Search For "1961"
Start-ups with turnover up to Rs 25 crore to get promised tax holiday: CBD
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 22 (ANI): The Central Board of Direct Taxes (CBDT) clarified on Thursday that small start-ups with turnover up to Rs 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act 1961 which provides deduction for 100 per ce
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Govt allows Task Force to submit report on direct tax code by Aug 16
Updated : 6 years, 7 months ago IST
New Delhi [India], July 31 (ANI): The government has allowed Task Force which was constituted in November 2017 to review existing Income-tax Act, 1961 and draft a new direct tax law, to submit its report by August 16 in the light of the fact that new members of task force requested for more
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Four supplementary prosecution complaints filed against Gautam Khaitan in
Updated : 6 years, 9 months ago IST
New Delhi [India], Jun 11 (ANI): On June 7, the Directorate of Income Tax (investigation) has filed four supplementary prosecution complaints for fiscal year 2009-10 to 2012-13 before the income-tax special court against Gautam Khaitan, who is also one of the accused in the Rs 3,600 crore Ag
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NASA honours 'Hidden Figures' Katherine Johnson by renaming facility
Updated : 7 years ago IST
Washington D.C. [USA], Feb 25 (ANI): NASA has renamed its Independent Verification and Validation (IV&V) Facility in Fairmont, West Virginia to honour "trailblazer" Katherine Johnson, who successfully calculated the trajectory for Alan Shepard’s Freedom 7 mission in 1961 amongst
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Steven Spielberg's 'West Side Story' casts unknown 17-year-old
Updated : 7 years, 1 month ago IST
Washington D.C. [USA], Jan 15 (ANI): Rachel Zegler, a high school student is all set to make her film debut starring in the role played by Natalie Wood in the 1961 classic.
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Steven Spielberg's 'West Side Story' Casts unknown 17-year-old
Updated : 7 years, 1 month ago IST
Washington D.C. [USA], Jan 15 (ANI): Rachel Zegler, a high school student is all set to make her film debut starring in the role played by Natalie Wood in the 1961 classic.
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Marilyn Monroe's 1961 golden globe award auctioned off
Updated : 7 years, 3 months ago IST
Washington DC, [USA] Nov 18 (ANI): History was made, as late Hollywood actor Marilyn Monroe's 1961 Golden Globe Award sold for USD 250,000 (Rs 1.79 crore).
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CBDT issues draft notification for amending computation of interest income
Updated : 7 years, 8 months ago IST
New Delhi [India], June 20 (ANI): The Department of Income Tax (IT) through the Central Board of Direct Taxes (CBDT) has prposed to amend Rule 10CB of IT Rules, 1962 in respect of computation of interest income pursuant to secondary adjustment u/s 92CE of IT Act, 1961.
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IT Dept. extends date for sending suggestions on new direct tax
Updated : 7 years, 9 months ago IST
New Delhi (India), May 28 (ANI): The Income Tax Department's Task Force has extended the date for sending suggestions or feedback on existing Income-Tax Act, 1961 and drafting a new direct tax law till June 15.
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Task force gets deadline extension to present report on tax laws
Updated : 7 years, 9 months ago IST
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday announced a three-month extension for the special task force, constituted to review the existing tax laws and suggest necessary modifications.
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CBDT notifies introduction of section 112A in the Act
Updated : 7 years, 10 months ago IST
New Delhi [India], Apr 24 (ANI): Central Board of Direct Taxes (CBDT) on Tuesday notified that the Finance Act, 2018 has withdrawn the exemption under clause (38) of section 10 of the Income-tax Act, 1961 (the Act) and has introduced a new section 112A in the Act.
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CBDT amends Section 16 of Income Tax Act
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 05 (ANI): The Central Board of Direct Taxes (CBDT) on Thursday announced that the Finance Act, 2018 has amended Section 16 of the Income Tax Act, 1961.
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