Search For "direct tax"
Income tax arrears under dispute increased by 129% in five years: Congress
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 14 (ANI): Congress on Friday attacked the government over its management of economy and taxation, saying that the direct tax amount under dispute has increased by 129 per cent in the last five years.
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Govt extends due date for filing Income Tax Returns till September 30 for
Updated : 5 years, 8 months ago IST
New Delhi [India], July 30 (ANI): In view of the constraints due to the COVID-19 pandemic and to further ease compliances for taxpayers, Central Board of Direct Taxes (CBDT) extends the due date for filing of Income Tax Returns for FY 2018-19(AY 2019-20) from July 31 to September 30, 2020, a
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Finance Minister Sitharaman lauds IT Department for being responsive to pe
Updated : 5 years, 8 months ago IST
New Delhi [India], July 24 (ANI): Union Finance Minister Nirmala Sitharaman lauded the IT Department "for being responsive to people" as the Central Board of Direct Taxation (CBDT) observes 160th Income Tax day towards nation-building.
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CBDT, CBIC sign pact to share data regularly
Updated : 5 years, 8 months ago IST
New Delhi [India], July 21 (ANI): The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) on Tuesday signed a memorandum of understanding for data exchange between the two organisations.
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CBDT, MoMSME sign MoU over data sharing
Updated : 5 years, 8 months ago IST
New Delhi [India], July 20 (ANI): A Memorandum of Understanding (MoU) was signed on Monday between the Central Board of Direct Taxes (CBDT) and the Ministry of Micro, Small and Medium Enterprises (MoMSME) for sharing of data.
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New Form 26AS is faceless hand-holding of taxpayers: CBDT
Updated : 5 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly and correctly, the Central Board of Direct Taxes (CBDT) said on Saturday.
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CBDT refunds Rs 71,229 crore during Covid-19 to help taxpayers
Updated : 5 years, 8 months ago IST
New Delhi [India], July 17 (ANI): The Central Board of Direct Taxes (CBDT) said on Friday it issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till a week ago to help taxpayers with liquidity in the Covid-19 pandemic days.
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CBDT, SEBI sign MoU for data exchange
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): A formal Memorandum of Understanding (MoU) was signed on Wednesday between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) for data exchange between the two organisations.
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No proposal to merge CBDT, CBIC, says Centre; refutes media report as 'bas
Updated : 5 years, 8 months ago IST
New Delhi [India], July 6 (ANI): The government is not considering any proposal to merge the Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC), the Union Finance Ministry said on Monday.
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I-T department refunds Rs 62,361 crore during COVID-19 lockdown days: CBDT
Updated : 5 years, 8 months ago IST
New Delhi [India], July 3 (ANI): The Central Board of Direct Taxes on Friday announced that the Income Tax Department has issued refunds for over 20.44 lakh cases amounting to more than Rs 62,361 crore.
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Fall in direct tax collection on expected lines and temporary: CBDT
Updated : 5 years, 9 months ago IST
New Delhi [India], June 7 (ANI): The Central Body of Direct Taxes (CBDT) on Sunday informed that net direct tax collection for the FY 2019-20 was less than that in comparison to FY 2018-19 but highlighted that this fall in the collection of direct taxes is on "expected lines" and is "tempora
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Tax refunds worth Rs 26,242 crore to tax assesses since April 1: CBDT
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 tax assesses since 1st April to 21st May 2020.
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