All posts tagged "CBDT"
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Business
Employers to ask employees about preferred tax regime for deducting TDS from salary: CBDT
April 6, 2023The Income Tax Department on Wednesday said employers will have to seek details from employees about...
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Business
BBC survey: Tax authorities say income, profits of company not commensurate with operations in India
February 18, 2023The income and profits shown by various BBC group entities are “not commensurate” with the scale...
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Policy and Regulations
CBDT files review against SC’s benami ruling
December 18, 2022The CBDT has filed a review petition before the Supreme Court against its August ruling that...
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Business
Direct tax mop-up to exceed budget target by 25-30 pc: CBDT chief
November 15, 2022The direct tax collection in the current fiscal is likely to exceed the budget target of...
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Business
FinMin extends ITR filing deadline for companies till Nov 7
October 26, 2022The Finance Ministry on Wednesday extended the deadline for filing income tax returns for the assessment...
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Business
Taxpayers can update ITRs only once in an assessment year: official
February 9, 2022A taxpayer would be permitted to file only one updated return for an assessment year, a...
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Banking
SIT keeps close watch on Pandora Papers probe, tax authorities to invoke foreign black money law if required
October 22, 2021India’s apex direct tax body has sent a directive to its officials to initiate investigations against...
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Business
Diamond merchant evades tax worth crores of rupees, 23 premises raided, raids still being carried out: CBDT
September 25, 2021The Income Tax Department has raided 23 premises connected to a multi crore tax evasion by...
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Business
PSUs to be allowed to carry forward losses accumulated prior to divestment: CBDT
September 11, 2021In order to make disinvestment deals of ailing state-owned firms more attractive for strategic investors, the...
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Business
Faceless assessment: FinMin eases rules for authentication of e-records submission
September 7, 2021The Central Board of Direct Taxes (CBDT) amended income tax rules on Monday to ease authentication...