New Delhi [India], Aug 19 (ANI): A committee of experts headed by Central Board of Direct Taxes (CBDT) member Akhilesh Ranjan on Monday submitted its report on replacing the Income Tax Act with a new Direct Tax Code.
New Delhi [India], Aug 14 (ANI): The Central Board of Direct Taxes (CBDT) has taken a step to "ensure greater transparency and accountability in tax administration", according to a press release on Wednesday.
New Delhi [India], Aug 13 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday denied reports of Income Tax notices being issued to Durga Puja committees in Kolkata.
New Delhi [India], July 24 (ANI): The Central Board of Direct Taxes (CBDT) said a search operation was conducted on a business group which led to the seizure of unaccounted jewellery and undisclosed cash of more than Rs 1.28 crore from the promoter of the group, in connection with the Jam
New Delhi (India), July 16 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday said that no changes have been made in any of the Income Tax Return (ITR) forms.
New Delhi [India], July 9 (ANI): The government's direct tax mobilisation target of Rs 13.35 lakh crore during 2019-20 is realistic and achievable, Chairman of the Central Board of Direct Taxes (CBDT) P C Mody said on Tuesday.
New Delhi [India], July 6 (ANI): Pre-filled income tax returns will leverage technology, encourage compliance and make the process of filing declaration less cumbersome for a common person, the Central Board of Direct Taxes (CBDT) said on Saturday.
New Delhi [India], Jun 27 (ANI): The Central Board of Direct Taxes (CBDT) has expanded the terms of reference for the committee that has been formed to re-write the Direct Tax Code (DTC) which will simplify complex income tax laws.
New Delhi [India], May 25 (ANI): Finance Minister Arun Jaitley has given the Central Board of Direct Taxes (CBDT) task force an extension of two months to draft a new Direct Tax Code which will simplify complex income tax laws.
New Delhi [India], May 16 (ANI): The Central Board of Direct Taxes (CBDT) has announced transfer postings of 20 principal chief commissioners of the Income Tax Department.
New Delhi [India], May 6 (ANI): The Central Board of Direct Taxes (CBDT) said on Monday that a total of 6.68 crore income tax returns were e-filed during the financial year 2018-19 which included 6.49 crore returns of current assessment year 2018-19, marking an increase of almost 19 per c
New Delhi [India], Apr 22 (ANI): A search and seizure action undertaken on a solar power firm has led to the detection of tax evasion of more than Rs 1,350 crore, the Central Board of Direct Taxes (CBDT) said on Monday.