Central Board Of Direct Taxes Cbdt
Business  /  Published 26.08.22

I-T dept to check tax evasion: CBDT

The Income-Tax department is going into "new areas" of the economy to check tax evasion even as its investigation units are using analytics to sift through voluminous data on Indians holding...
By PTI in New Delhi

Business  /  Published 19.08.22

I-T amends tax rules

The income tax department on Friday said taxpayers can claim credit for taxes paid outside India before the end of the assessment year if the I-T return is filed within the stipulated deadline. So fa...
By PTI in New Delhi

India  /  Published 19.08.22

Rs 1,000-cr ‘Dolo freebies’ for docs

A nationwide body of medical representatives on Thursday told the Supreme Court that the drug company that produces Dolo, the 650mg version of a paracetamol pill, had spent Rs 1,000 crore in freebies ...
By G.S. Mudur in New Delhi

India  /  Published 06.08.22

TN: Black income detected in IT raids

The income-tax department has detected "undisclosed" income of more than Rs 200 crore after it recently raided some film producers, distributors and financiers in Tamil Nadu, the CBDT said o...
By PTI in New Delhi

India  /  Published 03.08.22

IT dept seize black income from businesses

The Income-tax department has detected black income of more than Rs 150 crore after it raided several business groups who run hospitals in Haryana and Delhi-NCR, the Central Board of Direct Taxes (CBD...
By PTI in New Delhi


Business  /  Published 24.07.22

'Prompt grievance redressal top priority'

Prompt redressal of taxpayers' grievances remains the top priority for the tax department, the newly appointed chairman of Central Board of Direct Taxes (CBDT) Nitin Gupta said on Sunday. In his ...
By Our Bureau, PTI in New Delhi

Business  /  Published 12.05.22

Closer tabs on bank dealings

The government has made quoting of PAN or Aadhaar number mandatory if the cash deposits and withdrawals in a financial year exceeds Rs 20 lakh and in case of opening of a current account or cash credi...
By Our Special Correspondent in New Delhi

Business  /  Published 02.04.22

New IT forms seek more disclosures

The income tax department has notified forms for filing IT returns for 2021-22 fiscal, requiring more disclosures, including details of investment in unincorporated entities and income from overseas r...
By Our Special Correspondent in New Delhi

Business  /  Published 19.03.22

More time to file 22% tax form

Many Indian businesses which claimed the benefit of lower rate in their corporate tax returns have not filed the specified form separately in this regard, leading to hardships. The CBDT said in a sta...
By R. Suryamurthy in New Delhi

Business  /  Published 19.01.22

Flawed IT reassessment notices quashed

Taxpayers who received a flurry of reassessment notices last year can breathe a huge sigh of relief after several high courts have struck these down because of the dodgy manner in which the taxman iss...
By Pinak Ghosh in Calcutta


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