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.
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.
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).
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.
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.
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.
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], 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], 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.