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International

UK Budget guns for offshore tax avoidance; Introduces anti-hybrid, interest-limitation rules

Transfer & Posting

CBDT promotes 250 officers to the grade of Joint Commissioner on ad-hoc basis

News

IT Dept. simplifies TDS matching process to ease time-barring assessment pressure on AOs

News

Maharashtra Budget introduces 'fair market price' in VAT, extends amnesty for defaulters

CBDT Corner

CBDT : Holding period of debentures converted into shares to include pre-conversion period

CBDT Corner

CBDT releases e-commerce taxation committee report; Equalisation levy not tax on income

International

Australia introduces withholding tax on non-residents' capital gains from real property transactions

CBDT Corner

CBDT: Directs Revenue to consider Penny Stock details to curb bogus LTCG/ STCL claims

International

OECD :Global Forum publishes 10 peer-review reports; Compliance ratings assigned to 94 jurisdictions

CBDT Corner

CBDT's safe harbour olive branch to offshore funds, laced with mandatory TP compliance

News

Akhilesh Ranjan : Equalisation levy 'novel concept', alternate to corporate-tax but no FTC

News

CESTAT : TDS on consideration remitted to foreign architect, not exigible to service tax

News

CBDT re-iterates earlier Instruction restraining demand on 'deductee' for deductor's TDS default

News

Rich farmers under scanner as IT Dept. to verify agriculture income genuineness

News

SC :Dismisses Revenue appeal against HC allowing tax holiday on operational subsidies

Transfer & Posting

3 ITAT members transferred; Change in Bangalore, Ahmedabad bench composition

CBDT Corner

CBDT : Revised monetary limits for ITAT & HC appeals also apply to cross-objections

Transfer & Posting

CBDT announces local transfers/postings of Addl./Jt. CITs and CITs

News

Govt withdraws proposal to tax employee provident fund withdrawals: PTI

News

CBDT :Fast-tracks Sec 245-refunds process, cuts short deadline to 15 days