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Central Board Of Direct Taxes

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India reports 2nd coronavirus death, several states in shutdown mode

A 68-year-old woman in Delhi became the country's second victim of coronavirus on Friday as several states went into battle mode to contain the spread of COVID-19, shutting down schools, theatres......

'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......

Coronavirus to impact fiscal deficit, divestment targets

Officials said there had been no official word or indication from the top yet. The expectation from officials is to do what they can, but it is understood that all fiscal and budgetary targets......

Why will anyone opt for tax amnesty scheme?

Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums, notes S Murlidharan. In......

As China shutdown intensifies, govt plans to rework supply chain

To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding......

PAN to become inoperative after March 31 if not linked with Aadhaar

Through a notification, the CBDT amended Income Tax rules and inserted Rule 114AAA, stipulating the manner of making permanent account number inoperative. Illustration: Uttam Ghosh/Rediff.com......

Will taxpayer's charter help bridge trust deficit?

India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers. Illustration:......
  Web results for Central Board Of Direct Taxes
CBDT extends time for depositors to file 15G, 15H forms

The Central Board of Direct Taxes (CBDT) has clarified in a circular issued on April 3 (Friday) that Forms 15G and 15H submitted to banks for financia ...

https://www.thehindubusinessline.com/economy/covid-19-cbdt-extends-time-for-depositors-to-file-15g-15h-forms/article31263852.ece
Govt extends validity of lower withholding tax orders by 3 months till June due to COVID-19

The Central Board of Direct Taxes (CBDT) in its order gave a major relief to taxpayers whose application for lower or nil deduction of TDS/TCS is... ...

https://economictimes.indiatimes.com/news/economy/policy/govt-extends-validity-of-lower-withholding-tax-orders-by-3-months-till-june-due-to-covid-19/articleshow/74913208.cms
Tax department asks officers working from home to chase large taxpayers for dues

Rakesh Gupta, Commissioner of Income Tax (Coordination Systems), Central Board of Direct Tax (CBDT), last week asked field formations to submit a... ...

https://www.moneycontrol.com/news/tax/tax-department-asks-officers-workinghome-to-chase-large-taxpayers-for-dues_13628321.html
Coronavirus to impact fiscal deficit, divestment targets

Officials said there had been no official word or indication from the top yet. The expectation from officials is to do what they can, but it is... ...

http://www.rediff.com/money/report/covid-19-to-impact-fiscal-deficit-divestment-targets/20200324.htm
I-T Dept

The Central Board of Direct Taxes (CBDT), that frames policy for the I-T department, had extended the deadline for this task for the eighth time on... ...

https://www.hindustantimes.com/business-news/don-t-miss-march-31-deadline-for-linking-pan-aadhaar-i-t-dept/story-GmhwimQWNA8YSRspbnMgHO.html

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