CBDT Corner

CBDT: Notifies rules relating to TDS-deposit, TDS-returns for payments under newly inserted Sec. 194M

CBDT amends Rules 30, 31 & 31A of the Income Rules, prescribes TDS rules for payments under  newly inserted Section 194M [for

Nov 19,2019

CBDT - India, Switzerland reiterate commitment to global tax transparency for tackling offshore tax-evasion

CBDT Press Release apprises that in order to further cooperation in the fight against tax evasion, Revenue Secretary, Dr. Ajay

Nov 14,2019

CBDT: Sec. 56(2)(x) inapplicable to property received by 'unauthorized colony' resident upon transaction 'regularized' by Govt.

CBDT inserts new Rule 11UAC prescribing class of persons for the purpose of newly inserted clause (XI) to Sec. 56(2)(x)

Nov 14,2019

Recent searches unearth Rs. 3300 Cr siphoning of funds through hawala operators, claims CBDT

IT. Department conducts searches on a group of persons indulging in issuing of bogus bills and carrying on hawala transactions

Nov 11,2019

CBDT: Amends over 100 income-tax forms/ returns / reports to provide for PAN - Aadhaar substitution

CBDT amends Appendix II in the Income tax Rules, 1962 which provides for various forms, statements, returns, reports, notifies Income-tax

Nov 07,2019

CBDT extends return filing due-date to 30th Nov for assessees in Jammu & Kashmir, Ladakh

CBDT extends income tax return and tax audit return filing due date to 30th November 2019 in respect of all

Nov 01,2019

IT Dept. calls for 'Integrity Pledge' from citizens / organizations as Vigilance Awareness Week kicks off

IT Dept. calls for 'Integrity Pledge' from citizens / organizations as Vigilance Awareness Week kicks off.

Oct 30,2019

CBDT publishes first edition of in-house quarterly e-journal “Taxalogue”

CBDT [The Directorate of Legal & Research] publishes its first edition of “Taxalogue” [Dialogue on Tax], an in-house quarterly e-journal,

Oct 21,2019

CBDT: Updates direct-tax statistics; 88 lakh new return filers added in FY 2018-19

CBDT releases key statistics relating to direct tax collections and administration, further releases Time-series data updated up to FY 2018-19

Oct 11,2019

CBDT : Revenue Secretary inaugurates NeAC; New Scheme to impart greater transparency, efficiency

Revenue Secretary Dr. Ajay Bhushan Pandey inaugurates National e-Assessment Centre (NeAC) today at New Delhi in the presence of CBDT

Oct 07,2019