Search For "cbdt"
IDFC FIRST Bank goes live on Direct Tax Collection System of CBDT
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 9: IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank's customers can now benefit from an intuitive, hassle-free payment experience for p
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New deadline to file belated/revised ITR extended to 15 January for reside
Updated : 1 year, 2 months ago IST
The Central Board of Direct Taxes (CBDT) has extended the last date for furnishing Belated/ Revised return of income (ITR) for the Assessment Year (AY) 2024-25 for Resident Individuals, the CBDT stated in a notification.
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Vivad Se Vishwas Scheme gets one-month extension
Updated : 1 year, 2 months ago IST
The government has extended by a month the due date to resolve pending appeals in the case of income tax disputes under the Vivad Se Vishwas Scheme.
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Direct tax collections rise 20.3% to Rs 19.2 lakh crore by far in 2024-25
Updated : 1 year, 3 months ago IST
The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at Rs 19.21 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Wednesday.
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CBDT launches electronic campaign to resolve income and transaction mismat
Updated : 1 year, 3 months ago IST
This initiative targets the financial years 2023-24 and 2021-22, extending its scope to include individuals with taxable income or high-value transactions reflected in their AIS but who have not filed their ITRs for these years.
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Central Board of Direct Taxes extends deadline for taxpayers with internat
Updated : 1 year, 3 months ago IST
The Central Board of Direct Taxes (CBDT) on Saturday extended the due date for filing the return of income tax for tax payers with international transactions who are required to submit informations under section 92E.
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Income tax department advises taxpayers to carefully review their foreign
Updated : 1 year, 3 months ago IST
Shashi Bhushan Shukla, Commissioner (Investigation), CBDT advised all taxpayers to carefully review their foreign income and assets and report them accurately in their Income Tax Returns (ITRs).
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Taxpayers with foreign income or assets have until December 31 to correct
Updated : 1 year, 4 months ago IST
Speaking at India International Trade Fair (IITF) after the inauguration of Income Tax lounges Agarwal emphasized the department's proactive approach in identifying discrepancies using data received through the Automatic Exchange of Information system.
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CBDT launches compliance-cum-awareness campaign for AY 2024-25 to assist t
Updated : 1 year, 4 months ago IST
As part of the campaign, the CBDT will send informational messages via SMS and email to resident taxpayers who have already filed their ITR for AY 2024-25.
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Nirmala Sitharaman apprised about review of Income Tax Act by top official
Updated : 1 year, 4 months ago IST
The goal is to make the Act concise, clear, and easy to understand, which will reduce disputes, and litigation, and provide greater tax certainty to taxpayers.
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CBDT announces extending ITR filing deadline for corporates till November
Updated : 1 year, 4 months ago IST
The Central Board of Direct Taxes (CBDT) has announced the extension of the due date for filing Income Tax Returns (ITR) for corporates in the assessment year 2024-25, The Ministry of Finance said in an official release on Saturday.
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Govt should prioritise review of Income Tax Act, get it passed as money bi
Updated : 1 year, 4 months ago IST
SBI research in a report has advocated for quicker review of the Income Tax Act as announced in Budget 2024-25.
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