Search For "cbdt"
Centre exempts tax for interest income on select off-shore rupee denominat
Updated : 7 years, 6 months ago IST
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
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Confident of strictly maintaining fiscal deficit at 3.3%: Jaitley
Updated : 7 years, 6 months ago IST
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.
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AAP dismisses EC's report on donation discrepancies
Updated : 7 years, 6 months ago IST
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).
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CBDT to scrutinise 0.35% IT returns filed last year
Updated : 7 years, 7 months ago IST
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.
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CBDT signs nine Unilateral Advance Pricing Agreements in July
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Central Board of Direct Taxes (CBDT) signed its 232nd Advance Pricing Agreement (APA) in the month of July.
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IT Dept. expedites clearance of pending issue of refunds
Updated : 7 years, 8 months ago IST
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.
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PAN-Aadhaar linking deadline extended till March 2019
Updated : 7 years, 8 months ago IST
New Delhi [India], July 01 (ANI): Deadline for the PAN-Aadhaar linking has been extended till March 31, 2019, by Central Board of Direct Taxes (CBDT).
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Centre probing fresh cases of 'Panama Paper Leaks'
Updated : 7 years, 9 months ago IST
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'.
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CBDT issues draft notification for amending computation of interest income
Updated : 7 years, 9 months ago IST
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.
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CBDT proposes amendments to three IT forms, invites public suggestions
Updated : 7 years, 9 months ago IST
New Delhi [India], June 13 (ANI): The Central Board of Direct Taxes (CBDT) has proposed amendments in two forms and one rule under to Income Tax Rules, 1962 (I.T.Rules).
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Rs 1-cr reward scheme becomes headache for IT Dept
Updated : 7 years, 9 months ago IST
New Delhi [India], June 8 (ANI): After raising the reward for the people informing about the tax evasion, the Income-Tax Department is now being bombarded with calls, couriers and emails by the informants.
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CBDT dedicates June 1 to 15 for expeditious disposal of pending appeal eff
Updated : 7 years, 9 months ago IST
New Delhi [India], June 7 (ANI): The Central Board of Direct Taxes (CBDT) has dedicated a fortnight, from June 1 to June 15, for expeditious disposal of pending appeal effect and rectification matters.
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