New Delhi [India], Sept 28 (ANI): Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra chaired a meeting of Chief Commissioners of Income Tax Department (CCITs) posted in various states through video conferencing and asked them to mop up tax collection.
New Delhi [India], Sep 11 (ANI): In a rebuttal to the Election Commission's report on donation discrepancies, the Aam Aadmi Party on Tuesday said that the notice sent to the party was based on poor interpretation of basic accounting practices by the Central Board of Direct Taxation (CBDT).
New Delhi [India], Aug 10 (ANI): The Central Board of Direct Taxation (CBDT) on Thursday said that only 0.35 per cent of the Income Tax returns, filed last year will be scrutinised.
New Delhi [India], July 10 (ANI): The Income Tax Department has made a list of 100 Entry Operators (EO) who were found converting black money into white on commission basis. IT sources said these people have accepted that they took commission of 3-5 per cent and routed the money through t
New Delhi [India], Jul 01 (ANI): Union Minister Arun Jaitley on Sunday said that after the implementation of the Goods and Service Tax (GST), there was an increase of 18 percent in Direct tax collections.
New Delhi [India], June 20 (ANI): The Department of Income Tax (IT) through the Central Board of Direct Taxes (CBDT) has prposed to amend Rule 10CB of IT Rules, 1962 in respect of computation of interest income pursuant to secondary adjustment u/s 92CE of IT Act, 1961.
New Delhi [India], June 13 (ANI): The Central Board of Direct Taxes (CBDT) has proposed amendments in two forms and one rule under to Income Tax Rules, 1962 (I.T.Rules).
New Delhi [India], June 8 (ANI): After raising the reward for the people informing about the tax evasion, the Income-Tax Department is now being bombarded with calls, couriers and emails by the informants.
New Delhi [India], June 7 (ANI): The Central Board of Direct Taxes (CBDT) has dedicated a fortnight, from June 1 to June 15, for expeditious disposal of pending appeal effect and rectification matters.