|
|
click this icon for latest updates
ANI August 19, 2019 7:23 PM IST
The task force was scheduled to submit its report by May 31 but the then Finance Minister Arun Jaitley gave it a two-month extension.
IANS August 17, 2019 9:41 PM IST
All unaccounted cash deposits made between November 9, 2016 and December 31, 2016 will be examined as part of this plan.
India.com Business Desk August 13, 2019 8:21 PM IST
The CBDT clarified that reports about Income Tax notices sent to the Durga Puja Committee Forum were false, as they had not issued one in 2019.
India.com News Desk June 26, 2019 7:02 AM IST
The defence sources added that the tax exemption on the military pension is applicable to those who were forced or 'invalidated' out of service due to their disability hindering their service.
India.com Business Desk May 7, 2019 7:53 AM IST
The CBDT added that the number of paper ITRs for AY 2017-18 was only 9.2 lakh and 4.8 lakh for AY 2018-19.
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 News Desk February 15, 2019 4:23 PM IST
The former Central Board of Direct Taxes (CBDT) chairman who served multiple stints with the Income Tax department in Gujarat, was on Thursday appointed as one of two Election Commissioners by the central government.
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.
PTI December 4, 2018 2:57 PM IST
Demonetisation has been very good for increasing the tax base of the country.
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 Business Desk October 8, 2018 9:07 PM IST
The assessees filing their return of income within the extended due date shall be liable for levy of interest as per provisions of section 234A of the Income-tax Act, 1961, the CBDT added.
India.com Business Desk July 9, 2018 1:51 PM IST
A High-pitched scrutiny assessment case is one where tax notices are sent on frivolous grounds and gross negligence without holding principles of natural justice by the assessing officer.
India.com Business Desk April 27, 2018 11:20 AM IST
You can earn a reward of up to Rs 5 crore if you inform the Central Board of Direct Taxes about black money, illegal assets or benami property. The Income Tax Informants Rewards Scheme 2018 came into effect this week.
India.com Business Desk April 5, 2018 11:26 PM IST
The policy-making body of the tax department has claimed that there is no change in the manner of filing of the ITRs as compared to last year. However, some fields have been "rationalised" in the latest forms.
PTI Feeds February 6, 2018 5:54 PM IST
I-T dept issues notices to crypto currency investors: Chandra
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 Business Desk December 21, 2017 3:47 PM IST
The report stated that as many as 82 lakh of them figured in the zero to less than Rs 2.5 lakh slab on which no tax is levied. As per CBDT data, cumulatively only 1,648 taxpayers reported salary income above Rs 5 crore in the AY 2015-16.
PTI Feeds December 9, 2017 4:35 PM IST
Direct tax collections rise 14% to Rs 4.8 lakh cr in Apr-Nov
PTI Feeds November 19, 2017 1:59 PM IST
Panama:I-T dept slaps criminal charges under anti-black money Act By Neelabh Srivastava
India.com Business Desk November 8, 2017 12:04 PM IST
There are about 33 crore PAN cards, while Aadhaar has been issued to about 115 crore people.
India.com Business Desk November 7, 2017 4:12 PM IST
The Central Board of Direct Taxes (CBDT) on Tuesday informed that the direct tax collections for the financial year 2017-2018 show growth of 15.2% up to October 2017.
India.com News Desk November 1, 2017 12:00 AM IST
The business entities had also cited non-availability of clerical staff at chartered accountants' offices after the rollout of Goods and Services Tax (GST).
ANI Feeds October 18, 2017 5:02 PM IST
Central Board of Direct Taxes on Wednesday stated that the Vide Finance Act, 2017, a new clause (ab) was inserted in sub-section (1) of section 12A of the Income-tax Act, 1961 ('the Act') w.e.f April 1st, 2018 to the effect that where a trust or an institution, which has been granted registration under sections 12A or 12AA of the Act has subsequently adopted or undertaken modification of the objects and such modification does not conform to the conditions of such registration.
Follow Us 