Month: July 2012

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

The Government of India has issued a detailed letter dated 28.06.2012 by which a scheme for removal of “dead wood” amongst government servants has been formulated. The letter points out that a few members of the All-India Services do become mere passengers in their post. They become either stale or listless; they do not exhibit any creativity or innovativeness; and they do not achieve results. This results in the operation of the “Peter Principle” (every man rises to the level of his incompetence from where he can go no higher) and one must guard against this says the letter. The scheme provides for the compulsory retirement of such employees so the cost on the exchequer is saved