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Post by Saurabh Jain on Jun 2, 2006 23:35:34 GMT 5.5
New Income-tax Return- ‘Form No.2F’
With a view to make return filing easier, the Central Government has notified on 1st June, 2006 a new income-tax return form “ Form 2F” for Assessment Year 2006-07. This Form has been designed in a manner so that it is easy to understand and can be filled up with little or no help.
This Form can be used by resident individuals and HUF who do not have – (i) profits and gains of business or profession; or (ii) capital gains; or (iii) agriculture income; or (iv) more than one house property; or (v) any claim for relief under section 89 in respect of arrears or advance of Salary.
However Individuals/HUF having long-term capital gains from transactions in securities on which securities transaction tax (STT) has been paid can also use this form.
This Form is applicable with immediate effect. However to allow sufficient time to taxpayers to familiarize with this Return form, the existing one page Saral Form :2E can also be used up to 31.7 2006. Please Use Reply to add your comments Send Topic to friend to email this page
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Post by kuchu on Jun 3, 2006 11:06:36 GMT 5.5
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Post by bhumika malik on Jun 4, 2006 16:11:11 GMT 5.5
???its useless entitling to this type of scheme as due to the current state of indian economy rich is becomin more rich and poor is becoming more poor as to the indian infrastructure report busineemen is under threat either it is small scale or big industralists. whereas taxation on property is concerned theres more to analyse
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Post by bhumika malik on Jun 4, 2006 16:12:20 GMT 5.5
???its useless entitling to this type of scheme as due to the current state of indian economy rich is becomin more rich and poor is becoming more poor as to the indian infrastructure report businessmen is under threat either it is small scale or big industralists. whereas taxation on property is concerned theres more to analyse
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Post by srikanth1971 on Jun 7, 2006 9:57:43 GMT 5.5
The amendments taking place in the Income Tax field is quite surprise everytime.... On what basis they implement such changes.....I don't know.......Normally for any change in the Public related matters.....first it should consider at levels and obtain opinions from various sources before implementation....but for Income Tax they follow dictatorship since Independence...... the reason is for all is the educated people has less interest in politics .....Who is going to tag bell on CAT...........?
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