Search Results for Tag : CBDT

Notifications & Circulars

CBDT notifies Income Tax Return Forms for Assessment Year 2018-2019(05.04.2018)

The Central Board of Direct Taxes (CBDT) has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2018-19. For Assessment Year 2017-18.....

Tags : CBDT, Forms, Income tax

News

CBDT: 1% Tax at Source on Retail Sales of Motor Vehicles(09.06.2016)

Centre has decided to levy 1% tax collected at source (TCS) on motor vehicles purchased in ‘cash’, in the range of Rs 2-10 lakh. Also, any sale exceed.....

Tags : CBDT, tax collected at source

CBDT Notifies New Communication Scheme(28.02.2018)

Central Board of Direct Taxes has notified a new centralised communication scheme for serving e-notices to income tax-payers as part of the Government.....

Tags : CBDT, Scheme

Govt Empowers CBDT to Provide PAN Related Information to National Intelligence Grid(22.06.2017)

Central Government has issued a notification empowering CBDT to provide Permanent Account Number (PAN) related information to National Intelligence Gr.....

Tags : Central Government, CBDT, PAN

Rules for Assessing Officers Tightened by CBDT(18.07.2016)

CBDT has made it more difficult for Assessing Officers to expand the scope of a limited scrutiny to a complete one. The guidelines issued by the autho.....

Tags : CBDT, Assessing Officer, Guidlelines

SC Directs CBDT to Decide on Income Tax Exemption to NRIs Within Three Weeks(11.02.2021)

Supreme Court has directed the Central Board of Direct Taxes (CBDT) to decide on income tax exemption to non-resident Indians (NRIs) within 3 weeks fo.....

Tags : SC, CBDT

CBDT Issues Revised List of Entities Exempted from TDS(30.05.2017)

Central Board of Direct Taxes (CBDT) has issued revised list of entities which are exempted from payment of TDS that includes inter alia local authori.....

Tags : CBDT, TDS

CBDT Notifies Income Tax Return Forms for AY 2019-20(05.04.2019)

Central Board of Direct Taxes (CBDT) has notified the income tax return forms for the Assessment Year 2019-20.

Tags : CBDT, Income Tax Return Forms, AY 2019-2020

CBDT inks the 300th Advance Pricing Agreement(01.10.2019)

The Central Board of Direct Taxes (CBDT) has signed the 300th Advance Pricing Agreement (APA) during the month of September, 2019. This is a significa.....

Tags : CBDT, Advance Pricing, Agreement

DIN system of CBDT launched(01.10.2019)

The Documentation Identification Number (DIN) system of Central Board of Direct Taxes (CBDT) has come into existence from today with the generation of.....

Tags : DIN system, CBDT, Launch

SEBI signs MoU with CBDT(08.07.2020)

Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding (MoU) with Central Board of Direct Taxes (CBDT), Government of Indi.....

Tags : MOU, CBDT, Signing of

Shri Sushil Chandra takes over as the Chairman, Central Board of Direct Taxes (CBDT)(01.11.2016)

Shri Sushil Chandra, IRS (1980 Batch), today took over as the Chairman, Central Board of Direct Taxes (CBDT). He succeeds Ms Rani A Nair who superannu.....

Tags : Appointment, Chairman, CBDT

CBDT: IBBI Eligible for IT Exemption on Grant in Aid, Fine, Fee, Interest Income(03.03.2023)

Central Board of Direct Taxes (CBDT) has notified that the Insolvency and Bankruptcy Board of India (IBBI) shall be eligible for the income tax exempt.....

Tags : CBDT, IBBI, Income-Tax Exemption

CBDT to I-T Department: Keep Offices Open till Midnight on 30 September(16.09.2016)

Central Board of Direct Taxes (CBDT) has directed the Income Tax Department to keep its country-wide offices open till midnight on September 30 in ord.....

Tags : CBDT, I-T Department, IDS, September 30

CBDT Issues New Norms for Compounding of Offences(17.06.2019)

Central Board of Direct Taxes (CBDT) has issued new norms for compounding of offences under black money law. These will replace the old Guidelines. Th.....

Tags : CBDT, Compounding of offences

CBDT Notifies E-Assessment of Income Escaping Assessment Scheme 2022(31.03.2022)

Central Board of Direct Taxes (CBDT) has notified that the e-Assessment of Income Escaping Assessment Scheme, 2022 and Faceless Jurisdiction of Income.....

Tags : Central Board of Direct Taxes, CBDT, the e-Assessment, Income Escaping Assessment Scheme, 2022, artificial intelligence

Bombay HC Sets Aside CBDT's 'Rewards' Plan(23.04.2019)

Bombay High Court has set aside that portion of CBDT's action plan that sought to incentivise commissioners of income tax appeals who pass 'quality' o.....

Tags : Bombay High Court, CBDT

Bombay HC Sets Aside CBDT's 'Rewards' Plan(23.04.2019)

Bombay High Court has set aside that portion of CBDT's action plan that sought to incentivise commissioners of income tax appeals who pass 'quality' o.....

Tags : Bombay High Court, CBDT

CBDT Issues Interim Action Plan for FY 2021-22(21.06.2021)

Central Board of Direct Taxes (CBDT) has issued the interim action plan for financial year 2021-22.

Tags : CBDT, Action Plan

CBDT Launches ‘E-Nivaran’ to Resolve I-T Grievances(09.09.2016)

Central Board of Direct Taxes (CBDT) has launched ‘e-nivaran’ facility for online redressal of taxpayers’ grievances related to refunds, ITRs and PAN .....

Tags : CBDT, E-Nivaran

CBDT Notifies New Norms for Approving Panel under GAAR(19.09.2019)

Central Board of Direct Taxes (CBDT) has notified Rules 10UD & 10UE for the purpose of making reference to Approving Panel under Section 144BA(4) of t.....

Tags : CBDT, GAAR

Del. HC: ITAT’s Direction to Re-examine Issue by Referring to CBDT’s Circular Can’t be Disregarded(02.08.2024)

Delhi High Court has held that Income Tax Appellate Tribunal’s (ITAT) direction to re-examine the issue by referring to the circular issued by the Cen.....

Tags : Delhi High Court, ITAT, CBDT

CBDT to Officials: Don't Pursue MAT Cases Against FIIs(04.09.2015)

Central Board of Direct Taxes (CBDT) has issued instructions to its officers not to raise any fresh demand and keep in abeyance notices sent to Foreig.....

Tags : CBDT,FIIs,MAT

CBDT: Aadhaar Mandatory For ITR From July 1, As SC Ordered Only Partial Relief(12.06.2017)

Central Board of Direct Taxes (CBDT) has clarified that for filing of tax returns and for obtaining Permanent Account Number (PAN), Aadhaar was compul.....

Tags : CBDT, Aadhaar, PAN

Non-Residents Need to Furnish Unique Number in Advance Ruling Forms: CBDT(18.07.2018)

Central Board of Direct Taxes (CBDT) has amended the Form for Advance Ruling wherein it was mandated that the non-residents have to furnish their uniq.....

Tags : CBDT, Advance Ruling, Forms

CBDT Initiatives for reducing tax litigation(15.12.2015)

The Central Board of Direct Taxes released a Circular revising monetary limits for filing of appeals by the Department with the objective of reducing .....

Tags : Cbdt, tax appeal, revised limits

CBDT sets up dedicated structure for delivering and monitoring taxpayer services(07.03.2016)