New Delhi [India] Nov. 14 (ANI): The Chairman of the Central Board of Direct Taxes (CBDT) on Tuesday said swift action will be taken in the Paradise Papers case once all details of the accused are available.
New Delhi [India], Nov. 7 (ANI): Central Board of Direct Taxes (CBDT) on Tuesday announced issued notifications regarding the Indian Government signing a its third protocol for amendment of the convention with government of New Zealand for the avoidance of double taxation.
New Delhi [India], November 6 (ANI): The Ministry of Finance on Monday said that the investigation into the cases pertaining to the 'Panama Papers' was in full swing.
New Delhi [India], November 6 (ANI): The Central Government has directed that investigations in cases of Paradise Papers would be monitored through a reconstituted Multi Agency Group, the Central Board of Direct Taxes (CBDT) said, in an official statement today.
New Delhi [India], Nov. 3 (ANI): The Central Board of Direct Taxes (CBDT) on Friday clarified that cash sale of agricultural produce by its cultivator to the trader for an amount less than Rs. 2 lakh will not result in any disallowance of expenditure under section 40A (3) of the Income-tax A
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
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.
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
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.
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.
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.