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Central Board Of Direct Taxes

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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......

NDTV's Prannoy Roy booked for FDI norms violation

The Central Bureau of Investigation has booked NDTV promoters Prannoy Roy and Radhika Roy and others for allegedly violating foreign direct investment (FDI) rules in a 2007-09 investment, a charge......

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......

Govt starts audit of FY18 GST returns

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 three. Illustration: Dominic Xavier/Rediff.com Amid a......

Mukesh Ambani's family in alleged black money net

The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising GDRs of the value of $400......

Taxmen told to dispose of 5-year-old pending cases by March

There are about 31,000 pending cases, locking revenue worth Rs 500 crore. Illustration: Dominic Xavier/Rediff.com In a bid to unlock revenue and improve litigation management, the Central Board of......
  Web results for Central Board Of Direct Taxes
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
All debit cards may get MDR waiver

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
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... ...

http://www.rediff.com/money/report/joint-property-owners-can-use-simple-forms-for-returns/20200110.htm
Govt starts audit of FY18 GST returns

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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