Showing posts with label INCOMETAX. Show all posts
Showing posts with label INCOMETAX. Show all posts

Wednesday, March 21, 2018

, ,

Deduction of Income Tax at the time of making payment-CPAO

NEW DELHI-110066

CPAO/IT &Tech/Bank Performance/37 (Vol-II) 2017-18/204

Office Memorandum 

Subject: – Deduction of Income Tax at the time of making payment.

It is observed that some of the banks are not following the guidelines of the Income Tax Act regarding tax deduction on pension payments. Pensioners have raised grievances relating to the deduction of income tax at the fag end of the year causing undue financial hardship to the pensioners. Moreover, there is considerable delay in the issuance of Form 16 to the pensioners and in some cases Form-16 are not being issued to the pensioners.

In view of the above, all Heads of CPPCs are advised to deduct the income tax at the time of each payment itself and issue Form -16 by of May every year and follow the Income tax guidelines issued from time to time.

(Md. Shahid Kamal Ansari) 
(Asstt. Controller of Accounts)


Monday, November 27, 2017

Clarification to pensioners about the hike in exemption limit to Rs 3 Lakhs from Minister of State for Finance.

Shiva Pratap Shukla

D.O. No. 370150/9/2017- TPL

NEW DELHI-110001

14th November 2017

Dear Dr.Tharoor Ji,

Kindly refer to your D.O. letter No. DO/S1/09/2017/986 dated 26.09.2017 requesting, for providing the exemption of Rs. 5 lakhs per annum to pension income.

I have got the matter examined. Currently, the basic exemption limit for individual taxpayer is Rs, 2, 50,000, However, considering the specific needs of the senior citizens, the basic exemption limit for a senior citizen above 60 year, is fixed at Rs.3,00,000 and for very senior citizen i.e. above 80 years, the same is fixed Rs. 5,00,000. Therefore, a pensioner who is a senior citizen is not required to pay any income-tax if his. total income, including pension., does not exceed Rs. 3 lakhs Similarly, a pensioner who is very senior citizen is not required to pay tax if his total income, including pension, does not exceed Rs. 5, 00.000. However, the suggestions that pension up to Rs. 5 lakhs per annum should be exempt in all cages would require amendment to the existing provisions of the Income-tax Act, 1964.

Accordingly, the proposal would be examined during the exercise for the ensuing Union Budget, 2018 and the outcome would be reflected in the Finance Bill 2018.

With regards

Yours sincerely,

(Shiv Pratap Shukla)


Thursday, August 31, 2017

CBDT extends date for (a) Linking of Aadhaar with PAN

CBDT extends date for (a) Linking of Aadhaar with PAN and (b) Due date for filing Income Tax Returns and Tax Audit Reports.

To facilitate ease of compliance by the taxpayers, CBDT has extended the date in the following cases:-

        i.            Aadhaar was to be linked with PAN by 31st August, 2017. The date for linking Aadhaar with PAN has been extended till 31st December, 2017;

      ii.            The ‘due-date’ for filing Income Tax Returns and various reports of audit prescribed under the Income-tax Act,1961 has been extended from 30th September, 2017 to 31st October, 2017 for all taxpayers who were liable to file their Income Tax Returns by 30th September, 2017.


Monday, July 31, 2017

Extension of date for filing of Income Tax Returns extended for five days up to 5th August, 2017

There are some complaints that the taxpayers are not being able to log on to the e-filing website of Income Tax Department or not being able to link Aadhaar with PAN because of different names reflected in PAN and Aadhaar database. While technical snags have been removed already, the main reason for failure of people to log in is because of last minute rush and panic in which those who have already logged in want to continue for the entire period for fear of losing it.

In order to ease-out the panic situation, the Government has decided to take the following steps:

For the purpose of e-filing return, it would be sufficient as of now to quote Aadhaar or acknowledgement No. for having applied for Aadhaar in e-filing website. The actual linking of PAN with Aadhaar can be done subsequently, but any time before 31st August, 2017. However, the returns will not be processed until the linkage of Aadhaar with PAN is done.

In order to facilitate the e-filing of return, it is also decided to give extension of five days for e-filing of return. The return can be filed upto 5th August, 2017.


Thursday, May 11, 2017


Income Tax (IT) Department simplifies linking PAN with Aadhaar for taxpayers using Income Tax India website

No need to login or be registered on the E-filing website for linking

The Income Tax (IT) Department has made it easy for taxpayers to link their PAN with Aadhaar. Responding to grievances of taxpayers regarding difficulties in linking PAN with Aadhaar as their names did not match in both systems (e.g., names with initials in one and expanded initials in another), the IT Department has come out with a simple solution now.

Taxpayers can go to and click on the link on the Left Pane à Link Aadhaar, provide PAN, Aadhaar number and ENTER NAME EXACTLY AS GIVEN IN AADHAAR CARD (avoid spelling mistakes) and Submit. After verification from UIDAI, the linking will be confirmed.
Figure 1: Linking Aadhar with PAN on the Income Tax website

Figure 2: Linking Aadhar with PAN simplified

In case of any minor mismatch in Aadhaar name provided by taxpayer when compared to the actual data in Aadhaar, a One Time Password (Aadhaar OTP) will be sent to the mobile registered with Aadhaar.  Taxpayers should ensure that the date of birth and gender in PAN and Aadhaar are exactly same. In a rare case where Aadhaar name is completely different from name in PAN, then the linking will fail and taxpayer will be prompted to change the name in either Aadhaar or in PAN database.

There is no need to login or be registered on E-filing website. This facility can be used by anyone to link their Aadhaar with PAN.

This facility is also available after login on the e-filing website under Profile settings and choose Aadhaar linking. The details as per PAN will be pre-populated. Enter Aadhaar number and ENTER NAME EXACTLY AS GIVEN IN AADHAAR CARD (avoid spelling mistakes) and Submit.

Taxpayers are requested to use the simplified process to complete the linking of Aadhaar with PAN immediately. This will be useful for E-Verification of Income Tax returns using OTP sent to their mobile registered with Aadhaar.


(Release ID :161711)


Thursday, March 30, 2017

, ,

Income Tax Exemption to National Pension System


7, CHAITRA, 1939 (SAKA)



Will the Minister of FINANCE be pleased to state:

(a) whether it is a fact that the maturity amount of the National Pension System has no tax benefits like Public Provident Fund (PPF) and Employees’ Provident Fund (EPF);
(b) if so, the details thereof;
(c) whether Government has received any representation requesting to provide tax exemption to NPS at par with PPF and EPF; and
(d) if so, the stand of Government in this regard?


(a)to (d):- A Statement is laid on the Table of the House.

Statement referred to in reply to parts (a) to (d) of Rajya Sabha Starred Question No.*285 for 28th March, 2017 by Shri N. Gokulakrishnan, MP reg. Tax Exemption to National Pension System.

(a)&(b) Prior to Finance Act, 2016, National Pension System (NPS) referred to in section 80CCD was Exempt, Exempt and Tax (EET) i.e., the monthly/periodic contributions during the pension accumulation phase were allowed as deduction from income for tax purposes; the returns generated on these contributions during the accumulation phase were also exempt from tax; however, the terminal benefits on exit or superannuation, in the form of lump sum withdrawals, were taxable in the hands of the individual subscriber or his nominee in the year of receipt of such amounts unlike PPF and EPF which have been enjoying EEE regime i.e. Exempt, Exempt, Exempt.

Vide Finance Act, 2016, section 10 of the Income-tax Act was amended to provide that any payment from National Pension System Trust to an employee on account of closure or his opting out of the NPS shall be exempt from tax, to the extent it does not exceed forty percent of the total amount payable to him at the time of closure or his opting out of the scheme. Further, Section 80CCD was also amended by Finance Act, 2016 to provide that the whole amount received by the nominee of NPS subscriber on his death shall be exempt from tax.

Further, vide Finance Bill,2017 as passed by the Lok Sabha on 22.03.2017, it has been proposed to exempt partial withdrawals by employees from their NPS accounts in accordance with the guidelines prescribed under Pension Fund Regulatory and Development Authority Act,2013.

Furthermore, it has also been proposed in the Bill to amend section 80CCD of the I.T.Act,1961 so as to increase the upper limit of deduction for contribution into NPS from ten per cent of gross total income to twenty per cent in case of individual other than employee. (c) &(d) Yes, Madam, the Government has received such representations in the past and the stand of Government was reflected in the amendments made in Income-tax Act vide Finance
Act,2016 and Finance Bill 2017 as discussed above.


Friday, May 06, 2016

Capital Gains Tax-PIB

Appropriate action against tax evasion, including evasion of tax on capital gains, is an on-going process. Whenever such cases are noticed by the Income Tax Department, appropriate action is taken under direct taxes law. Such action is not dependent upon a demand to be made to the Government. The actions under the Income-tax Act, 1961 include searches, surveys, enquiries, assessment of income, levy of tax, interest & penalty and filing of prosecution complaints before criminal courts, wherever applicable. Such tax, interest and penalty form part of the total liability of each assessee and is enforced accordingly. Therefore, separate data for liability on account of tax, interest and penalty attributable to evasion of tax on capital gains is not maintained. Further, disclosure of information regarding specific taxpayers is prohibited except as provided in section 138 of the Income-tax Act, 1961.

Periodic review of the Government’s mechanism for taking corrective steps is an on-going process. In recent times, the Government has taken several effective measures, both by way of policy-level initiatives as well as through more effective enforcement action on the ground, to tackle tax evasion. These steps include putting in place robust legislative and administrative frameworks, systems and processes with due focus on capacity building and integration of information and its mining through increasing use of information technology. Major initiatives taken by the Government in the recent past include – (i) Constitution of the Special Investigation Team (SIT) on Black Money under Chairmanship and Vice-Chairmanship of two former Judges of Hon’ble Supreme Court, (ii) Introduction of the Benami Transactions (Prohibition) Amendment Bill, 2015 to amend the Benami Transactions (Prohibition) Act, 1988 with a view to, inter alia, enable confiscation of Benami property and provide for prosecution, (iii) While focusing upon non-intrusive measures, due emphasis on enforcement measures in high impact cases with a view to prosecute the offenders at the earliest possible for credible deterrence against tax evasion, (iv) Initiation of the information technology based ‘Project Insight’ by the Income Tax Department for strengthening the non-intrusive information driven approach for improving tax compliance and effective utilization of available information, (v) Legislative measures including amendments in the Income-tax Act, 1961.

This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.


Saturday, April 02, 2016


Request to Taxpayers to Avail Facility for Online Rectification

    Income-tax Act provides the taxpayer with an option to seek rectification of mistakes apparent from record under section 154 of the Act. The e-filing portal of the Income Tax Department provides the utility for online filing and tracking of rectification requests. Taxpayers who are not satisfied with the outcome of processing of their Income Tax Return by the Centralized Processing Centre, Bengaluru can avail of the facility of online filing and tracking of rectification requests available on

            In case of any mistake in data entry of Tax payment or TDS details, taxpayer can select the “Rectification Request Type->Taxpayer is correcting data for Tax Credit mismatch only” and the use the option of pre-filling the correct details for the relevant Assessment Year while submitting the rectification request.

            In case of data entry mistake in any other Schedule or omission of any details, taxpayer can select the option “Taxpayer is correcting Data in Rectification” and the reason for seeking rectification.

            In any other case taxpayer can select the option “No further Data Correction Required, Reprocess the case” where the mistake in processing may have occurred due to non-reporting of TDS by deductor etc.

            A detailed user manual for filing online rectification is available at:

            With this utility a taxpayer can also the monitor the status of disposal of rectification request.

            CPC, Bengaluru has already processed 6,53,763 online rectification requests in F.Y.2015-16 till 29th February 2016. CBDT is committed to ensuring accuracy in processing of returns and determination of refunds and seeks the active cooperation of taxpayers in ensuring correctness of data while submitting the return or rectification request.


Monday, March 07, 2016

, , ,

Deduction of Income Tax on withdrawal of P.F. 60%-NC JCM

Joint Consultative Machinery for Central Government Employees
13-C, Ferozshah Road, New Delhi – 110001
E Mail:

No. NC-JCM/2016

Dated:- 1st March, 2016

The Hon’ble Finance Minister,
Government of India,
North Block,
New Delhi.

Dear Sir,

Sub: Deduction of Income Tax on withdrawal of P.F. 60%

We are deeply shocked to learn about imposing of tax on withdrawal of P.F.(Provident Fund) which is our hard earn money which used to be utilized in all emergencies for medical, educational, building of house, marriage of daughters etc.

Imposition of tax on that had created all round agitation among govt. employees.

On behalf of National Council/JCM it is very humbly requested that this tax proposal should be withdrawn immediately to stop the mental agony of government employees.

I hope Central Govt. will not give any chance of serious agitation on this issue and will not disturb industrial peace as a whole.

Thanking you ,

Yours faithfully,
(Shiv Gopal Mishra)


Thursday, March 03, 2016

, , , ,

How taxing interest portion of EPF impacts you

Budgets are expected to bring about volatility in the stock markets. But, not many Budget announcements would have created a stir in a debt based product called employee provident fund (EPF).

Budget 2016 proposes to do away with the exempt-exempt-exempt (EEE) status of EPF and therefore tax it on maturity. This according to FM is being done to remove the distortions in the pension schemes by removing any anomalies between them.

But, the picture isn't clear yet. What's going to be taxable is still lacking clarity? Will the employee's contributions or employer's contribution or both will be taxed or will it only be the interest accumulated on employee's portion? Government is expected to come out with FAQ's on the same

Here's how the confusion arose:

In the Budget speech the FM said - In case of superannuation funds and recognized provident funds, including EPF, the same norm (referred to NPS) of 40% of corpus to be tax free will apply in respect of corpus created out of contributions made after 1.4.2016.

Minister of state for finance Jayant Sinha tweeted - We have noted concerns about changes in tax treatment for EPF/PPF/NPS. Full clarification with FAQs will be issued shortly.

Yesterday, Revenue Secretary Hasmukh Adhia clarified, "The principal amount will not be taxed and will continue to remain tax exempt on withdrawal. What we have said is 40 per cent of the interest accrued on contributions made after April 1 will be tax exempt and its remaining 60 per cent will be taxed." He added: This 60 per cent will also be tax exempt if it is invested in a pension annuity schemes.

Sonu Iyer, Tax Partner & National Leader - People Advisory Services, EY says, "Amidst all this confusion, the silver lining is that as per the PIB release, Finance Minister will consider the various suggestions received on this matter and will take a view in due course. From a point of view of taxation of income, if at all there is a case for taxation then it would be for taxing interest income and employer's contributions up to Rs. 1,50,000 because the rest of the corpus is built up from tax paid income!" ..

Let's run some numbers to see how the tax hit is:

Assuming basic salary of Rs 3 lakh (Rs 25,000 monthly), the employee contribution of 12 percent is Rs 3,000 while employer's contribution of 3.67 per cent is Rs 917.5 making a total monthly contribution towards EPF equal to Rs 3,918 (rounded off) for the employee.

Let's say the employee has 20 years to retire and there are no increments. Assuming interest rate of 9 per cent per annum, the total corpus becomes Rs 25,00,000 ( including contributions and interest)

Here's the break-up:
Total corpus Rs 25, 00,000
Contributions made Rs 9, 40,000
Interest earned: Rs 15, 60,000

Note: The interest rate in EPF is calculated on monthly reducing balances.

Now, as per the Budget 2016 proposals and clarifications thereafter, here's the tax hit:

Contributions of Rs 9, 40,000 remain tax-exempt.
40 per cent of total interest earned i.e Rs 15,60,000 comes to Rs 6,25,000 which will be tax-exempt.
The balance 60 per cent of the total interest earned i.e Rs 15,60,000 comes to Rs 9,37,000 which will be taxable.

At 30.9 per cent, the individual pays a tax of Rs 2.9 lakh in the year of retirement, which is nearly 18 percent of the total interest earned.

If the 60 per cent amount is put into an immediate annuity scheme, there's no immediate tax liability but the annuity received will be taxable as and when received over lifetime.

On retirement, one receives retirement benefit from one's employer. The tax liability therefore could be huge. On top of it, if taxation of 60 percent of interest portion is applied, the tax liability further goes up. Managing it may not be easy for all the retirees. At a time when everybody was expecting NPS to be EEE, government has made EPF similar to NPS. But, the final word on EPF taxability is still not out. It remains to be seen, how it shapes up. The gro .. The ground it seems is being prepared to popularise the NPS scheme, which after all is a market linked product compared to EPF.

Read more at:

Monday, February 15, 2016


Finance Minister Shri Arun Jaitley inaugurates the Non-Tax Receipt Portal (NTRP)

Portal provides a one-stop platform to citizens/corporates/other users for making online payment of Non-Tax Receipts to Government of India;

At the launch today, NTPC remitted an Interim Dividend to Government, through NTRP, amounting to Rs. 989 Crore.

The Union Finance Minister Shri Arun Jaitley inaugurated the Non-Tax Receipt Portal (NTRP), developed by the Office of Controller General of Accounts (CGA) here today. The portal provides a one-stop platform to citizens /corporates/other users for making online payment of Non-Tax Receipts to Government of India. The annual collection of Non Tax Receipts is over Rs. 2 lakh crores. The biggest share flows from Dividends paid by Public Sector Undertakings, RBI etc. The other major items of Non Tax Receipts are interest receipts, spectrum charges, royalty, license fee, sale of forms, RTI application fee etc. This is an important initiative taken by Controller General of Accounts, Department of Expenditure, Ministry of Finance under the Digital India campaign. Shri Jayant Sinha, Minister of State for Finance, Shri Ratan P Watal, Finance Secretary, Shri A.N.Jha, Special Secretary, Department of Expenditure, Ms Arundhati Bhattacharya, Chairperson, State Bank of India (SBI) and Shri M.J. Joseph, Controller General of Accounts were also present on the occasion among others.

At the launch today, NTPC remitted an interim dividend to Government, through NTRP, amounting to Rs. 989 crore.

While direct and indirect taxes are largely collected using the e-payment mode, Non-tax revenues (NTR) flow mainly through physical instruments such as bank draft/cheque/cash. The Non Tax Receipt Portal fills this vacuum and provides an end to end solution for complete value chain of non-tax receipts, including online user interface, payment at the Payment Gateway Aggregator and reconciliation and accounting of receipts by Government Departments/Ministries. The online electronic payment in a completely secured IT environment will help common users/citizens from the hassle of visiting bank premises for issue of drafts, and later to Government offices to deposit the instrument for availing services. It also helps avoidable delays and remittance of these instruments into Government account as well as eliminate undesirable practices in the delayed deposit of these instruments into bank accounts. A depositor can make online payment to the Government using either a Credit Card, a Debit Card or through Net Banking with the Payment Gateway Aggregator (PGA). At present, SBI e-Pay is the PGA for NTRP. This is an important initiative taken by Controller General of Accounts, Department of Expenditure, Ministry of Finance under the Digital India campaign.


Friday, January 15, 2016


Issue of IT Refunds of Smaller Amounts

In an initiative to reduce taxpayer grievances and enhance the taxpayer satisfaction, the Central Board of Direct Taxes had issued instructions to Central Processing Center (CPC), Bengaluru and the field officers in December, 2015 to issue refunds of amounts less than Rs.50,000/- expeditiously.

As a result of the special drive to issue smaller refunds, 18,28,627 refunds below Rs.50,000/- involving a sum of Rs.1,793 crore have been issued between        1st December, 2015 and 10th January, 2016. These refunds relate to Assessment years 2013-14 to 2015-16.

In order to further expedite the process of issue of small refunds, CBDT has also directed CPC-Bengaluru and the field units that refunds up to Rs.5,000/-, and refunds in cases where outstanding arrears are up to Rs.5,000/- may be issued without any adjustment of outstanding arrears. Office Memorandum F. No. 312/109/2015-OT dated 14th January 2016, conveying these directions of CBDT is available on the website of the Department


Thursday, December 10, 2015


New facility of pre-filling TDS data while submitting online rectification

        Central Board of Direct Taxes (CBDT) has simplified the process of online rectification of incorrect TDS details filed in the Income Tax Return. Taxpayers were required to fill-in complete details of the entire TDS schedule while applying for rectification on the e-filing portal of the Income-tax Department ( Errors due to incomplete TDS details in rectification applications were leading to delays in processing of such applications thereby causing hardship to the taxpayers.

To avoid this inconvenience, a new facility has been provided for pre-filling of TDS schedule while submitting online rectification request on the e-filing portal to facilitate easy correction or up-dating of TDS details. This is expected to considerably ease the burden of compliance on the taxpayers seeking rectification due to TDS mismatch.


Friday, November 13, 2015

CBDT to set-up a 'Taxpayers' Lounge' at the India International Trade Fair - 2015

CBDT to set-up a 'Taxpayers' Lounge' at the India International Trade Fair - 2015 to Highlight the Various Taxpayer-Friendly Initiatives Taken by the Department Among Others

The Income Tax Department will be setting-up a 'Taxpayers' Lounge' at the India International Trade Fair (IITF) - 2015 at Pragati Maidan, in national capital from 14th to 27th November, 2015.

The theme of the Taxpayers' Lounge this year would follow the theme of IITF 2015 i.e. 'Make in India' and aims to generate awareness in the public about the various taxpayer-friendly initiatives taken by the Department. Besides it, various tax payers services would also be provided at the Taxpayers' Lounge for the benefit of people at large including e-filing of returns, viewing of tax credit through 26AS, applications for PAN and services of Tax Return Preparers among others. Services delivered at Ayakar Seva Kendras (ASK) will also be showcased to the public. The Lounge will also highlight the contribution of taxes and the Income Tax Department to nation building. Activities such as Nukkad Natak, Drawing Competition and Quiz Contest will be carried-out to engage with school children and youth, who are potential taxpayers of the future. The Lounge will also feature live caricatures by Shri B. Sajiv, Assistant Commissioner of Income Tax.

The Taxpayers' Lounge will be inaugurated at Hall 12, Pragati Maidan on 14th November, 2015 at 4.00 pm by Ms. Anita Kapur, Chairperson,Central Board of Direct Taxes (CBDT) in the presence of senior officials of CBDT and the Income Tax Department.


Monday, October 26, 2015

Creation of name based Email IDs for PAN users -Income Tax Dept

ARA Center, Ground Floor, E-2,Jhandewalan Extension,
New Delhi-110055

Dated: 09/10/2015


The Principal Chief Commissioners of Income-tax/ CCsIT/ Pr DsGIT, DsGIT (By Name)
Ahmedabad/ Allahabad/ Amritsar/ Bangalore/ Baroda/ Bhopal/ Bhubaneshwar/Bareilly/Chandigarh/ Chennai/ Cochin/ Coimbatore/ Dehradun/ Delhi/ Durgapur/Guwahati/Hubli/Hyderabad/Indore/ Jaipur/ Jalpaiguri/ Jodhpur/ Kanpur/ Kolkata/ Lucknow/Ludhiana/Madurai/Meerut/Mumbai/Nagpur/ Nashik/ Panaji/ Panchkula/ Patna/Pune/Raipur/ Rajkot/ Ranchi/ Shimla/ Shillong/ Surat/Thane/ Trichy/ Trivandrum/Udaipur/Vishakhapatnam; and

The Principal Commissioner of Income-tax/CsIT/CslT(co) (By Name)

Agra/ Bikaner/ Calicut/ Dhanbad/ Gandhinagar/ Gwalior/ Jabalpur/ Jalandhar/ Kolhapur/Muzzaf-farpur/ Mysore/ Patiala/ Rohtak/ Sambalpur/ Varanasi/ Vijayawada/ Delhi(CO)/MumbaiCO/ Chennai(CO)/Ahmedabad(CO)/Bangalore(CO)/Bhopal(CO)/ Bhubaneshwar (CO)/ Kolkata(CO)/ Cochin(CO)/ Chandigarth(CO)/ Hyderabad(CO)/ Jaipur(CO)/ Kanpur(CO)/ Patna(CO)/Pune(CO)/ Guwahati(Co)? Nagpur(CO) Lucknow (CO).

Subject: Creation of name based Email IDs for PAN users - Reg.

Reference: lTBA-HRMS Instruction No.-2 dated 08.10.2015


Kindly refer to above.

2. The Directorate of Income Tax (Systems) is going to roll out ITBA Phase-2, which includes the PAN module. To access PAN module under ITBA system by new as well as existing ITD users, name based email id is mandatory to receive credentials of login. Reference may be made to earlier instructions (ITBA Instruction No. 6 dated 19/08/2015) in this regard on the subject of creation of new name based email ID.

3. Over 2000 AOS/ITD Users have been identified who do not having name based email id to receive login credentials and, therefore, may not be able to access the new PAN module under the ITBA system. To speed up the process, name based email ids have been created based on the details available in the system and provided to respective CIT(CO) on their official email id.

4. All ADS/Users who do not have name based email id require access to the ITBA-PAN module may kindly contact respective CITlCO) for obtaining the password for the assigned name based email id. For this purpose, RCC user would have to obtain the user’s Tarang mobile number and select Reset password after updating Tarang mobile through the “Name Based Email ID" interface available in HRMS application. May kindly note that without valid Tarang mobile number, email password would not be communicated. In case name based email id is not assigned, RCC user would process for new email id as per ITBA instruction No. 6 dated 19/08/2015.

5. After receiving name based email id and password, AOs/Users need to follow below steps to access ITBA-PAN module:

 Step 1: Open ITBA system in web browser (U
 Step 2: Click on Forgot Password
 Step 3: Enter UserlD (”U" followed by the Employee ID} in User Login box and click on  Submit button. The new ITBA password would be sent on user’s name based email id
 Step 4: Open income tax webmail in web browser (
Step 5: Type name based email id {without as Username and Password. After Authentication, Ao can view the new password for ITBA portal. Ao may note down new ITBA password.
Step 6: For security reason, Ao should change the system generated password of  rovided email id. To change email password, please select Options->GlobaI->Change password.
Step 7: Ao can then open ITBA system ( Enter UserlD & ITBA Password provided in email and BSA number and click on login button. System would prompt {user to change the system generated ITBA password, please follow steps and login again with changed ITBA password. After successful authentication, user would be able to see PAN option in the ITBA system to open PAN module.
6. For any clarifications/difficulties, user may be advised to contact helpdesk of ITBA.

This may be widely circulated.

Yours sincerely,

(Ramesh Krishnamurthi)
Addl. Director General (S)-3, CBDT


Wednesday, September 02, 2015



Due-Date for E-Filing Returns of Income for Assessment Year 2015-16 Extended up to 7th September 2015 in Respect of all Taxpayers who were Required to E-File their Returns of Income by 31st August 2015

The Government has received various representations that tax payers have faced difficulties in E-filing of returns across the country due to slowing down of certain e-services on 31st August 2015.

Considering these representations, the Central Board Direct Taxes (CBDT) has extended the ‘due-date’ for E-filing returns of income from 31st August 2015 to 7th September 2015 in respect of all taxpayers who were required to E-file their returns of income by 31st August 2015.

Earlier, the ‘due-date’ for filing of Income Tax return for Assessment Year 2015-16 was extended till 31st August, 2015 in case of those taxpayers who were required to file their tax return by 31st July, 2015.


Tuesday, September 01, 2015

ITR filing due date extended to 7th Sep 2015 for Gujarat State-CBDT

F.No. 225/154/2015/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

North-Block. ITA.II Division
New Delhi. the 31st of August, 2015

Order under Section 119 of the Income-tax Act 1961

On consideration of reports of dislocation of general life caused due to recent disrurbances in the State of Gujarat, the Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income-tax Act, 1961, hereby extends the due-date’ for filing Returns of Income from 31st August, 2015 to 7th September. 2015, in cases of Income-tax assessees in the State of Gujarat, who are liable to file their Income tax returns by 31st August, 2015

(Rohit Garg)
Deputy Secretary to the Government of India


Friday, August 21, 2015

Special it Return Counters to be Organised for Salaried Tax Payers

Special it Return Counters to be Organised for Salaried Tax Payers (Including Pensioners) to File Paper Returns Between 24th August to 31st August, 2015 at Pratyaksha Kar Bhawan in National Capital;
Special Facilitation Counters for Senior Citizens and Differently Abled Persons;
These Counters to Facilitate Smaller Tax Payers Having Salary/Pension Income But Their Total Income do not Exceed Rs. 5 Lakhs or Their Returns do not Contain any Claim for Refund

The Principal. Chief Commissioners of Income Tax, New Delhi will be organizing Special Return Counters for Salaried Tax Payers (including pensioners) between 24th August to 31st August, 2015 at Pratyaksha Kar Bhawan, Civic Centre, Minto Road, New Delhi. The camp will be inaugurated by Chairperson of the Central Board of Direct Taxes(CBDT), Smt. Anita Kapur at 10.00 am. on Monday,24th  August 2015

The special counters are being organized to facilitate smaller tax payers having salary/pension income, to file paper returns. Taxpayers may note that for the assessment year 2015-16, corresponding to the financial year 2014-15, e-filing of return of income is mandatory for persons whose total income exceeds Rs. 5 lakhs or if the return contains a claim for refund. Paper Returns in such cases will not be accepted.

However, the income limit of Rs. 5 lakhs and claim of refund will not apply to taxpayer over the age of 80 years deriving salary/pension income. In such cases paper returns will be accepted.

The special counters would be set-up jurisdiction wise as follows:

·         For PCIT-22 Charge (Government salary)-‘B’ Block, Ground floor of Civic Centre, Minto Road, New Delhi.
·         For PCIT-23 Charge(PSUs/Bank employees/School and College employees)-‘C’ Block, Ground floor, Civic Centre, Minto Road, New Delhi.
·         For PCIT-24 Charge (Private salaries)- ‘C’ block, Civic Centre, Minto Road, New Delhi.
There will be special facilitation counters for senior citizens and differently abled persons.

Facilities like a Helpdesk, assistance of Tax Return Preparers (TRPs), UTI/NSDL counters, banking, tax payment facility, PAN verification counters, drinking water, and emergency medical aid will be available at the venue.

Similar facilitation counters are being set-up in other metropolitan cities based on the local requirement.

(Release ID :126230)

Friday, August 14, 2015

Tax Benefits to Seafarers

The Indian seafarers, working out of India, for 181 days are considered as Non Resident Indians [NRI]. Accordingly, they get the tax benefits applicable to NRIs. However, with a view to provide a uniform method of computation of period of stay in India for the purposes of determination of ‘Resident” status in the case of Indian seafarers, whether working on a Indian ships or foreign ship, Union Finance Minister in the Union Budget 2015-16 has announced that an enabling power will be provided to Central Board of Direct Taxes (CBDT) to prescribe the same in the rules.

The Ministry of Shipping has sent written communications to the Department of Revenue for working out the methodology for computation of “Resident” status of seafarers.

This information was given by Minister of State for Shipping, Shri Pon. Radhakrishnan in a written reply to a question in the Lok Sabha today.


Tuesday, July 14, 2015

Commencement of Electronic Verification of Income Tax Returns for AY 2015-16

To facilitate the taxpayers and to provide end-to-end e-enabled services, the Income Tax Return for A.Y. 2015-16 can now be verified electronically.

A taxpayer may verify his return through Internet Banking or through Aadhar based authentication process. Persons using this facility will not be required to submit a signed paper copy of ITR-Verification form (ITR-V) to CPC Bengaluru.
For the convenience of small taxpayers having total income of Rs. 5 lakhs or below without any claim of refund, facility for generating Electronic Verification Code (EVC) has also been provided on the E-filing website of the Department. In such cases EVC will be sent to the Registered Email ID and Mobile Number of person to enable him to thereafter use this code to verify the return.

In case a taxpayer is unable to electronically verify the ITR using the EVC for any reason, then, the signed copy of ITR-V may be sent within the specified time of 120 days to CPC Bengaluru by Ordinary post or Speed post.

Details regarding e-verification are available in Notification 2/2015 in issued on 13th July 2015 at

Taxpayers are requested to use Electronic Verification facility in view of the convenience and flexibility offered. Taxpayers are also requested to e-file their returns early to avoid the rush closer to the last date.