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CBDT Corner

CBDT passes order to substitute NeAC by NaFAC in all correspondences, w.e.f. April 1

International

UN releases finalised draft of Article 12B - Income from Automated Digital Services

International

OECD Secretary-General releases report on tax measures introduced during Covid-19, digital economy & more

International

Biden Administration steps up to profit shifting by large corporations; Aims at raising corporate tax revenue to $2.5 trillion

News

Finance Minister virtually attends G20 FMCBG meeting; Discusses economic challenges

International

US Department of Treasury releases Made in America Tax Plan; Proposes to repeal BEAT

International

G20 Finance Ministers, Central Bank Governors committed for consensus on BEPS Inclusive Framework

CBDT Corner

CBDT clarifies, Faceless Appeals Scheme applies only to appeals under Income-tax Act

CBDT Corner

CBDT constitutes Approving Panel, Secretariat for GAAR references u/s 144BA

CBDT Corner

Law Ministry issues Corrigenda to Finance Act, 2021

News

Key Changes in ITR forms for AY 2021-22

News

SC rules in favour of taxpayers in Pepsi Foods Case

CBDT Corner

CBDT introduces changes in Master file and CbCR rules effective April 1, 2021

International

CBDT releases synthesised texts of MLIs and India's DTAAs with 9 more jurisdictions including Norway, Netherlands, Russia

News

IT Dept. enables new Form 10A for registration or provisional registration/intimation/approval of trusts/institutions

CBDT Corner

CBDT extends orders under Faceless Penalty Scheme to NaFAC, ReFAC

Transfer & Posting

CBDT assigns roles to regional Pr. CCsIT and Pr.CCIT (NaFAC) w.e.f. April 1

CBDT Corner

CBDT sets up NaFAC u/s 144B with HQ in Delhi

CBDT Corner

CBDT authorizes DIT(CPC) & CIT(E) for Trust related procedure, w.e.f. April 1

News

IT Dept. introduces JSON utility for AY 2021-22 ITRs, discontinues Excel/Java