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Central Board Of Direct Taxes

Jan 19, 2017 at 08:59 | Source: Moneycontrol.com
The countrys apex tax authority, Central Board of Direct Taxes, has set up an e-platform to reach out to those who have crossed this threshold and find out the source of the money,
Jan 17, 2017 at 21:28 | Source: PTI
In a relief to FPIs who were fearing multiple taxation, the tax department today kept in abeyance its recent circular on indirect transfer of shares by foreign investors.
Jan 12, 2017 at 11:53 | Source: Moneycontrol.com
The Central Board of Direct Taxes' released recently circular proposes to bring foreign portfolio investors under the purview of a withholding tax. The circular ever since it was released late last year has been sending jitters down the spines of FPIs.
Jan 06, 2017 at 14:51 | Source: CNBC-TV18
The Department of Economic Affairs (DEA) has received representations from fund managers, FPIs, PEs, and VCs on the recent list of frequently asked questions issued by the Central Board of Direct Taxes (CBDT) which hints at a triple tax incident for their investments in India, sources tell CNBC-TV18.
Jan 04, 2017 at 18:58 | Source: PTI
The tax department today signed three advance pricing agreements (APAs) with taxpayers as it looks to reduce litigation by providing certainty in transfer pricing.
Dec 26, 2016 at 15:54 | Source: CNBC-TV18
Ketan Dalal, Senior Tax Partner at PwC adds that the incremental taxing of offshore fund investors will cause panic.
Dec 23, 2016 at 17:48 | Source: CNBC-TV18
Speaking to CNBC-TV18, Dinesh Kanabar, CEO of Dhruva Advisors said, "Negative point would be that the foreign investors will now budget taxes and therefore will want higher returns and will allocate funds to India only if the net of tax returns meet their threshold."
Dec 22, 2016 at 14:56 | Source: CNBC-TV18
The clarification states that if all offshore funds deriving more than 50 percent of its value from Indian capital assets, and the value of the holding exceeds Rs 10 crore, the transaction would be taxed in India.
Dec 16, 2016 at 19:40 | Source: PTI
Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said since the demonetisation announcement on November 8, it has come to its notice that people have been unscrupulously trying to convert their black money holdings in cash into white by depositing in bank accounts.
Dec 16, 2016 at 12:50 | Source: PTI
"Both sides have now exchanged notifications intimating the completion of their respective internal procedures for the entry into force of the DTAA, with which the revised DTAA shall come into effect in India in the fiscal years beginning on or after April 1, 2017, the Central Board of Direct Taxes (CBDT) said in a statement.
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The Department of Economic Affairs (DEA) has received representations from fund managers, FPIs, PEs, and VCs on the recent list of frequently asked questions issued by the Central Board of Direct Taxes (CBDT) which hints at a triple tax incident for their investments in India, sources tell CNBC

4.33 PM Jan 6th

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Senior Indian Revenue Service (IRS) officer Sushil Chandra today took over as chairman of the Central Board of Direct Taxes (CBDT).

7.12 PM Nov 1st 2016

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The Central Board of Direct Taxes today singed five unilateral advance pricing agreements (APAs) with Indian taxpayers as it looks to reduce litigation by providing certainty in transfer pricing.

7.16 PM Oct 27th 2016

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Senior Indian Revenue Service officer Sushil Chandra was today appointed chairperson of the Central Board of Direct Taxes (CBDT), the apex policy making body for the Income Tax department.

8.58 PM Oct 5th 2016

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central board of direct taxes extends working hours to receive declarations of undisclosed income & assets until midnight of 30th sep.

10.14 AM Sep 27th 2016

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central board of direct taxes extends working hours to get declarations of undisclosed income & assets till midnight of 30th september: ani

10.11 AM Sep 27th 2016

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RS Software  

There seems to be good news for RS . The Central Board of Direct taxes have just now clarified that any income derived software development work carried out at client place would be fully tax free. RS has more then 60 percent of its revenue generated from onsite works. This would mean RS

12.55 PM Jan 18th 2013

chokksin

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Tax Planning & Help  

levies a fee of Rs 200 for everyday of delay and the system does not accept the TDS statement until the delay fee has been paid,” Chief Commissioner Income Tax, Delhi-1, M Sailo said at an ASSOCHAM event here. The Central Board of Direct Taxes (CBDT) has taken serious note of defaulters and has ordered

10.57 AM Dec 13th 2012

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Source:The Hindu BusinessLine - New Delhi, Nov 29: The Central Board of Direct Taxes (CBDT) has notified the Rajiv Gandhi Equity Savings Scheme (RGESS). This scheme seeks to encourage small investors to channelise their savings into domestic capital markets. It has been framed consequent

3.33 PM Nov 29th 2012

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Kingfisher Air  

. It is estimated that the airline owes over Rs 200 crore in taxes. Praveen Mahajan, Chairman of the Central Board of Excise and Customs (CBEC), said: “Both the Central Board of Direct Taxes (CBDT) and Central Board of Excise and Customs (CBEC) have quantified the amount which Kingfisher owes the government and we

10.42 AM Nov 21st 2012

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