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CBDT Corner

Govt sets up Tax Force to draft new direct tax legislation

International

OECD's EOI report rates India 'largely compliant', recommends improvements in request quality

CBDT Corner

CBDT: Issues draft notification u/s. 115JG (1) relating conversion of foreign banks' Indian branch into subsidiary

Transfer & Posting

4 ITAT members transferred to Lucknow and Indore benches

News

Intelligent model predicting TDS rate from invoices/purchase orders wins EY Hackathon

International

Qatar becomes 115th jurisdiction to join Multilateral Convention on Tax Information Exchange

International

African Ministers agree on 'Yaounde Declaration' to tackle illicit financial flows

CBDT Corner

CBDT lays down guidelines for issuing intimation proposing adjustments u/s. 143(1)(a)(vi)

International

Mauritian PM refutes 'tax haven' tag in a statement on 'Paradise Papers'

Transfer & Posting

CBDT announces 229 ACIT promotions on ad-hoc basis

News

Union Cabinet approves DTAA with Hong Kong

International

Fifth OECD Forum meet in London identifies 5-point plan to tackle tax crime

CBDT Corner

CBDT : Relaxes indirect transfer provisions on investment funds' multi-tier structures to avoid double taxation

News

Delhi HC upholds constitutional validity of ICDS, but strikes down certain provisions

CBDT Corner

CBDT : Re-constituted Multi Agency Group to monitor 'Paradise Papers' investigations, assures 'swift action'

CBDT Corner

CBDT: Cash purchases upto Rs. 2 lakhs of agricultural produce from cultivator not disallowable u/s. 40A(3)

Transfer & Posting

CBDT announces promotions to CIT grade, also announces posting & transfers

CBDT Corner

CBDT confirms due-date extension to Nov. 7, issues notification

CBDT Corner

CBDT extends tax audit due date till Nov. 7

News

SC : Rules against assessees on taxation of mobilisation fees for oil rigs u/s 44BB