Search For "direct tax"
SC asks Sonia, Rahul, Sonia to submit affidavit on CBDT circular in I-T ca
Updated : 7 years, 2 months ago IST
New Delhi (India), Jan 8 (ANI): The Supreme Court on Tuesday asked UPA chairperson Sonia Gandhi and her son Congress president Rahul Gandhi to submit an affidavit in a Central Board of Direct Taxes (CBDT) circular that had "a direct bearing on the National Herald tax assessment case."
Read More
National Herald case: Swamy urges PM Modi to institute high-level inquiry
Updated : 7 years, 2 months ago IST
New Delhi [India], Jan 8 (ANI): BJP MP Dr Subramanian Swamy on Tuesday urged Prime Minister Narendra Modi to institute a high-level inquiry to determine how the Central Board of Direct Taxation (CBTD) is illegal and the circular issued against exonerating "TDK" (Sonia Gandhi) and "Bambino
Read More
CBDT permits NRIs, resident applicants to manually file taxes
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 24 (ANI): The Central Board of Direct Taxes (CBDT) on Monday decided to make non-resident Indians (NRIs) and resident applicants an exception with regard to online filing of tax application under section 197 and 206C (9) of Income Tax Rules, 1962.
Read More
No coercive action to be taken against start-ups, angel investors: CBDT
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 20 (ANI): The Central Board of Direct Taxation (CBDT) on Thursday clarified that no coercive action would be taken against start-ups and angel investors.
Read More
Direct Tax collections soar 15.7% higher for FY 2018-19
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): The provisional figures of Direct Tax collections up to November, 2018 show that gross collections are at Rs. 6.75 lakh crore which is 15.7 percent higher than the gross collections for the corresponding period of last year.
Read More
KYC of lockers in Rs 25 crore hawala racket was not done: CBDT chairman
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): The Income Tax (IT) Department has found that Know-Your-Customer (KYC) of lockers in the Rs 25-crore hawala racket in Chandni Chowk was not done.
Read More
CBDT appoints Akhilesh Ranjan as Head of Direct Tax task force
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 26 (ANI): Central Board of Direct Taxation on Monday announced the appointment of Akhilesh Ranjan as Convenor of the Task Force that was constituted by the Government of India in November, 2017.
Read More
CBDT gets three new members
Updated : 7 years, 4 months ago IST
New Delhi [India], Nov 6 (ANI): The Central government-led by Prime Minister Narendra Modi on Tuesday released a list of three people who have been appointed as members of the Central Board of Direct Taxes (CBDT).
Read More
Processing of Income Tax refunds is faster than ever: CBDT Chairman
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 22 (ANI): The Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra on Monday said that higher level of compliance, various legislative and administrative measures have been taken by the Central Government against tax evasion.
Read More
CBDT announces hike in Direct Tax-GDP ratio
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 22 (ANI): The Central Board of Direct Taxes (CBDT) on Monday announced constant growth in the Direct Tax-GDP ratio over the last three years, with the ratio at 5.98% in FY2017-18.
Read More
Date for filing IT returns, audit reports extended till Oct 31
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 8 (ANI): The Central Board of Direct Taxes (CBDT) on Monday extended the due date of the filing of Income Tax (IT) returns and audit reports till October 31.
Read More
Direct Tax collections till Sept up by 16.7%
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 4 (ANI): The provisional figures of Direct Tax collections up to September (half-yearly figures) witnessed gross collections worth Rs. 5.47 lakh crore which is 16.7 per cent higher than the gross collections for the corresponding period of last year.
Read More