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About 451 results for "cbdt"

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Money Control, 6 days ago
DNA, 5 days ago
One India, 2 weeks ago
One India, 5 days ago
One India, 5 days ago
One India, 2 weeks ago, 5 days ago, 6 days ago
Money Today, 2 weeks ago
Money Control, 2 weeks ago
Asia Net India

Cash withdrawals to biz money: How taxmen will crosscheck deposit claims

CBDT has laid down detailed SOPs on how assessing officers will scrutinise suspicious deposits
 Business Standard4 days ago Taxman not to ask questions on deposits up to Rs 2.5 lakh:CBDT  DNA3 weeks ago Taxman won’t question on deposits up to Rs 2.5 lakh: CBDT  The Hindu3 weeks ago Deposits up to Rs 2.5 lakh won't be questioned: CBDT  Rediff.com3 weeks ago

PoEM rules not apply to cos with Rs 50 cr or less turnover: CBDT

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 Times2 days ago Clarity still eludes PoEM coverage  Business Standard4 days ago PoEM rules not to apply to companies with Rs 50 crore or less turnover  Business Standard2 days ago Companies with sales below Rs 50 cr out of POEM loop: Govt  Business Standard3 days ago

No amnesty for bank deposits linked to money laundering: CBDT

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.
 DNA6 days ago Taxman to scrutinise loan deposits under op 'clean money'  Business Standard5 days ago

CBDT to write of pending taxes for individuals up to Rs 100

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 Standard5 days ago

The CBDT also gave a gist of execution to be followed as

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 ...
 DNA6 days ago
Business Standard

Overseas transfer tax –Monster realy put to sleep for FPIs?

Last month, the CBDT had issued a circular clarifying that overseas transfer tax would clearly be applicable to FPIs.
 Money Control2 weeks ago CBDT's changes to indirect transfer provisions may hit FPIs  Money Control2 months ago Good news for FPIs! Budget provides breather on indirect transfer taxation  Business Standard3 weeks ago Budget provides a breather to FPIs on indirect transfer taxation  Business Standard3 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 ...
 PIB2 weeks ago Rs 2,000 crore untaxed income disclosed to I-T department  DNA2 months ago
One India

Now, you can get your PAN instantly

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 India1 week ago Income Tax Returns: CBDT Warns Tax Payers  One India2 months ago

CBDT proposal to tap Aadhar database needs Cabinet OK

The CBDT is working on using the extensive Aadhaar database
 Business Standard1 week ago
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