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tax administration

Latest Articles


Income Tax Refund and Right to Information Act (RTI)

Income Tax : If there is one area in the income-tax administration which has remained perennially incurable, it is the Refunds, we shows you an...

October 22, 2020 27531 Views 17 comments Print

Privatisation of tax administration

Income Tax : In the present scenario, tax is a burden imposed by law. Since our present state rest on the Principles of Rule of Law, the tax ad...

November 20, 2009 7317 Views 0 comment Print

Assessee’s rights against delay

Excise Duty : A tax assessee has to deal with the problem of delay almost every time it interacts with the tax authorities. This delay is someti...

November 17, 2009 561 Views 0 comment Print


Latest News


Govt willing To Consider a Phased Approach for Introduction of GST-FM

Goods and Services Tax : FM Expects Inflation to come down to 6 per cent by March, 2011 Govt willing To Consider a Phased Approach for Introduction of GST...

December 15, 2010 565 Views 0 comment Print

On revision of tax treaty Switzerland will exchange details of bank accounts with India

Income Tax : Switzerland has said exchanging details of bank accounts with India would be possible once the tax treaty, aimed at tracking black...

December 9, 2009 684 Views 0 comment Print

Government merged the Authority for Advance Rulings (AAR) for direct and indirect taxes

Income Tax : The government has merged the Authority for Advance Rulings (AAR) for direct and indirect taxes, the two arms of Finance Ministry,...

July 8, 2009 525 Views 0 comment Print

Authentication of documents/notices/letters issued by Income Tax Authorities

Income Tax : The demand on the tax administration has been growing on account of increase in the volume of work. The widening and deepening of ...

April 11, 2009 1244 Views 0 comment Print

Dispensing With TDS Certificate

Income Tax : starting from April 1, 2008, the deductors of TDS are not required to give TDS certificates to the recipients of income or payment...

August 12, 2007 1547 Views 0 comment Print


Latest Notifications


Registration database of Service Tax assesses – Information required for updating under ACES

Service Tax : The new centralized web based software application of CBEC under the name Automation of Centralized Excise and Service Tax (ACES) ...

November 5, 2009 1232 Views 0 comment Print


Latest Posts in tax administration

Income Tax Refund and Right to Information Act (RTI)

October 22, 2020 27531 Views 17 comments Print

If there is one area in the income-tax administration which has remained perennially incurable, it is the Refunds, we shows you an easy way to solve the problem. In a Press Release dated April 19, 2007, the Central Board of Direct Taxes stated: “It has been reported in some sections of the media that a large number of taxpayers are awaiting refunds from the income-tax department for up to three years. These reports are factually incorrect and based on incomplete appraisal of facts”. As per the statement made by Minister of State for Finance, there have been instructions to issue refunds within four months from the date of receipt of return and dispatched within 30 days from the date of signing the refund order. I am sure most readers would doubt the correctness of the above Press Release and Statement. You may not have received refunds for one or more earlier years despite many reminders, personal visits, and grievance-cell applications. It is a helpless and hopeless situation.

Govt willing To Consider a Phased Approach for Introduction of GST-FM

December 15, 2010 565 Views 0 comment Print

FM Expects Inflation to come down to 6 per cent by March, 2011 Govt willing To Consider a Phased Approach for Introduction of GST: FM GST would Improve Tax Collections and Boost India’s Economic Development: FM GST to Encourage Consumer Friendly P

On revision of tax treaty Switzerland will exchange details of bank accounts with India

December 9, 2009 684 Views 0 comment Print

Switzerland has said exchanging details of bank accounts with India would be possible once the tax treaty, aimed at tracking black money, between the two nations is revised. “India and Switzerland are in renegotiations to adapt the existing double taxation treaty. Once this revised double taxation treaty comes into force, it will be possible to exchange account details,” Swiss Federal Tax Administration spokesman Beat Furrer told PTI in an email reply.

Privatisation of tax administration

November 20, 2009 7317 Views 0 comment Print

In the present scenario, tax is a burden imposed by law. Since our present state rest on the Principles of Rule of Law, the tax administration does not remain a mere revenue collection exercise, it take the shape of administration of a branch of law. Thus the ideal taxation is execution of a well defined law with defined burden, legal-procedural-financial, on the subjects. When such law is administered by an inefficient and corrupt institution, it does not result in merely less collection of revenue but erosion of subject’s faith in the existence of Rule of Law.

Assessee’s rights against delay

November 17, 2009 561 Views 0 comment Print

A tax assessee has to deal with the problem of delay almost every time it interacts with the tax authorities. This delay is sometimes due to the system of tax administration, which imposes unnecessary and unreasonable restrictions in the name of checking evasion of taxes. Sometime it is arbitrary whim of the tax administrator, employed to harass an assessee.

Registration database of Service Tax assesses – Information required for updating under ACES

November 5, 2009 1232 Views 0 comment Print

The new centralized web based software application of CBEC under the name Automation of Centralized Excise and Service Tax (ACES) is likely to be introduced shortly. The details of the same can be accessed at http:// www.aces.gov.in. It is designed to provide you an electronic interface with the department and aims at reducing paper work, visit to the departmental offices and improving transparency, accountability and efficiency in indirect tax administration in India.

Government merged the Authority for Advance Rulings (AAR) for direct and indirect taxes

July 8, 2009 525 Views 0 comment Print

The government has merged the Authority for Advance Rulings (AAR) for direct and indirect taxes, the two arms of Finance Ministry, where overseas firms and Non-Resident Indians can know their tax liabilities.To further enhance efficiency in tax administration, I intend to merge the two Authorities for Advance Rulings on Direct and Indirect Taxes by amending the relevant Acts, Finance Minister Pranab Mukherjee said unveiling the budget for 2008-09.

Authentication of documents/notices/letters issued by Income Tax Authorities

April 11, 2009 1244 Views 0 comment Print

The demand on the tax administration has been growing on account of increase in the volume of work. The widening and deepening of the tax base has resulted in substantial increase in the number of taxpayers. To cope with the sheer volume of work and render timely service to the taxpayer, the Department has been […]

Dispensing With TDS Certificate

August 12, 2007 1547 Views 0 comment Print

starting from April 1, 2008, the deductors of TDS are not required to give TDS certificates to the recipients of income or payment in respect of which tax has been deducted. It is one thing to abolish the requirement to attach TDS certificates with the returns filed by the taxpayers but quite another to abolish the very requirement of furnishing TDS certificates to the recipients of income because it can cause considerable inconvenience to them.

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