Aims to check black money post-note ban Business Standard, 5 days ago
No threat, show cause to be issued under 'Operation Clean Money': CBDT - Business Standard, 6 days ago
Don't threaten, warn or issue show cause notice to taxpayers under Operation Clean Money, CBDT tells taxman - Rediff.com, 6 days ago
More from: Nerve, SME Times...and 5 other sources
CBDT has laid down detailed SOPs on how assessing officers will scrutinise suspicious depositsBusiness Standard, 4 days ago Taxman not to ask questions on deposits up to Rs 2.5 lakh:CBDT DNA, 3 weeks ago Taxman won’t question on deposits up to Rs 2.5 lakh: CBDT The Hindu, 3 weeks ago Deposits up to Rs 2.5 lakh won't be questioned: CBDT Rediff.com, 3 weeks ago
The Central Board of Direct Taxes (CBDT) has clarified that place of effective management (PoEM) regulations will not be enforced upon firms with a turnover of Rs 50 crore or less in a financial year. The clarification on the enforcement criterion of the PoEM ...SME Times, 2 days ago Clarity still eludes PoEM coverage Business Standard, 4 days ago PoEM rules not to apply to companies with Rs 50 crore or less turnover Business Standard, 2 days ago Companies with sales below Rs 50 cr out of POEM loop: Govt Business Standard, 3 days ago
Any bank account suspected to have been "misused" for money laundering or shell company operations won't be exempted from probe under 'Operation Clean Money' despite having low deposits, the CBDT today said.DNA, 6 days ago Taxman to scrutinise loan deposits under op 'clean money' Business Standard, 5 days ago
More from: , Rediff.com...and 1 other sources
Among the 18 lakh individuals struggling with petty income tax dues pending for years together? You may have got one time lucky, with the tax department deciding to write off all pending arrears up to Rs 100 till date.For the first time ever, the Central ...Business Standard, 5 days ago
if suspicion of black funds is found to be true: "A holistic view should be adopted looking into the various aspects of the circumstances leading to deposit of cash (like family size, financial status and background of person) and uniformity in approach must ...DNA, 6 days ago
Last month, the CBDT had issued a circular clarifying that overseas transfer tax would clearly be applicable to FPIs.Money Control, 2 weeks ago CBDT's changes to indirect transfer provisions may hit FPIs Money Control, 2 months ago Good news for FPIs! Budget provides breather on indirect transfer taxation Business Standard, 3 weeks ago Budget provides a breather to FPIs on indirect transfer taxation Business Standard, 3 weeks ago
Expeditious issue of Refunds is a High Priority for the Central Board of Direct Taxes (CBDT); Over 4.19 crore Income Tax Returns (ITRs) processed and over 1.62 crore refunds issued during the Current Financial Year up to 10th February, 2017.
The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) at Bengluru has already processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017. The amount ...PIB, 2 weeks ago Rs 2,000 crore untaxed income disclosed to I-T department DNA, 2 months ago
The Central Board of Direct Taxes (CBDT), the policy-making body of the Income Tax department, is planning to roll out a faster method to obtain a PAN, powered by the Aadhaar database, even as a mobile application is being prepared for filing of tax returns ...MSN India, 1 week ago Income Tax Returns: CBDT Warns Tax Payers One India, 2 months ago
The CBDT is working on using the extensive Aadhaar databaseBusiness Standard, 1 week ago
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