CBDT notifies rule for determination of value of perquisite

Board of Direct Taxes, the Central Board of Direct Taxes (CBDT) on Saturday notified amendments to the Income Tax...

Income Tax dept operationalizes Board for Advance Rulings

Earlier in September 2021, the Central Board of Direct Taxes (CBDT) constituted three Boards for Advance Rulings. 

Direct tax collections for FY23 reach Rs 16.68L cr, up 22.58 pc

The provisional figures of direct tax collections continue to register steady growth and also said it registered...

CBDT notifies ITR forms for AS 2023-24 well in advance

To facilitate taxpayers and to improve ease of filing, no significant changes have been made to the ITR Forms in...

Two-thirds taxpayers to shift to new regime in one year: CBDT

The income tax rebate limit available for salaried and individual taxpayers under the new income tax regime has been...

Delhi HC stays CIC's order on Ram Janmbhoomi Trust

The Trust is looking after the construction and Management of the Ram Temple in Ayodhya.

CBDT Chairman inaugurates Taxpayers' Lounge at IITF

Taxpayers' Lounge aims to foster awareness about the services provided by the I-T department and to showcase its...

I-T raids unearth Rs 2 cr cash, Rs 100 cr unaccounted investments

These raids were done on a few business groups engaged in coal trading/ transportation, execution of civil...

CBDT extends due date for filing Form 10A to Nov 25

The official statement from finance ministry said, "In view of the representations received by Central Board of...

CBDT extends due date for filing TDS statement in Form 26Q

The due date for filing Form 26Q for the second quarter of the financial year 2022-23 has been extended from October...

CBDT extends due date to file IT return for AY 2022-23 to Nov 7

Under sub-Section (1) of Section 139 of the Income-Tax Act, 1961 (the Act) for the Assessment Year 2022-23, the CBDT...

Net direct tax collections rise 23 pc so far in 2022-23: CBDT

New Delhi [India], September 18 (ANI): Net direct tax collections so far this financial year are at Rs 700,669...