CBDT

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8h
Business Standard India
MNCs get resident taxation reliefof India but incorporating themselves abroad, to exploit a low or zero tax envi
Business Standard India / Posted 8 hours ago
of India but incorporating themselves abroad, to exploit a low or zero tax environment. The Central Board of Direct Taxes (CBDT) has said functions such as payroll, accounting, human resources or routine banking by these headquarters will not lead... Read more
3d
Business Standard India
Income tax unions warn of protest against new software 'ITBA' rolloutcases, to e-proceeding based scrutiny cases. The decision to go on a nationwid
Business Standard India / Posted 3 days ago
cases, to e-proceeding based scrutiny cases. The decision to go on a nationwide stir was taken after their meeting with CBDT chairman Sushil Chandra was inconclusive. Their meeting with the CBDT member BD Bishnoi was also inconclusive. When... Read more
4d
Business Standard India
Scanner on firms with low TDS collectionsWorried about the steep direct tax collections target for this financial year (
Business Standard India / Posted 4 days ago
Worried about the steep direct tax collections target for this financial year (FY18), Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has asked field officials to scrutinise entities and companies that have reported more than a 10% fall... Read more
5d
Business Standard India
Taxpayers get relief for income mismatchIn a major relief to individual taxpayers, the Central Board of Direct Taxes (C
Business Standard India / Posted 5 days ago
In a major relief to individual taxpayers, the Central Board of Direct Taxes (CBDT) has clarified that the provisions of Section 143(1)(a)(vi) would not be invoked to issue intimation for any mismatches between the income and deduction in Form 16/16A... Read more
12d
The Indian Express
Direct tax collection up 16% from last yr, growth in advance tax downfinancial year, grew 15.8 per cent from last year to Rs 3.86 lakh crore, data r
The Indian Express / Posted 12 days ago
financial year, grew 15.8 per cent from last year to Rs 3.86 lakh crore, data released by Central Board of Direct Taxes (CBDT) showed. This amounts to 39.4 per cent of the total Budget estimate for direct taxes for 2017-18. The rise in direct... Read more
5 related articles
12d
asianage
Direct tax collections rise 15.8 per cent to Rs 3.86 lakh crore in SeptemberMumbai: The Central Board of Direct Taxes, CBDT, on Wednesday released the data
asianage / Posted 12 days ago
Mumbai: The Central Board of Direct Taxes, CBDT, on Wednesday released the data on total net direct tax collections till September. This assumes significance as the numbers are coming in after the rollout of the GST, the new indirect tax... Read more
5 related articles
12d
The Hindu
Black money SIT is under RTI Act, rules CICthat handled the complaint denied him the information. In December, 2015, the
The Hindu / Posted 12 days ago
that handled the complaint denied him the information. In December, 2015, the CPIO of the Central Board of Direct Taxes (CBDT) and the Deputy Commissioner of Income Tax (Officer on Special Duty) had, in a letter to Mr. Nayak, denied information... Read more
14d
Hindustantimes.com
No need for separate SIT to probe Panama papers leak matter: SCJustices A K Goel and U U Lalit, said a multi-agency group (MAG), consisting of
Hindustantimes.com / Posted 14 days ago
Justices A K Goel and U U Lalit, said a multi-agency group (MAG), consisting officers of Central Board of Direct Taxes (CBDT), Reserve Bank of India (RBI), Enforcement Directorate (ED) and Financial Intelligence Unit (FIU), was like an SIT... Read more
16d
Business Standard India
Heat on tax dept to prove Rs 3 lakh cr unaccounted cashFY18 from just raising tax demand to going the extra mile to take tax evaders t
Business Standard India / Posted 16 days ago
FY18 from just raising tax demand to going the extra mile to take tax evaders to book. The Central Board of Direct Taxes (CBDT) in its central action plan had said tax officials could launch prosecution against evaders soon after the search was... Read more
17d
New Kerala
CBDT signs two more APAs with taxpayers - newkerala news #278267New Delhi , Oct.7 : The Central Board of Direct Taxes (CBDT) has signed two mor
New Kerala / Posted 17 days ago
New Delhi , Oct.7 : The Central Board of Direct Taxes (CBDT) has signed two more advance pricing agreements (APAs) with taxpayers as part of its aim to reduce litigation by providing certainty in transfer pricing. The two APAs were signed during the... Read more
17d
The Economic Times
Custodians may have to pay up for FPI tax liabilitiesor banks to pay tax in case there are disputes and FPIs refuse to pay up. “Both
The Economic Times / Posted 17 days ago
or banks to pay tax in case there are disputes and FPIs refuse to pay up. “Both the Central Board of Direct Taxes (CBDT) and Securities and Exchange Board of India (SEBI) are looking to articulate in what ways representative assessee... Read more
17d
The Economic Times
CBDT signs 2 more APAs with taxpayers in SeptemberNEW DELHI: The Central Board of Direct Taxes (CBDT) today said it has signed tw
The Economic Times / Posted 17 days ago
NEW DELHI: The Central Board of Direct Taxes (CBDT) today said it has signed two more advance pricing agreements (APAs) in September with Indian taxpayers as it looks to reduce litigation by providing certainty in transfer pricing. "With the signing... Read more
17d
New Kerala
CBDT seeks suggestions on framing of rules on country-by-country reporting - newkerala news #278127comments from stakeholders and general public, said Surabhi Ahluwalia, Commissi
New Kerala / Posted 17 days ago
comments from stakeholders and general public, said Surabhi Ahluwalia, Commissioner of Income Tax (Media and Technical Policy) and official spokesperson of the CBDT. Share it!CBDT seeks suggestions on framing of rules on country-by-country repo... Read more
20d
Business Standard India
Tax department to engage with corporates to spur receiptscrore in August, 2016. The officer could even take up company specific matters
Business Standard India / Posted 20 days ago
crore in August, 2016. The officer could even take up company specific matters to the central board of direct taxes (CBDT), if needed, according to the proposal. As such, the proposal, if approved, will help lower litigation and enhance... Read more
22d
Business Standard India
Self-reporting of income estimates and advance tax liability44AB of the Income Tax Act has not been met with much enthusiasm from corporate
Business Standard India / Posted 22 days ago
44AB of the Income Tax Act has not been met with much enthusiasm from corporates. The Central Board of Direct Taxes (CBDT) draft, which contemplates the addition of Rule 39A to the Income Tax Rules, has also rekindled the debate over... Read more
22d
asianage
L&T Infotech bags USD 100 million contract to help pin down tax evadersexecutive and managing director Sanjay Jalona told PTI. Terming the work award
asianage / Posted 22 days ago
executive and managing director Sanjay Jalona told PTI. Terming the work awarded by the Central Board of Direct Taxes (CBDT) as a "high volume digital deal", he elaborated that the project involves creating a 'semantic web' where web pages are... Read more
2 related articles
22d
Business Standard India
L&T Infotech bags $100m contract to help pin down tax evadersmulti-year contract where LTI would operate on a build-own-operate-transfer bas
Business Standard India / Posted 22 days ago
multi-year contract where LTI would operate on a build-own-operate-transfer basis. Jalona said apart from the work on the CBDT project, the company, which was listed last year, is working on other high-value digital deals well like a project to... Read more
2 related articles
22d
The Economic Times
L&T Infotech bags $100 mn contract to help pin down tax evadersmulti-year contract where LTI would operate on a build-own-operate-transfer bas
The Economic Times / Posted 22 days ago
multi-year contract where LTI would operate on a build-own-operate-transfer basis. Jalona said apart from the work on the CBDT project, the company, which was listed last year, is working on other high-value digital deals well like a project to... Read more
2 related articles
24d
asianage
Direct tax collections rise to Rs 3.7 lakh crore till Sept 18is committed to widen the tax base by encouraging and incentivising the new tax
asianage / Posted 24 days ago
is committed to widen the tax base by encouraging and incentivising the new tax payers," he said in a tweet. CBDT had said in July direct tax collection had gone up 19 per cent to Rs 1.90 lakh crore. However, the min-month numbers... Read more
11 related articles
24d
The Economic Times
T dept refers 400 corruption, laundering cases to ED, CBIreducing the banking transaction charge. Those who attended the meeting include
The Economic Times / Posted 24 days ago
reducing the banking transaction charge. Those who attended the meeting included several MPs, besides the FM, MoS finance S P Shukla, chief economic adviser Arvind Subramanian, the revenue secretary , the finance secretary and the CBDT... Read more
11 related articles
24d
Business Standard India
T cracks down on black money stashed abroador statshed assets abroad under the Black Money Act. In an internal communicat
Business Standard India / Posted 24 days ago
or statshed assets abroad under the Black Money Act. In an internal communication, the Central Board of Direct Taxes (CBDT) told I-T officials that the spotlight should be on criminal consequences of the Black Money (Undisclosed Foreign Income... Read more
24d
New Kerala
Income Tax Department takes various initiatives to bring about efficiency, transparency, and fairness in Tax Administration - newkerala news #276205from 4.72 crore in financial year 2012-13 to 6.26 crore during the Financial Ye
New Kerala / Posted 24 days ago
from 4.72 crore in financial year 2012-13 to 6.26 crore during the Financial Year 2016-17. Earlier, the Chairman CBDT, Shri Sushil Chandra made a presentation about the initiatives of the Income Tax Department before the... Read more
11 related articles
25d
The Economic Times
Recovery's started, should do what it takes to boost eco: NITI Aayog VCin the aftermath of demonetisation? That word is anathema to everybody. The ref
The Economic Times / Posted 25 days ago
in the aftermath of demonetisation? That word is anathema to everybody. The reform of the Central Board of Direct Taxes (CBDT) is long overdue.That now should be the next step for this government. There is talk of providing a fiscal stimulus.... Read more
25d
The Economic Times
CBDT chief tells tax officers to target Rs 3 lakh crore unexplained cash deposits during note banofficials as well as those they turn their glare on. They have been told by the
The Economic Times / Posted 25 days ago
officials as well as those they turn their glare on. They have been told by the chief of the Central Board of Direct Taxes (CBDT), the apex body, to target and impose tax on Rs 3 lakh crore deposits which is estimated to be the quantum of... Read more
25d
The Economic Times
Income Tax department fastens belt to add 1.25 crore new tax filers this fiscalfinancial year as part of the government's plan to widen the tax base in the co
The Economic Times / Posted 25 days ago
financial year as part of the government's plan to widen the tax base in the country. The Central Board of Direct Taxes (CBDT), that makes policy decisions for the I-T department, has directed the taxman to undertake "focused efforts to... Read more
2 related articles
26d
Business Standard India
Govt to widen tax base, asks I-T dept to add 12.5 mn filers in FY18discussed and finalised during the recently concluded 'Rajswa Gyansangam' confe
Business Standard India / Posted 26 days ago
discussed and finalised during the recently concluded 'Rajswa Gyansangam' conference of top I-T officials held here. The CBDT, in an official statement, had said during the conference "strategies of tax base were discussed in detail with special... Read more
2 related articles
26d
asianage
I-T dept fastens belt to add 1.25 cr new tax filers this yearfinancial year as part of the government's plan to widen the tax base in the co
asianage / Posted 26 days ago
financial year as part of the government's plan to widen the tax base in the country. The Central Board of Direct Taxes (CBDT), that makes policy decisions for the I-T department, has directed the taxman to undertake "focused efforts to... Read more
2 related articles
30d
The Economic Times
Banks rush to set up Aadhaar centres as UIDAI's Sep 30 deadline draws closeevery account holder is required to submit the Aadhaar number to banks by Decem
The Economic Times / Posted 30 days ago
every account holder is required to submit the Aadhaar number to banks by December 31. The Central Board of Direct Taxes (CBDT) too has extended the last date for linking Aadhaar with PAN to December 31. A senior banking sector official said the... Read more
1m
Business Standard India
Soon, govt may give up to Rs 1-cr cash reward for benami property tip-offsThe initiative is likely to be announced by next month. A senior Central Board
Business Standard India / Posted a month ago
The initiative is likely to be announced by next month. A senior Central Board of Direct Taxes (CBDT) official who is part of the policy-making said on condition of anonymity, "An informer will get minimum Rs 15 lakh and maximum Rs 1... Read more
3 related articles
1m
Business Standard India
Benami property secret informers to get reward up to Rs 1 crThe initiative is likely to be announced by next month. A senior Central Board
Business Standard India / Posted a month ago
The initiative is likely to be announced by next month. A senior Central Board of Direct Taxes (CBDT) official who is part of the policy-making said on condition of anonymity, "An informer will get minimum Rs 15 lakh and maximum Rs 1... Read more
3 related articles
1m
The Economic Times
Benami property secret informers to get reward of Rs 1 crorewith Benami Properties. The initiative is likely to be announced by next month
The Economic Times / Posted a month ago
with Benami Properties. The initiative is likely to be announced by next month. A senior Central Board of Direct Taxes (CBDT) official who is part of the policy making said on condition of anonymity, "An informer will get minimum Rs 15 lakh and... Read more
3 related articles
1m
New Kerala
Benami property secret informers to get reward of 1 Crore - newkerala news #273984with Benami Properties. The initiative is likely to be announced by next month
New Kerala / Posted a month ago
with Benami Properties. The initiative is likely to be announced by next month. A senior Central Board of Direct Taxes (CBDT) official who is part of the policy making said on condition of anonymity, "An informer will get minimum Rs 15 lakh and... Read more
3 related articles

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