The government has appointed Nitin Gupta as the chairman of Central Board of Direct Taxes (CBDT). New Delhi, June 27 (IANS) The government has appointed Nitin Gupta as the chairman of Central Board of Direct Taxes (CBDT). “The Appointments Committee of
New Delhi, March 7 (IANS) Considering the objective of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BM Act), the assessment is to be completed at the earliest possible without keeping the same pending till
New Delhi, Sept. Sep 14 The government has decided to exempt investors picking up state’s equity shares under strategic disinvestment programme from the provisions of gift tax. A notification issued by the Central Board of Direct Taxes (CBDT) has amended
New Delhi, Sep 12 The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 70,120 crore to more than 26 lakh taxpayers so far in the current financial year. In a tweet on Sunday, the Income Tax
New Delhi, Sep 7 In order to provide relief to the taxpayers, the Central Board of Direct Taxes (CBDT) has permitted filing of tax settlement applications for period upto January 31, by September 30. It has been decided that such application
New Delhi, Sep 5 People with Employees’ Provident Fund and Voluntary Provident Fund (VPF) contribution of over Rs 2.5 lakh per financial year will now have two separate PF accounts. Finance Minister Nirmala Sitharaman had announced, in this year’s budget, that
New Delhi, Aug 29 In a relief for taxpayers, the Central Board of Direct Taxes (CBDT) has extended the due dates for filing of various electronic forms under the Income Tax Act, 1961. In a statement, the Finance Ministry said
New Delhi, Aug 29 The Central Board of Direct Taxes (CBDT) has further extended the deadline for the payment of amounts under the direct tax dispute resolution scheme — ‘Vivad Se Vishwas’ — without any additional charge till September 30.
New Delhi, Aug 4 The Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing of tax forms in view of difficulties reported by the taxpayers and other stakeholders. The Income Tax Department
New Delhi, July 20 The Central Board of Direct Taxes (CBDT) has granted further relaxation in the electronic filing of forms 15CA and 15CB, a Finance Ministry statement said on Tuesday. It has now been decided to extend the aforesaid
New Delhi, July 6 The Central Board of Direct Taxes (CBDT) has again extended the deadline for filing of income tax forms 15CA and 15CB, which are filed in terms of foreign remittances. The last date of filing the forms
New Delhi, July 2 Buyers will have to deduct tax at source at 0.1 per cent of the amount paid for goods for all purchases made during the year post June 30, 2021 if the value of purchases or advance
New Delhi, May 28 The Appointments Committee of the Cabinet (ACC) has approved the appointment of three members of the Central Board of Direct Taxes (CBDT). In a circular issued on Thursday by the Department of Personnel and Training, Anu
New Delhi, May 20 In view of the hardship being faced by taxpayers on account of the severe Covid-19 pandemic and on consideration of representations received from various stakeholders, the government has decided to provide further relief to taxpayers by
ew Delhi, March 31 As per the directives of the Central Board of Direct Taxes (CBDT), it is mandatory for all Permanent Account Number (PAN) card holders to link their Aadhaar with PAN on or before March 31. ‘If your
New Delhi, March 4 The Central Board of Direct Taxes will provide relief to NRIs, foreign visitors facing double taxation for overstaying in India due to lockdown and suspension of international flights during current financial year (FY21). Government had earlier
New Delhi, Jan 13 Taking another step towards e-governance and encouraging the participation of citizens as stakeholders in curbing tax evasion, the Central Board of Direct Taxes (CBDT) has launched an automated dedicated e-portal on the e-filing website of the
New Delhi, Jan 12 The Central Board of Direct Taxes dashed hopes of all taxpayers waiting for further extension of due dates for filing tax returns rejecting all representation in this regard, citing that the process cannot be delayed ‘indefinitely’
New Delhi, Nov 26 The Central Board of Direct Taxes (CBDT) has issued refunds of nearly Rs 1.37 lakh crore to over 41.25 lakh taxpayers so far in the financial year 2020-21. The total refund amount includes Rs 36,028 crore
New Delhi, Nov 19 The Central Board of Direct Taxes (CBDT) on Wednesday said that it has issued direct tax refunds refunds of over Rs 1.36 lakh crore to over 40 lakh taxpayers so far in FY21. The total refunded
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