New Delhi [India], Feb 4 (ANI): Mutual funds will have to deduct TDS at 10 per cent only on dividend payments and not on the income which is in the nature of capital gains, according to the clarification by the Central Board of Direct Taxes (CBDT) on Tuesday.
New Delhi [India], Jan 18 (ANI): Interaction for the selection of candidate for two vacant posts in the Central Board of Direct Taxes (CBDT) board, the top policy-making body of the Income Tax Department, will be held on January 23, sources said.
New Delhi [India], Jan 9 (ANI): The Central Board of Direct Taxes (CBDT) has granted relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for Assessment Year 2020-21.
New Delhi [India], Dec 24 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday extended the due date for filing of income tax returns and tax audit reports to January 31, 2020 for all categories of assesses in the union territories of Jammu and Kashmir, and Ladakh.
New Delhi [India], Dec 5 (ANI): Central Board of Direct Taxes (CBDT) issued a draft notification seeking inputs for framing of rules with respect to Fund Manager Regime under Section 9A of the I.T. Act, 1961.
New Delhi [India], Dec 4 (ANI): The Central Board of Direct Taxes (CBDT) has said that there has been a 20 per cent increase in processing of Refund returns for the current assessment year as compared to the same period in the previous year.
New Delhi [India], Nov 26 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday compulsorily retired another 21 Group B officers of the rank of Income Tax officers, due to corruption and other charges, Finance Ministry sources said.
New Delhi [India], Nov 22 (ANI): The Central Board of Direct Taxes (CBDT) on Friday unveiled a web portal that consolidates all Automatic Exchange of Information (AEOI) at one place for access by financial institutions, departmental officers and the public at large.
New Delhi [India], Nov 14 (ANI): Central Board of Direct Taxes (CBDT) Chairman PC Mody on Thursday expressed hope that the body will able to achieve the target of tax collection given to them at the beginning of this year.
New Delhi [India], Oct 31 (ANI): The Central Board of Direct Taxes (CBDT) on Thursday extended the due date for filing of Income Tax Returns and Tax Audit Reports to November 30, 2019, for all categories of assessees in the Union Territories of Ladakh and Jammu and Kashmir.
New Delhi [India], Oct 19 (ANI): The Central Board of Direct Taxes (CBDT) is likely to extend the deadline for disposal of assessment cases under Operation Clean Money (OCM) which leverages data analytics to investigate tax evaders, a senior official said on Saturday.
New Delhi [India], Oct 11 (ANI): As many as 5.52 crore income tax returns (ITRs) out of 5.87 cr checked by the Central Board of Direct Taxes (CBDT) for the assessment year (AY) of 2018-19 (Financial Year 2017-18) against the consistency rule were in the individual category, said the CBDT in