Central Board of Direct Taxes

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19h
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 19 hours 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
1d
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 yesterday
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
1d
New Kerala
CBDT issues draft notification of amendment of rule 17A and form 10A - newkerala news #281472New Delhi , Oct 18 : Central Board of Direct Taxes on Wednesday stated that the
New Kerala / Posted yesterday
New Delhi , Oct 18 : Central Board of Direct Taxes on Wednesday stated that the Vide Finance Act, 2017, a new clause (ab) was inserted in sub-section (1) of section 12A of the Income-tax Act, 1961 ('the Act') w.e.f April 1st, 2018 to the effect that... Read more
8d
The Indian Express
Direct tax collection up 16% from last yr, growth in advance tax downthe first half of the current financial year, grew 15.8 per cent from last year
The Indian Express / Posted 8 days ago
the first half of the current 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... Read more
5 related articles
8d
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 8 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
8d
The Hindu
Black money SIT is under RTI Act, rules CICbut the Department of Revenue that handled the complaint denied him the informa
The Hindu / Posted 8 days ago
but the Department of Revenue 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... Read more
10d
Hindustantimes.com
No need for separate SIT to probe Panama papers leak matter: SCthe matter. A bench, comprising Justices A K Goel and U U Lalit, said a multi-
Hindustantimes.com / Posted 10 days ago
the matter. A bench, comprising 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... Read more
12d
Business Standard India
Heat on tax dept to prove Rs 3 lakh cr unaccounted cashits strategy and action plan for FY18 from just raising tax demand to going the
Business Standard India / Posted 12 days ago
its strategy and action plan for 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... Read more
13d
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 13 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
13d
The Economic Times
Custodians may have to pay up for FPI tax liabilitiesas tax authorities want custodians or banks to pay tax in case there are disput
The Economic Times / Posted 13 days ago
as tax authorities want custodians 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... Read more
13d
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 13 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
15d
The Economic Times
Inheritance tax on HNIs likely to be reintroducedand deployed,” said Praveen Bhambani, a partner at PwC India. An email query se
The Economic Times / Posted 15 days ago
and deployed,” said Praveen Bhambani, a partner at PwC India. An email query sent to the finance secretary and the Central Board of Direct Taxes on October 3 did not elicit any response. India had 617 individuals with wealth of c1,000 crore... Read more
16d
Business Standard India
Tax department to engage with corporates to spur receiptsfell by 28 per cent from Rs 13,403 crore in August, 2016. The officer could ev
Business Standard India / Posted 16 days ago
fell by 28 per cent from Rs 13,403 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... Read more
18d
Business Standard India
Self-reporting of income estimates and advance tax liabilityliable for audits under Section 44AB of the Income Tax Act has not been met wit
Business Standard India / Posted 18 days ago
liable for audits under Section 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... Read more
18d
asianage
L&T Infotech bags USD 100 million contract to help pin down tax evadersa small deal," LT Infotech chief executive and managing director Sanjay Jalona
asianage / Posted 18 days ago
a small deal," LT Infotech chief 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... Read more
2 related articles
18d
Business Standard India
L&T Infotech bags $100m contract to help pin down tax evadersa small deal," LT Infotech chief executive and managing director Sanjay Jalona
Business Standard India / Posted 18 days ago
a small deal," LT Infotech chief executive and managing director Sanjay Jalona told PTI. Terming the work awarded by the Central Board of Direct Taxes as a "high volume digital deal", he elaborated that the project involves creating a 'semantic... Read more
2 related articles
18d
The Economic Times
L&T Infotech bags $100 mn contract to help pin down tax evadersnot a small deal," L&T Infotech chief executive and managing director Sanjay Ja
The Economic Times / Posted 18 days ago
not a small deal," L&T Infotech chief executive and managing director Sanjay Jalona told . Terming the work awarded by the Central Board of Direct Taxes as a "high volume digital deal", he elaborated that the project involves creating a 'semantic... Read more
2 related articles
19d
The Hindu
Bank officials under lens in ‘2011 Diary’ caseto ascertain if there was any money laundering. The vigilance inquiry was init
The Hindu / Posted 19 days ago
to ascertain if there was any money laundering. The vigilance inquiry was initiated in 2014 on the directions of the then Central Board of Direct Taxes Chairman and it was submitted in September last year. The report went into the lapses,... Read more
20d
The Economic Times
T dept refers 400 corruption, laundering cases to ED, CBIto the Enforcement Directorate and the CBI for further probe and attachment of
The Economic Times / Posted 20 days ago
to the Enforcement Directorate and the CBI for further probe and attachment of the “proceeds of crime“. On Friday , Central Board of Direct Taxes chairman Sushil Chandra, in a presentation before members of the parliamentary consultative... Read more
11 related articles
20d
The Economic Times
Total taxpayers up at 6.26 crore in FY17 from 4.72 crore in FY13two-three years in order to bring about efficiency, transparency and fairness i
The Economic Times / Posted 20 days ago
two-three years in order to bring about efficiency, transparency and fairness in tax administration. The chairman of the Central Board of Direct Taxes, Sushil Chandra, also made a presentation about the initiatives of the Income Tax Department... Read more
11 related articles
20d
Business Standard India
T cracks down on black money stashed abroadevaders who have undisclosed income or statshed assets abroad under the Black M
Business Standard India / Posted 20 days ago
evaders who have undisclosed income 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... Read more
21d
The Economic Times
Recovery's started, should do what it takes to boost eco: NITI Aayog VCsome critics say `tax terrorism' in the aftermath of demonetisation? That word
The Economic Times / Posted 21 days ago
some critics say `tax terrorism' 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... Read more
21d
The Economic Times
CBDT chief tells tax officers to target Rs 3 lakh crore unexplained cash deposits during note bancould be taxing times for tax officials as well as those they turn their glare
The Economic Times / Posted 21 days ago
could be taxing times for tax 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... Read more
22d
The Economic Times
Income Tax department fastens belt to add 1.25 crore new tax filers this fiscalnew return filers in the current financial year as part of the government's pla
The Economic Times / Posted 22 days ago
new return filers in the current 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... Read more
2 related articles
22d
asianage
I-T dept fastens belt to add 1.25 cr new tax filers this yearnew return filers in the current financial year as part of the government's pla
asianage / Posted 22 days ago
new return filers in the current 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... Read more
2 related articles
26d
The Economic Times
Banks rush to set up Aadhaar centres as UIDAI's Sep 30 deadline draws closeup Aadhaar service centres as every account holder is required to submit the Aa
The Economic Times / Posted 26 days ago
up Aadhaar service centres as 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... Read more
27d
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 27 days 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
27d
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 27 days 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
27d
The Economic Times
Benami property secret informers to get reward of Rs 1 croreagencies in connection with Benami Properties. The initiative is likely to be
The Economic Times / Posted 27 days ago
agencies in connection 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... Read more
3 related articles
27d
New Kerala
Benami property secret informers to get reward of 1 Crore - newkerala news #273984agencies in connection with Benami Properties. The initiative is likely to be
New Kerala / Posted 27 days ago
agencies in connection 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... Read more
3 related articles
29d
Business Standard India
CBDT proposal on advance estimates of tax liability irks industryA draft notification by the Central Board of Direct Taxes (CBDT) has not gone d
Business Standard India / Posted 29 days ago
A draft notification by the Central Board of Direct Taxes (CBDT) has not gone down well with the industry, which said it would increase compliance burden on them at a time when they are already struggling to cope with issues related to the goods and... Read more
3 related articles
29d
Business Standard India
Dealing with an online income tax notice is easierAfter the success of its pilot project, the Central Board of Direct Taxes (CBDT
Business Standard India / Posted 29 days ago
After the success of its pilot project, the Central Board of Direct Taxes (CBDT) is planning to roll out paperless assessment, and plans to cover the entire country by the end of the current financial year. Taxpayers will soon be able to choose if... Read more
30d
The Economic Times
Nine macro triggers that should matter for market todaytheir income estimates and tax liability for six months of the financial year t
The Economic Times / Posted 30 days ago
their income estimates and tax liability for six months of the financial year to the I-T department by November 15. The Central Board of Direct Taxes (CBDT) has come out with a draft notification seeking stakeholders' comment on filing of Form... Read more
2 related articles
30d
The Economic Times
CBDT draft note seeks estimate of income, liabilitiesNovember 15, in a move aimed at keeping a close check on flow of revenue, accor
The Economic Times / Posted 30 days ago
November 15, in a move aimed at keeping a close check on flow of revenue, according to a draft notification issued by the Central Board of Direct Taxes (CBDT). It has sought stakeholders’ comment by September 29 on filing of Form 28AA by giving... Read more
3 related articles
30d
asianage
Companies may have to furnish Apr-Sept income estimates to I-T depttheir income estimates and tax liability for six months of the financial year t
asianage / Posted 30 days ago
their income estimates and tax liability for six months of the financial year to the I-T department by November 15. The Central Board of Direct Taxes (CBDT) has come out with a draft notification seeking stakeholders' comment on filing of Form... Read more
3 related articles
30d
The Economic Times
Companies may have to furnish Apr-Sept income estimates to I-T depttheir income estimates and tax liability for six months of the financial year t
The Economic Times / Posted 30 days ago
their income estimates and tax liability for six months of the financial year to the I-T department by November 15. The Central Board of Direct Taxes (CBDT) has come out with a draft notification seeking stakeholders' comment on filing of Form... Read more
3 related articles
m
Hindustantimes.com
Private member’s bill proposes MPs must declare assets after term endstwo elections, and had directed the government to place the necessary informati
Hindustantimes.com / Posted 1 months ago
two elections, and had directed the government to place the necessary information in this regard before the court. The Central Board of Direct Taxes (CBDT) later told the Supreme Court that there has been a substantial hike in the assets of... Read more
m
The Economic Times
Pvt member's bill proposes MPs also declare assets after term endstwo elections, and had directed the government to place the necessary informati
The Economic Times / Posted 1 months ago
two elections, and had directed the government to place the necessary information in this regard before the court. The Central Board of Direct Taxes (CBDT) later told the Supreme Court that there has been a substantial hike in the assets of... Read more
m
Business Standard India
Govt employees under CVC lens over deposit of old notesthe CBDT). We will get more refined data on which we will certainly proceed," C
Business Standard India / Posted 1 months ago
the CBDT). We will get more refined data on which we will certainly proceed," Chowdary said in an interview. The CBDT or Central Board of Direct Taxes is the apex policy-making body for the I-T department. Chowdary said he had had discussions... Read more
2 related articles
m
Hindustantimes.com
CVC to probe govt employees’ deposits post demonetisationCBDT). We will get more refined data on which we will certainly proceed,” Chowd
Hindustantimes.com / Posted 1 months ago
CBDT). We will get more refined data on which we will certainly proceed,” Chowdary told PTI in an interview. The CBDT or Central Board of Direct Taxes is the apex policy-making body for the I-T department. Chowdary said he had had discussions... Read more
2 related articles
m
The Economic Times
CVC to probe government employees deposits post demonetisationthe CBDT). We will get more refined data on which we will certainly proceed," C
The Economic Times / Posted 1 months ago
the CBDT). We will get more refined data on which we will certainly proceed," Chowdary told in an interview. The CBDT or Central Board of Direct Taxes is the apex policy-making body for the I-T department. Chowdary said he had had discussions... Read more
2 related articles
m
dna
819 'affordable' homes, but 2% are for MPs, MLAsLower Income Group (LIG) category as their basic salaries were generally above
dna / Posted 1 months ago
Lower Income Group (LIG) category as their basic salaries were generally above the eligible limits. Earlier this week, the Central Board of Direct Taxes (CBDT) informed the Supreme Court (SC) that it has been investigating the matter where there... Read more
m
New Kerala
MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information - newkerala news #271844misuse of corporate structure by shell companies for various illegal purposes,
New Kerala / Posted 1 months ago
misuse of corporate structure by shell companies for various illegal purposes, the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) have now concluded a formal Memorandum of Understanding (MoU) for data exchange, on 6th... Read more
6 related articles
m
Business Standard India
Tax dept, MCA team up against shell firmsIt added a memorandum of understanding for Automatic and Regular Exchange of In
Business Standard India / Posted 1 months ago
It added a memorandum of understanding for Automatic and Regular Exchange of Information was signed between the MCA and the Central Board of Direct Taxes (CBDT) on September 6 and took effect the same day. Under the pact, tax authorities will now... Read more
6 related articles
m
New Kerala
Ministry of Corporate Affairs, CBDT sign MoU for Automatic and Regular Exchange of Information - newkerala news #271825New Delhi , Sep 14 : The Ministry of Corporate Affairs and Central Board of Dir
New Kerala / Posted 1 months ago
New Delhi , Sep 14 : The Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) on Thursday concluded a formal Memorandum of Understanding (MoU) for data exchange, on 6th September, 2017. Taking forward the initiative launched by the... Read more
6 related articles
m
asianage
Govt against shell companies: CBDT, MCA to share info on audit, PAN reportsministry statement said. The MoU for Automatic and Regular Exchange of Informa
asianage / Posted 1 months ago
ministry statement said. The MoU for Automatic and Regular Exchange of Information between was signed between the MCA and Central Board of Direct Taxes (CBDT) on September 6 and took effect the same day, it said. Under the pact, tax authorities... Read more
6 related articles
m
The Economic Times
PAN, audit reports of cos now on Modi govt's black money watch listministry statement said. The MoU for Automatic and Regular Exchange of Informa
The Economic Times / Posted 1 months ago
ministry statement said. The MoU for Automatic and Regular Exchange of Information between was signed between the MCA and Central Board of Direct Taxes (CBDT) on September 6 and took effect the same day, it said. Under the pact, tax authorities... Read more
6 related articles
m
The Hindu
Sluggish TDS growth: CBDT asks I-T dept. to take urgent stepsTax Department to pull up its socks and take “urgent” steps and also conduct su
The Hindu / Posted 1 months ago
Tax Department to pull up its socks and take “urgent” steps and also conduct survey operations to shore up the funds. Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has issued a stern directive to all the field offices of the I-T... Read more
4 related articles
m
Business Standard India
More trouble for shell firms: PAN, audit reports come under govt scannerministry statement said. The MoU for Automatic and Regular Exchange of Informa
Business Standard India / Posted 1 months ago
ministry statement said. The MoU for Automatic and Regular Exchange of Information between was signed between the MCA and Central Board of Direct Taxes (CBDT) on September 6 and took effect the same day, it said. Under the pact, tax authorities... Read more
6 related articles

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