New Delhi [India], Oct 8 (ANI): The Central Board of Direct Taxes (CBDT) on Monday extended the due date of the filing of Income Tax (IT) returns and audit reports till October 31.
New Delhi [India], Sept 28 (ANI): Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra chaired a meeting of Chief Commissioners of Income Tax Department (CCITs) posted in various states through video conferencing and asked them to mop up tax collection.
New Delhi [India], Sep 24 (ANI): The government on Monday extended the due date for filing Income Tax (IT) returns and audit reports till October 15 for the assessment year 2018-19.
New Delhi [India], Sep 17 (ANI): The union government on Monday announced that interest payable by an Indian company or a business trust to a non-resident, including a foreign company, in respect to rupee denominated bonds issued outside India before July 1, 2020, would be liable for a conce
New Delhi [India], Sep 15 (ANI): Union Finance Minister Arun Jaitley on Saturday reiterated that the Bharatiya Janata Party (BJP)-led Central Government is confident of strictly maintaining the fiscal deficit target at 3.3 per cent.
New Delhi [India], Sep 11 (ANI): In a rebuttal to the Election Commission's report on donation discrepancies, the Aam Aadmi Party on Tuesday said that the notice sent to the party was based on poor interpretation of basic accounting practices by the Central Board of Direct Taxation (CBDT).
New Delhi [India], Aug 10 (ANI): The Central Board of Direct Taxation (CBDT) on Thursday said that only 0.35 per cent of the Income Tax returns, filed last year will be scrutinised.
New Delhi [India], July 4 (ANI): The Income Tax Department on Wednesday notified that processing of more than 99 percent of refund under the income-tax returns has been cleared with effect and rectification.
New Delhi [India], June 21 (ANI): The government on Thursday confirmed that it is looking into the fresh release made in the media today under 'Panama Paper Leaks'.
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.