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PTI Feeds February 20, 2024 2:35 PM IST
The Central Board of Direct Taxes (CBDT) has set a ceiling of 1 lakh per assessee for the withdrawal of small tax demands until the 2015-16 assessment year.
Gazi Abbas Shahid September 30, 2023 4:06 PM IST
The CBDT is the apex policy-making body for the Income-tax department. It is headed by a chairman and can have six members who are in the rank of special secretary.
India.com News Desk April 9, 2019 8:57 AM IST
Madhya Pradesh CM Kamal Nath's officer on special duty (OSD) Praveen Kakkar called the income tax raids as "political operation" as the officials couldn't find anything "objectionable".
India.com News Desk March 31, 2019 8:49 PM IST
The government on Sunday extended the deadline for linking PAN with biometric ID Aadhaar and the next deadline has been fixed for September 30.
India.com Business Desk December 5, 2018 7:59 AM IST
Chandra also stated that, "Less than 0.5 per cent of cases have been brought under scrutiny which should provide comfort to assesses." To ease the business process, returns form also been simplified, he asserted.
India.com Business Desk November 26, 2018 2:37 PM IST
The statement further added, "These rules may be called the Income-tax (Twelfth Amendment) Rules, 2018."
India.com News Desk January 9, 2018 7:43 AM IST
The assessment order by the Income Tax (IT) department states that AAP allegedly did not record the details of over 450 donors contributing more than Rs 20,000 each, who collectively donated Rs 6.26 crore.
India.com News Desk September 11, 2017 4:18 PM IST
The CBDT said it found that there had been "huge" increases in the Lok Sabha MPs' assets and "substantial" increases in MLAs' assets after preliminary investigations into their assets.
Uddipta Das July 31, 2017 4:43 PM IST
The government also earlier today extended the deadline for filing Income Tax Returns till August 5.
India.com News Desk July 10, 2017 7:52 PM IST
All taxpayers who wish to receive SMS alerts are advised to register their mobile numbers in the Aaykar Setu module.
Ravi Kaushal February 13, 2017 9:13 PM IST
The refunds amount to the tune of Rs. 1.42 lakh crores.
Uddipta Das December 21, 2016 8:56 AM IST
EC officials suspect that these political parties could just be money-laundering operations, as these parties have not contested any election since 2005 and exist mostly on papers.
India.com News Desk November 17, 2016 4:51 AM IST
Any deposit that more than Rs 2.5 lakh and reflects an abnormal rise in income is likely to be scrutinized and subjected to a 200% penalty.
India.com News Desk June 16, 2016 9:03 AM IST
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Press Trust of India October 1, 2015 10:41 PM IST
The penalty will include a hefty fine along with a jail term of 10 years
Press Trust of India June 3, 2015 6:04 PM IST
CBDT has issued fresh instructions to the taxman to ensure that information on individuals holding black money
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