CBDT Corner

CBDT slams incorrect social media reports claiming difficulty in filing income-tax returns

CBDT issues clarification on incorrect reports in social media pertaining to difficulty in filing of Income Tax Returns, highlights that

Jul 16,2019

CBDT issues clarifications regarding IDS, 2016 on certain procedural and technical aspects

CBDT directs that in view of certain difficulties faced by the declarants while effecting payment of third instalment of Income

Jul 15,2019

Prosecution cases & non-resident remittances continue to dominate CBDT's 2019-20 Central Action Plan

CBDT releases Central Action Plan [CAP] for 2019-20 aimed at accomplishing Vision 2020 document adopted by the IT -Department which

Jul 08,2019

CBDT: Non-resident investor's income from offshore investment routed through AIF u/s. 115UB, not taxable

CBDT issues clarification regarding taxability of income earned by a non-resident investor from off-shore investments routed through an Alternate Investment

Jul 04,2019

Ministry of Finance - Withdrawn CBDT Circular 10/2018 taken into account only in one assessed case

Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman apprises that CBDT is in knowledge of only one case

Jul 02,2019

CBDT expands Terms of Reference of DTC Panel, adds 5 more areas

CBDT expands Terms of Reference of DTC Panel, adds 5 more areas

Jun 26,2019

CBDT - Clarifies entire 'disability' pension exempt for all ranks of disabled armed forces personnel

CBDT clarifies that the entire disability pension exemption, i.e. 'disability' as well as the 'service' element would be available to

Jun 26,2019

CBDT: Boosts PSU banks' recovery efforts, to share assets info of loan defaulters

CBDT, in a directive to Pr. CCITs, instructs sharing of information in respect of immovable assets of a loan defaulter

Jun 25,2019

CBDT Chairman: Raises concern over IRS officer's lackadaisical attitude in redressal of grievances

CBDT Chairman issues directive on timely & proper redressal of public grievances; Urges IRS officers to take requisite steps so

Jun 24,2019

CBDT : Issues guidance regarding 'Assessment of Firms'; Clarifies on loss set-off pre-Sec. 115BBE amendment

CBDT issues guidance to AOs while framing 'Assessment of Firms'; Regarding expenses in the hands of the firm such as

Jun 19,2019