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Central Board Of Direct Taxes

Jun 25, 2016 at 12:16 | Source: PTI
The Income Tax department held an awareness conference to popularise the scheme of one-time domestic black money compliance window in the business community and others in Delhi
Jun 23, 2016 at 13:30 | Source: PTI
The four-month window under the Income Declaration Scheme 2016, which opened on June 1, allows domestic black money holders to declare their ill-gotten wealth by paying a tax and penalty totalling 45 percent.
Jun 22, 2016 at 22:24 | Source: PTI
The revenue department has extended the date for reporting details of accounts under Foreign Account Tax Compliance Act (FATCA) by six months to December 31, 2016, and excluded two types of entities from the purview of the Act
Jun 22, 2016 at 10:46 | Source: PTI
The Central Board of Direct Taxes (CBDT) has also been updating the Special Investigation Team (SIT) set up under the directions of the Supreme Court to monitor cases related to black money, according to the Revenue Department.
Jun 21, 2016 at 17:04 | Source: PTI
Officials have been directed not to shy away from the rare provisions of arrest, detention and auctioning of attached assets of wilful income tax defaulters
Jun 19, 2016 at 12:40 | Source: PTI
The Central Board of Direct Taxes (CBDT) has notified the much awaited tax exemption on investments above fair market rate for startups.
Jun 17, 2016 at 21:44 | Source: PTI
In order to identify tax evaders, the Income Tax department on June 17 said it will use 360 degree profiling and match the database of people filing returns withthose of information about high value transactions.
Jun 12, 2016 at 10:46 | Source: PTI
The meet will be attended by about 250 officials and the top brass of the Income Tax department and Customs and Central Excise.
Jun 01, 2016 at 21:52 | Source: PTI
Under the scheme, income as declared by the eligible persons would be taxed at the rate of 45 percent which is 30 percent plus a 'Krishi Kalyan Cess' of 25 percent and a penalty at the rate of 25 percent.
May 30, 2016 at 22:26 | Source: PTI
As per the BEPS action plan, OECD has recommended to impose a final withholding tax on certain payments for digital goods or services provided by a foreign e-commerce provider or imposition of a equalisation levy on consideration for certain digital transactions.
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Source:Economic Times - MUMBAI: The Central Board of Direct Taxes ( CBDT), in its action plan for the year 2014-15, has drawn up a time-bound and structured programme for disposal of appeals that are pending with the tax department. If targets set in the action plan are achieved, disputed tax

12.08 PM Jul 3rd 2014

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Source:Economic Times - NEW DELHI: Cracking its whip, the CBDT has asked the Income Tax department to ensure prompt action in timely redressal of taxpayers grievances which are pending for a long time. The Central Board of Direct Taxes (CBDT), which supervises the functioning of the I-T department

2.48 PM Jun 26th 2014

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Source:Economic Times - MUMBAI: The Central Board of Direct Taxes (CBDT) and the ministry of corporate affairs (MCA) are getting their act together to ensure a strict vigil over mergers and amalgamations (M&A) to safeguard tax revenues. M&A deals involving the proposed merger of a loss

4.31 PM Apr 15th 2014

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and prosecute, but this is the job of the normal tax enforcement agencies like the Central Board of Direct Taxes, the Central Board of Excise and Customs, the Enforcement Directorate, the CBI and the Economic Offences Wing under the finance ministry. If the agencies which are meant to chase funny money do

2.30 PM Mar 28th 2014

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and prosecute, but this is the job of the normal tax enforcement agencies like the Central Board of Direct Taxes, the Central Board of Excise and Customs, the Enforcement Directorate, the CBI and the Economic Offences Wing under the finance ministry. If the agencies which are meant to chase funny money do

2.27 PM Mar 28th 2014

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Source:Economic Times - NEW DELHI: In order to weed out the hassle of sending by post a hard copy of e-filed return, the Income Tax department has decided to bring in the facility of electronic signatures for taxpayers to endorse their bonafides. The Central Board of Direct Taxes (CBDT), the apex

11.14 AM Mar 25th 2014

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Source:Economic Times - NEW DELHI: E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of 40 per cent

11.09 AM Mar 25th 2014

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Source:NDTV Profit - Seeking to avoid transfer pricing taxation dispute, the Central Board of Direct Taxes (CBDT) will be signing some more Advance Pricing Agreements (APAs) with multi-national companies before end of the current fiscal, a senior finance ministry official

10.51 AM Mar 25th 2014

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Source:NDTV Profit - E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of

10.47 AM Mar 25th 2014

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Source:NDTV Profit - Nokia India Pvt Ltd so far has not come to the Central Board of Direct Taxes (CBDT) with a concrete proposal to settle its tax row with the department, a senior finance ministry official said today. "The apex court had asked Nokia India Pvt Ltd to come

10.47 AM Mar 25th 2014

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