New Delhi [India], June 6 (ANI): According to the Central Board of Direct Taxes (CBDT) released notifications, under section 10(38) of the Income-tax Act, 1961, prior to its amendment by Finance Act, 2017 it was provided that the income arising by way of a transfer of long term capital asset
New Delhi [India], May 31 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday announced extension of the date of filing for Statement of Financial Transaction (SFT) under Section 285BA of the Income-tax Act, 1961, which requires furnishing under Rule 114E of the Income-tax Rules, 19
New Delhi [India], May 24 (ANI): Central Board of Direct Taxes (CBDT) has felicitated Abhishek Verma, Income Tax Inspector at the national capital, after the team comprising the latter clinched a gold medal in the men's compound team event at the season's first Archery World Cup in
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) on Monday announced entering into two Unilateral Advance Pricing Agreements (APA) with Indian taxpayers on May 4 and 11 respectively, out of which one agreement holds a rollback provision.
New Delhi [India], May 17 (ANI): Sacked Aam Aadmi Party (AAP) leader Kapil Mishra on Wednesday asserted that he will visit the Central Board of Direct Taxes (CBDT) today to file a complaint against Delhi Chief Minister Arvind Kejriwal.
New Delhi [India], May 16 (ANI): After threatening to drag Delhi Chief Minister Arvind Kejriwal to Tihar Jail, sacked Delhi minister Kapil Mishra will on Tuesday approach the Central Bureau of Investigation (CBI) and Central Board of Direct Taxes (CBDT) to submit evidences of corruption agai
New Delhi [India], May 11 (ANI): The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has sought the general public's view on a draft version of the Income Computation and Disclosure Standards (ICDS) on real estate transactions.
New Delhi [India], Apr.28 (ANI): The Central Board of Direct Taxes (CBDT) has signed two Unilateral Advance Pricing Agreements (APAs) with Indian taxpayers, strengthening the government's commitment to fostering a non-adversarial tax regime
New Delhi [India], Apr. 14 (ANI): 'Operation Clean Money', an initiative to eradicate black money from the economy successfully entered into its second phase, identifying more than 60,000 persons, including 1300 high risk persons for investigation into claims of excessive cash sal
New Delhi [India], Apr 12 (ANI): As part of the Foreign Account Tax Compliance Act (FATCA) compliance, the bank accounts opened between July 1, 2014, and August 31, 2015, are required to submit self certification forms by April 30 this year failing which the accounts will be blocked, said a
New Delhi [India], Apr. 11 (ANI): In order to improve the Ease of Doing Business for newly incorporated corporates, the Central Board of Direct Taxes (CBDT) has tied up with Ministry of Corporate Affairs (MCA) to issue Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) in
New Delhi [India], Apr 7 (ANI): The Central Board of Direct Taxes on Friday signified the concerted and coordinated actions of Law Enforcement Agencies (LEAs) under the Department of Revenue who have achieved phenomenal success in fighting the menace of black money during the last three year