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
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
The Central Board of Direct Taxes has also notified a fine of Rs 5,000 per day for businesses with a turnover of over Rs 50 crore if they fail to... ...https://economictimes.indiatimes.com/industry/banking/finance/banking/all-debit-cards-may-get-mdr-waiver/articleshow/73182375.cms
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... ...http://www.rediff.com/money/report/joint-property-owners-can-use-simple-forms-for-returns/20200110.htm
The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in... ...http://www.rediff.com/money/report/gst-govt-starts-audit-of-fy18-gst-returns/20200109.htm
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