New Delhi [India], Feb 28 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday announced that it has entered into 10 more Advance Pricing Agreements (APAs) over the last one week, including seven Unilateral APAs.
New Delhi [India], Feb 13 (ANI): The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) on Monday said that it has processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017.
New Delhi [India], Feb 8 (ANI): In continuation of the initiative of the government to acknowledge the contribution of tax payers by paying taxes towards nation building and promptness in filing of Income Tax Returns, Central Board of Direct Taxation (CBDT) has issued the third round of Cert
New Delhi [India], Feb 7 (ANI): The Central Board of Direct Taxation (CBDT) on Tuesday announced that India and Austria signed a protocol amending the existing convention between the two countries for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on
New Delhi [India], Feb 7 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday announced signing of four more unilateral Advance Pricing Agreements (APAs) on 6th February, 2017.
New Delhi [India], Feb. 6 (ANI): Out of a total of 15 lakh companies in India, over 50 percent of them are not filing income tax returns, said Sushil Chandra, Chairman, Central Board of Direct Taxation (CBDT).
New Delhi [India], Jan 27 (ANI): The Central Board of Direct Taxation (CBDT) on Friday issued the provisions of General Anti Avoidance Rule (GAAR) contained in Chapter X-A of the Income Tax Act, 1961, with the provisions effective from assessment year 2018-19 onwards, i.e. financial year 201
New Delhi [India], Jan 24 (ANI): The concept of Place of Effective Management (POEM) for deciding the residential status of a company was introduced by the Finance Act, 2015.
New Delhi [India], Jan 19 (ANI-BusinessWireIndia): RMZ Corp is going to take over the 1.25 million sq ft (mnsft) Equinox Business Park that is located in Mumbai's prime CBD at Bandra Kurla Complex and was until now operated by Equinox Realty, the realty arm of Essar. The park is being r
New Delhi [India], Jan 18 (ANI): The Central Board of Direct Taxation (CBDT) on Wednesday issued clarification on Indirect Transfer provisions in respect to circular no. 41/2016, which was issued on December 21, 2016.
New Delhi [India], Jan. 13 (ANI): The Central Board of Direct Taxes (CBDT) on Friday entered into a Bilateral Advance Pricing Agreement (BAPA) with Indian subsidiary of a Japanese trading company.
New Delhi [India], Jan 8 (ANI): The Central Board of Direct Taxation (CBDT) on Sunday issued norms that suggested that the Income-tax Rules have been amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than B