Search For "direct tax"
CBDT issues third round of certificates to tax payers
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 8 (ANI): In continuation of the initiative of the government to acknowledge the contribution of tax payers by paying taxes towards nation building and promptness in filing of Income Tax Returns, Central Board of Direct Taxation (CBDT) has issued the third round of Cert
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India, Austria sign protocol amending 'India-Austria Double Taxation
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 7 (ANI): The Central Board of Direct Taxation (CBDT) on Tuesday announced that India and Austria signed a protocol amending the existing convention between the two countries for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on
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CBDT signs four 'Advance Pricing Agreements' today
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb 7 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday announced signing of four more unilateral Advance Pricing Agreements (APAs) on 6th February, 2017.
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There is inconsistency in filing income tax, says CBDT Chairman
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 6 (ANI): Out of a total of 15 lakh companies in India, over 50 percent of them are not filing income tax returns, said Sushil Chandra, Chairman, Central Board of Direct Taxation (CBDT).
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CBDT issues clarifications on implementation of GAAR provisions under Inco
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 27 (ANI): The Central Board of Direct Taxation (CBDT) on Friday issued the provisions of General Anti Avoidance Rule (GAAR) contained in Chapter X-A of the Income Tax Act, 1961, with the provisions effective from assessment year 2018-19 onwards, i.e. financial year 201
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Link BPO promotion scheme with direct tax benefit: ASSOCHAM plea to Govt.
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 24 (ANI): Apex industry body ASSOCHAM has suggested the Union Government to link the India business process outsourcing promotion scheme (IBPS) with direct tax benefit.
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CBDT issues clarification on indirect transfer provision under the IT Act,
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 18 (ANI): The Central Board of Direct Taxation (CBDT) on Wednesday issued clarification on Indirect Transfer provisions in respect to circular no. 41/2016, which was issued on December 21, 2016.
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CBDT enters into BAPA with Indian subsidiary of a Japanese trading company
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 13 (ANI): The Central Board of Direct Taxes (CBDT) on Friday entered into a Bilateral Advance Pricing Agreement (BAPA) with Indian subsidiary of a Japanese trading company.
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Direct tax collections in Apr-Dec up 12 pct; indirect tax up 25 pct, says
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 9 (ANI): Union Finance Minister Arun Jaitley on Monday announced that the direct tax collection during the first nine months of the current financial year 2016-17 grew 12.01 percent on year to Rs 5.53 lakh crore.
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CBDT issues norms for quoting of PAN in existing bank accounts, other meas
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 8 (ANI): The Central Board of Direct Taxation (CBDT) on Sunday issued norms that suggested that the Income-tax Rules have been amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than B
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India, Kazakhstan sign protocol to amend 'Double Taxation Avoidance C
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan 6 (ANI): The Central Board of Direct Taxation (CBDT) on Friday announced that India and Kazakhstan have signed a protocol to amend the existing Double Taxation Avoidance Convention (DTAC) between the two countries signed on December 9th, 1996 for the avoidance of doubl
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CBDT signs three more 'Advance Pricing Agreements', reaches 120
Updated : 8 years, 7 months ago IST
New Delhi [India], Jan. 5(ANI): The Central Board of Direct Taxes (CBDT) has signed three more unilateral Advance Pricing Agreements (APAs), which takes the total count to 120.
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