Search Results for Tag : Cbdt

News

CBDT Notifies New Depreciation Rates on Vehicles Purchased Between 23.08. 2019 to 31.03.2020(24.09.2019)

Central Board of Direct Taxes(CBDT) has notified new depreciation rates of 30% and 45% on vehicles purchased between 23.08.2019 to 31.03.2020. The rat.....

Tags : Central Board of Direct Taxes, CBDT, New Depreciation Rates

CBDT: No MAT Credit for Companies Opting for Lower Corporate Tax Rate(03.10.2019)

Central Board of Direct Taxes (CBDT) has issued a detailed circular that Minimum Alternate Tax (MAT) credit will not be available to a company that op.....

Tags : CBDT, MAT Credit

No Action Against ‘Start Up’s If Its Valuation Report of Unquoted Shares is Rejected: CBDT(08.02.2018)

Central Board of Direct Taxes (CBDT) has clarified that no action will be taken against Start Ups if its valuation report of unquoted shares is reject.....

Tags : CBDT, Start Ups

CBDT Extends Deadline for Filing of Income Tax Returns for J&K and Ladakh(26.12.2019)

Central Board of Direct Taxes has again extended the deadline for filing of all kinds of income tax returns to January 31, 2020, in the newly-created .....

Tags : CBDT, Income Tax Returns

CBDT Launches Online Portal for Filing Complaints Regarding Tax Evasion(13.01.2021)

Central Board of Direct Taxes has launched an automated dedicated online portal on the e-filing website of the Department to receive and process compl.....

Tags : CBDT, Online Portal, Tax Evasion

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

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

CBDT Relaxes Eligibility Conditions for Filing of IT Return Form-1 and 4 for Assessment Year 2020-21(13.01.2020)

Central Board of Direct Taxes has granted relaxation to eligibility conditions for filing of Income Tax Return Form-1 (Sahaj) and Form-4 (Sugam) for t.....

Tags : CBDT, IT Return

CBDT Signs Advance Pricing Agreements (APAs) to Usher in Certainty in Taxation.(06.08.2015)

In an effort to usher in certainty in taxation, the CBDT signed a further two Advance Pricing Agreements (APA) with multi-national companies. It has s.....

Tags : advance pricing agreements, cbdt

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

CBDT Extends Aadhaar-PAN Linking Deadline To 31 March, 2019(02.07.2018)

Central Board of Direct Taxes (CBDT) has extended deadline for linking Aadhaar with Permanent Account Number (PAN) till 31 March, 2019.

Tags : CBDT, Aadhaar, PAN

CBDT Extends Deadline for Compounding of Income Tax Offences(06.01.2020)

Central Board of Direct Taxes has extended the last date for taxpayers to avail a “one- time” facility to apply for compounding of income tax offences.....

Tags : CBDT, Income Tax Offences

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 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

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