Search For "cbd"
SC notice to Centre on plea against tax on disability pension
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Supreme Court on Friday issued notice to the Centre on a petition filed by a group of armed forces veterans against a CBDT circular stating that disability pension of those who have not been invalidated out of forces due to injury would be taxed.
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Giriraj Prasad Gupta takes over as new CGA
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): Giriraj Prasad Gupta, a 1983-batch Indian Civil Accounts Service (ICAS) officer, took over as the Controller General of Accounts (CGA) with effect from August 1, 2019.
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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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Number of tax assesses goes up, direct tax collections jump: CAG
Updated : 6 years, 7 months ago IST
New Delhi [India], July 30 (ANI): The number of non-corporate assessees increased from 4.37 crore in 2016-17 to 5.38 crore in 2017-18, marking an increase of 23.1 per cent, the Comptroller and Auditor General (CAG) of India said on Tuesday.
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Ex-servicemen approach Supreme Court over disability pension issue
Updated : 6 years, 7 months ago IST
New Delhi (India), July 25 (ANI): Sixty-four ex-servicemen have approached Supreme Court against a CBDT circular stating that disability pension of those veterans who have not been invalidated out of forces due to the injuries, would be taxed.
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Assets worth Rs 1.28 crore seized from business group in connection with J
Updated : 6 years, 7 months ago IST
New Delhi [India], July 24 (ANI): The Central Board of Direct Taxes (CBDT) said a search operation was conducted on a business group which led to the seizure of unaccounted jewellery and undisclosed cash of more than Rs 1.28 crore from the promoter of the group, in connection with the Jam
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Date for filing ITR extended to August 31, 2019
Updated : 6 years, 7 months ago IST
New Delhi [India], July 23 (ANI): The date for filing income tax returns (ITR) for the assessment year 2019-20 has been extended to August 31, 2019, said the government in a statement on Tuesday
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No changes made in Income Tax Return forms: CBDT
Updated : 6 years, 8 months ago IST
New Delhi (India), July 16 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday said that no changes have been made in any of the Income Tax Return (ITR) forms.
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Direct tax mobilisation target realistic, says CBDT Chairman Mody
Updated : 6 years, 8 months ago IST
New Delhi [India], July 9 (ANI): The government's direct tax mobilisation target of Rs 13.35 lakh crore during 2019-20 is realistic and achievable, Chairman of the Central Board of Direct Taxes (CBDT) P C Mody said on Tuesday.
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Govt working as an accountant for every taxpayer: CBDT Chairman
Updated : 6 years, 8 months ago IST
New Delhi [India], July 6 (ANI): Pre-filled income tax returns will leverage technology, encourage compliance and make the process of filing declaration less cumbersome for a common person, the Central Board of Direct Taxes (CBDT) said on Saturday.
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CBDT expands scope of direct tax code panel
Updated : 6 years, 8 months ago IST
New Delhi [India], Jun 27 (ANI): The Central Board of Direct Taxes (CBDT) has expanded the terms of reference for the committee that has been formed to re-write the Direct Tax Code (DTC) which will simplify complex income tax laws.
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CBDT task force gets 2 month extension to draft new direct tax code
Updated : 6 years, 9 months ago IST
New Delhi [India], May 25 (ANI): Finance Minister Arun Jaitley has given the Central Board of Direct Taxes (CBDT) task force an extension of two months to draft a new Direct Tax Code which will simplify complex income tax laws.
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