Search For "cbd"
Highest ever 49,29,121 e-returns filed in a single day on August 31: CBDT
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 1 (ANI): The Income Tax (I-T) Department has made history with the highest ever jump in the e-filing of income-tax returns (ITRs). An all-time high of 49,29,121 ITRs was filed in a single day on August 31, said the Central Board of Direct Taxes (CBDT) on Sunday.
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Two per cent TDS to be levied on cash withdrawals over Rs 1 crore from Sep
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Revenue Department on Friday informed that the two per cent tax deduction at source (TDS) on cash withdrawal of over Rs 1 crore within a year will come into effect from September 1.
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CBDT constitutes special cell to redress grievances of start-ups
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Central Board of Direct Taxes (CBDT) on Friday constituted a special cell to redress the grievances of start-ups and mitigate their tax-related issues.
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File IT returns by Aug 31, no extension of date: CBDT
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Central Board of Direct Taxes (CBDT) on Friday clarified that no order has been issued regarding extension of filing IT returns and advised people to file returns by August 31.
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CBDT denies that last week's announcements create a differential regime fo
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 28 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday dispelled doubts that last Friday announcements made by Finance Minister Nirmala Sitharaman which brought in several structural measures to boost up the economy have created a differential regime betwee
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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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Committee submits report on replacing I-T Act with Direct Tax Code
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 19 (ANI): A committee of experts headed by Central Board of Direct Taxes (CBDT) member Akhilesh Ranjan on Monday submitted its report on replacing the Income Tax Act with a new Direct Tax Code.
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CBDT to attach DIN to each communication from Oct 1
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 14 (ANI): The Central Board of Direct Taxes (CBDT) has taken a step to "ensure greater transparency and accountability in tax administration", according to a press release on Wednesday.
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I-T dept giving birth to tax terrorism: Adhir Chowdhury on notices to Durg
Updated : 6 years, 7 months ago IST
Berhampore (West Bengal) [India], Aug 14 (ANI): Congress MP Adhir Ranjan Chowdhury on Tuesday hit out at the Income Tax department over its clarification on notices given to Durga Puja Committees stating that it is giving birth to "tax terrorism".
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CBDT clarification on notices to Durga Puja Committees factually incorrect
Updated : 6 years, 7 months ago IST
Kolkata (West Bengal) [India], Aug 14 (ANI): West Bengal Chief Minister Mamata Banerjee on Tuesday slammed the Central Board of Direct Taxation (CBDT) over its clarification on the notice to Durga Puja Committees and claimed that it was factually incorrect.
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CBDT rebuts incorrect reports about Income Tax notices to Durga Puja Commi
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 13 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday denied reports of Income Tax notices being issued to Durga Puja committees in Kolkata.
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CBDT simplifies angel tax assessment process for start-ups
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 10 (ANI): Giving relief to start-ups facing angel tax issue, the Ministry of Finance on Saturday simplified its assessment process under which action could be taken against such entities only after the approval of a supervisory officer.
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