Friday, 20 July 2012

Be a Part of the IT Boom

The IT fever has spread like fire! Information Technology has become a boom and has revolutionized the entire way of doing things. Dependency on technology has never been like this before. The positive effects of technology have reached to even the remote corners of the world. Individuals today have become tech-savvy and are implementing IT across numerous work processes. With a remarkable growth over the recent past, the promising IT sector offers several opportunities for professional growth and practice. Hence, several young and aspiring individuals are getting drawn to the glitz of IT industry.
Understanding the increasing need for technology and lack of competent workforce in the field, ICA Infotech offers array of IT enabled study programs to equip young minds with requisite skills and knowledge for being a part of the highly developed technology sector. ICA Infotech offers holistic training and focuses strives to bridge the gap between the demand for skilled professionals in the industry and the availability of the same. To accomplish its purpose of imparting quality education and technology enabled training, ICA Infotech adopts practice-based study techniques. The enriching training procedures emphasize on skillful learning. It offers a plethora of study programs that offer comprehensive learning in the promising fields of today.
ICA Infotech offers holistic education and training through an enriching series of courses that include B.Com. (Computerized Accounting / Banking & Finance),  PGDCA (Business Application), BBA (Finance & Marketing), MCA (Software Engineering & Networking) and PGDBM (Taxation & Finance). Adding to the quality of learning, the study programs at ICA are accredited and recognized by the renowned Lovely Professional University. Moreover, the curriculum is regularly updated and regulated on the basis of industry fluctuations and advancements. This helps in keeping pace with the ever-evolving demands of the profession.
ICA infotech believes in generating sufficient opportunities for the skilled and qualified. In association with India’s topmost staffing company, ICA assures 100% job placements to all its students. Thus the institute endeavors to provide the best platform for building thriving careers in the flourishing professions of today. ICA infotech is an ISO certified institute that is testimony to the excellent quality of education it imparts to students and aspiring individuals. The institute not only generates immense opportunities for employment but also guides ambitious students with enriching knowledge and requisite skills for the global competition ahead.

Thursday, 19 July 2012

Compulsory E-filing for Income above `10 lakhs

CBDT has issued Notification S.O. 626(E), dated 28th March 2012 vide which e-Filing has been made compulsory for Assessment Year 2012-13 onwards for:

• An individual or a Hindu undivided family, if his or its total income, or the total income in respect of which he is or it is assessable under the Act during the previous year, exceeds ten lakh rupees; and

• An individual or a Hindu Undivided Family (HUF), being a resident, having assets (including financial interest in any entity) located outside India or signing authority in any account located outside India and required to furnish the return in Form ITR-2 or ITR-3 or ITR-4.
• However, digital signature will not be mandatory for these taxpayers and they can also transmit the data in the return electronically and thereafter submit the verification of the return in Form ITR-V.

• Filing of returns electronically under digital signatures is already mandatory for any company required to furnish the return in Form ITR-6 or a firm required to furnish the return in Form ITR-5 or an individual or HUF required to furnish the return in Form ITR-4 and to whom provisions of section 44AB are applicable.

• The Income Tax Department has received a record number of 1.64 crore income tax returns electronically in the year 2011-12. E-filing is an easy, fast and secure method of filing of income tax return. The electronically filed returns are processed at the Centralized Processing Centre, Bengaluru. The processing for e-filed return is faster and taxpayers get their refunds, if due, quickly. The Department also provides some value added services like tracking of refunds, viewing tax credit status (Form 26AS), e-mail and SMS alerts regarding status of processing and refunds to taxpayers who e-file their returns.