Search For "cbd"
CBDT issues draft notification of amendment of rule 17A and form 10A
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct 18 (ANI): 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 institutio
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Direct tax collections for FY 2017-18 up by 15.8 percent
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 11 (ANI): The provisional figures of Direct Tax collections up to September, 2017 reported a 15.8 percent increase (Rs. 3.86 lakh crore) compared to the net collections for the corresponding period of last year.
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CBDT signs two more APAs with taxpayers
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct.7 (ANI): The Central Board of Direct Taxes (CBDT) has signed two more advance pricing agreements (APAs) with taxpayers as part of its aim to reduce litigation by providing certainty in transfer pricing.
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CBDT seeks suggestions on framing of rules on country-by-country reporting
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct.6 (ANI): In keeping with India's commitment to implement recommendations of 2015 Final Report on Action 13, titled "Transfer Pricing Documentation and Country-by-Country Reporting", the Department of Income Tax has invited comments from stakeholders and the general pub
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1 Cr reward for secrete informers who tip information against Benami prope
Updated : 8 years, 5 months ago IST
New Delhi [India], September 22 (ANI): The Centre is planning to give out cash rewards to the tune of Rs one crore to secret informers who provide tip offs to investigative agencies in connection with Benami Properties.
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Ministry of Corporate Affairs, CBDT sign MoU for Automatic and Regular Exc
Updated : 8 years, 6 months ago IST
New Delhi [India], Sep 14 (ANI): The Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) on Thursday concluded a formal Memorandum of Understanding (MoU) for data exchange, on 6th September, 2017.
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CBDT announces 19.1 percent growth in Direct Tax up to July
Updated : 8 years, 6 months ago IST
New Delhi [India], Aug 9 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday announced the collections made under Direct Tax up to July, 2017 standing at Rs. 1.90 lakh crore which is 19.1 percent higher than the net collections for the corresponding period of last year.
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CBDT highlights 25 percent surge in filing of IT returns
Updated : 8 years, 6 months ago IST
New Delhi [India], August 7 (ANI): The Central Board of Direct Taxes (CBDT) on Monday highlighted a 25 percent increase in the number of Income Tax Returns (ITRs) filed in the current fiscal, on the backdrop of economic reform, including demonetisation and the Income Tax Department's (I
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Finance Ministry officials trying to derail probe against Chidambarams
Updated : 8 years, 6 months ago IST
New Delhi [India], Aug 7 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy has written a letter to Prime Minister Narendra Modi stating that the Central Bureau of Direct Taxes (CBDT) is not taking action against Karti Chidambaram and P. Chidambaram, further alleging that some offi
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Income Tax offices across India to remain open on Saturday
Updated : 8 years, 6 months ago IST
New Delhi [India], August 4 (ANI): In order to facilitate the manual filing of Income Tax (IT) returns, the Central Board of Direct Taxes (CBDT) has notified that necessary arrangements be made for receiving IT returns up to midnight on Saturday in all IT offices across the country.
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CBDT signs nine UAPAs with Indian taxpayers
Updated : 8 years, 6 months ago IST
New Delhi [India], July 31 (ANI): The Central Board of Direct Taxes (CBDT) on Monday announced entering into nine Unilateral Advance Pricing Agreements (UAPAs) with Indian taxpayers.
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CBDT dismisses reports of extension in deadline to file return
Updated : 8 years, 6 months ago IST
New Delhi [India], July 29 (ANI): Amid reports of an extension of the last date to file for Income Tax returns, the Central Board of Direct Taxes (CBDT) on Saturday while denying the same said no such proposal was made.
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