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Central Board Of Direct Taxes

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'Minority welfare schemes are unconstitutional'

'It is not the duty of the government to protect minority religions or promote it.' Photograph: Mukesh Gupta/Reuters   The Supreme Court has issued a notice to the Centre over a petition that......

I-T issues notice to Congress for Rs 170 crore

The Income Tax Department has issued a notice to the Congress seeking an explanation over the party allegedly receiving funds to the tune of Rs 170 crore from a Hyderabad-based firm as part of its......

Amid BJP-Sena row, tax raids on BMC contractors

The Income Tax Department has detected alleged irregularities to the tune of Rs 735 crore after it conducted searches on civil contractors who work for the Brihanmumbai Municipal Corporation, the......

Tribute: Jaitley it was who brought Modi to Delhi

‘Jaitley was one of the earliest politicians to sense the changing political scenario in Delhi. He had closely watched the rise of the BJP and declining fortunes of the Congress party during......

The case that led to Chidambaram's downfall

IMAGE: CBI officials bring Congress leader and former finance minister P Chidambaram to produce him at the CBI court in connection with the INX Media money laundering case, in New Delhi, on......

Budget may do away with dividend distribution tax

Government may instead tax the shareholders receiving dividends, in a bid to help improve investor sentiment by addressing the multiplicity of taxes and bring down the effective tax rates for......

Direct tax collections from Mumbai dip 13%

It had declined by slightly over 4 per cent in December. The city contributes 37 per cent to the total direct tax revenues. If the trend continues, it could affect the Budget estimates of Rs 13......

Can Budget 2020 help tackle tax disputes?

A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business. Illustration: Dominic Xavier/Rediff.com After rationalisation of the......

Budget 2020: Tax changes for charitable trusts likely

The new provision under the Income-Tax Act may enable the authorities to seize trustees’ personal assets if there’s a breach of objectives governing registered charitable trusts. The......

Joint property owners can use simple forms to file returns

Usually, the Income Tax Department notifies the ITR forms in the first week of April of the relevant assessment year. However, in contrast to the old practice, it has notified two ITR forms ITR-1......
  Web results for Central Board Of Direct Taxes
Budget may do away with dividend distribution tax

Government may instead tax the shareholders receiving dividends, in a bid to help improve investor sentiment by addressing the multiplicity of... ...

http://www.rediff.com/money/report/budget-may-do-away-with-dividend-distribution-tax/20200127.htm
I-T Dept

The rule, which has been made by the Central Board of Direct Taxes (CBDT), came into effect on January 16, 2020. As per CBDT, this has been done... ...

https://www.news18.com/news/india/20-tds-can-be-cut-if-pan-aadhaar-details-not-shared-with-employer-i-t-dept-2472789.html
'Minority welfare schemes are unconstitutional'

'It is not the duty of the government to protect minority religions or promote it.' Photograph: Mukesh Gupta/Reuters   The Supreme Court has... ...

http://www.rediff.com/news/interview/minority-welfare-schemes-are-unconstitutional/20200123.htm
CBDT pulls up three I-T Dept officers over delayed action

The Central Board of Direct Taxes (CBDT) has asked three senior officers of the Income-Tax Department to explain the delay in taking action with rega ...

https://www.thehindubusinessline.com/companies/cbdt-asks-three-officers-to-explain-delayed-action-in-tata-trusts-case/article30576125.ece
Tax changes for charitable trusts likely

The new provision under the Income-Tax Act may enable the authorities to seize trustees’ personal assets if there’s a breach of... ...

http://www.rediff.com/money/report/budget-2020-tax-changes-for-charitable-trusts-likely/20200113.htm

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