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Central Board Of Direct Taxes Cbdt
India  /  Published 29.08.21

Extension to file tax compliances

The income tax department on Sunday extended the deadline for various compliances, including filing of statement for equalisation levy and remittances. The deadline for filing the Equalisation Levy st...
By Our Bureau, PTI in New Delhi

Business  /  Published 29.08.21

Draft retro tax rules released

The draft rules for the Taxation Laws (Amendment) Act, 2021, which would end the retrospective tax disputes with Cairn Energy and Vodafone Plc, commits to refund the principal sum within a 30-day time...
By Our Special Correspondent in New Delhi

India  /  Published 24.07.21

Dainik Bhaskar: 700 cr tax evasion found

 The CBDT claimed to have detected "fictitious transactions" of Rs 2,200 crore after the Income Tax Department carried out multi-city raids against the Dainik Bhaskar media group early this week. It...
By PTI in New Delhi

Business  /  Published 14.07.21

Tax waiver for Patanjali

Patanjali Research Foundation Trust has been granted a five-year tax exemption by the income tax department by recognising it as a ‘research association’. Tax experts said they would be ab...
By Our Special Correspondent in New Delhi

Business  /  Published 09.07.21

Goodwill writeoff tax notified

The Central Board of Direct Taxes (CBDT) has notified Rule 8AC regarding computation of short-term capital gains where companies have claimed depreciation on goodwill from April 2020 till now.  ...
By Our Special Correspondent in New Delhi

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Business  /  Published 06.07.21

Tax review rules overlap

The applicability of two sets of laws for the same purpose of issuing notices and reopening assessments has left income tax assessees bewildered and tax practitioners peeved. The procedures related t...
By A Staff Reporter in Calcutta

Business  /  Published 23.06.21

I-T portal: focus on 5 glitches

Finance minister Nirmala Sitharaman on Tuesday asked Infosys to fix all issues on the new income tax portal immediately, while the software major said at least five technical glitches, including viewi...
By Our Special Correspondent in New Delhi

Business  /  Published 22.06.21

I-T portal: FM meets Infosys

Finance Minister Nirmala Sitharaman on Tuesday reviewed with Infosys officials the technical glitches that continue to mar the new income tax e-filing portal. Sitharaman, along with Minister of State...
By Our Bureau, Agencies in New Delhi

Business  /  Published 17.06.21

Direct tax mop-up doubles

Net direct tax collections have doubled to over Rs 1.85 lakh crore so far this fiscal, buoyed by personal income tax and advance tax payments, the I-T department said on Wednesday. Tax experts said th...
By Our Special Correspondent in New Delhi

Business  /  Published 20.05.21

Tax filing last date now Sept 30

...
By A Staff Reporter in Calcutta


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