Help guide for applying Import-Export code

0 comments Saturday, February 12, 2011
IEC code can be now applied online at the site http://dgft.gov.in/

I have received a file which explains how to apply IEC code online as well as mannual.I am sharing it for benefit of visitors to my blog.

For helpguide on how to apply Import-Export code(IEC code) click on the following link

Help Guide on IEC





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Monetory limits for filing appeals by Income Tax Department before Appellate Tribunal, HCs, SC raised.

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Monetory Limits for filing of appeals on merits by department before Appellate Tribunal, High Courts and Supreme Court  have been raised by CBDT vide its instruction no. 3/2011 [F. NO. 279/MISC. 142/2007-ITJ], DATED 9-2-2011. Earlier the monetory limits for filing appeals by Department were as follows:

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Existing monetary limits for assigning cases of Income Tax to ITOs and DCs/ACs, raised by CBDT

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The limits for assigning cases to Deputy Commissioners/Assistant Commissioners and ITOs have been revised by CBDT w.e.f 01-04-2011. The changes has been done with a view to remove that was caused to taxpayers in mofussil(i.e. small stations/cities other than metro cities) areas because of existing monetary limits which results in transfer of their cases to Deputy Commissioners/Assistant Commissioners which are located in some other station.  
 The relevant circular is produced herebelow for ready reference of readers:


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Due date for submission of ITR-V for A.Y 2010-11 extended to 31st July 2011

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The due date for submission of ITR-V form relating to Income Tax Returns for A.Y 2010-11 has been extended to 31st July 2011 or within 120 days from the date of uploading of electronic return data, whichever is later by CBDT vide its circular dated 10-02-2011. The relevant circular and press release is produced herebelow for ready reference.


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