The government on Saturday extended timelines for various income tax compliances, including the filing of belated or revised returns for 2019-20, till May 31. The Central Board of Direct Taxes (CBDT)...

The Central Board of Direct Taxes has extended the time frame for issue of assessment orders, notices and intimations under certain provisions of the Income Tax Act along with extension of time for pa...

NRIs and foreign nationals stuck in India because of the pandemic and facing double taxation can submit their details to the income tax department by the end of this month. The Central Board of Direc...

The government has lowered the period of reopening an assessment case to ensure greater compliance and build an environment of trust with the tax men, finance minister Nirmala Sitharaman said on Tuesd...

The Dispute Resolution Committee proposed to be set up in the Union budget will have multiple benches which will give opportunity to small taxpayers to settle matters without going through the appella...

The government is “examining” the recent international tribunal order passed against India in the high-profile Cairn Energy plc retrospective tax case even as CBDT chairman P.C. Mody said ...

Entities filing declaration under the direct tax dispute resolution scheme “Vivad Se Vishwas” can revise them till the time tax authorities issue certificate mentioning details of tax arre...

The government on Tuesday extended for the third time the deadline for making payments under the direct tax dispute settlement scheme ‘Vivad Se Vishwas’ by three months to March 31, 2021. ...

Some changes in tax collection at source (TCS) will take effect from October. They relate to tax collection at source for foreign remittances and sale of goods in a year in excess of Rs 50 lakh by se...

Officials of the Central Board of Direct Taxes are in favour of taxpayers sharing their own email addresses instead of their tax consultants’ with the income tax authorities. The CBDT anticipat...