Wednesday, 11 June 2014

CBDT Releases ITR-3 (Income Tax Return Utility) for AY 2014-15

ITR 3 – For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship – Income Tax Department has released ITR-3 (Income Tax Return Utility) for Assessment Year 2014-15 for e-filing of Income Tax Returns. ITR-3 for Assessment Year 2014-15 has been released by CBDT vide Notification No. 28/2014, Dated- 30th day of May, 2014.
Link to Download ITR-3 (Income Tax Return Utility) for Assessment Year 2014-15

https://incometaxindiaefiling.gov.in/e-Filing/

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Bombay High Court Clarifies Tax Exemption Eligibility for Venture Capital Funds

  In a significant ruling, the Bombay High Court has reaffirmed that a Venture Capital Fund (VCF) registered with SEBI is entitled to claim ...