate
◆NetBanking login
◆Aadhaar OTP
Any attempt to login will require the additional check of OTP using Aadhaar or taxpayer will have to login using net banking or login using DSC in addition to the password

Lock up your e-Filing account! Be Secure!
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After efiling Return of Income - login to your Account at efiling website of Income Tax - Go to "My Account" - "Tax Credit Mismatch" - Select Assessment Year & verify if there is any mismatch. If the mismatch is on account of an error committed by you, please rectify it by filing revised return. If you don't, you will get short credit when the return is processed & thereafter you will have to put in more efforts to get credit - "A STITCH IN TIME SAVES NINE"
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CBDT Notification No. 61/2016 dated 20th July 2016 notifying backward areas under first proviso to Section 32(1)(iia) & Section 32AD(1) of the Income Tax Act, 1961
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21/07/2016
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CBDT Notification No. 60/2016 dated 20th July 2016 revising the Form 1 in Income Declaration Scheme Rules 2016 to incorporate revision of Declaration
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21/07/2016
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CBDT Notification No. 59/2016 dated 20th July 2016 revising the time limit for payment of Tax, Surcharge & Penalty under Income Declaration Scheme, 2016
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Press release dated 14th July 2016 by Government of India, Ministry of Finance, Department of Revenue, CBDT regarding The Income Declaration Scheme 2016 - Relaxation of time schedule for making payments under the Scheme
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Income Tax Department signs contract with L & T Infotech Ltd for implementation of Project Insight - Press Information Bureau, Government of India, Ministry of Finance - dated 19th July 2016
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Letter to Honourable Finance Minister on wrongful disallowance of "Cost of Acquisition after indexation" of Capital Asset sold by a Charitable Trust in processing return of income u/s 143(1)(a) of the Income Tax Act, 1961 by CPC applying Section 11(1A).
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22/10/2015
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Order u/s 119(1) on Validation of Return through Electronic Verification Code
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