Search Results for Tag : cbdt

Notifications & Circulars

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 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 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: 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

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

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

ITAT: Income Tax Officials Bound to Follow CBDT Circular(08.07.2022)

ITAT: Income Tax Officials Bound to Follow CBDT Circular Income Tax Appellate Tribunal (ITAT), Cochin Bench has held that the circulars issued by the.....

Tags : ITAT, Income Tax Officials, CBDT Circulars

CBDT Opens Income Tax Portal for Income Tax Return Filing for The Year 2022-23(23.06.2022)

Central Board of Direct Taxes (CBDT) has enabled the function of filing of the income tax return for the year 2022-23.

Tags : CBDT, Income-Tax Return, 2022-23

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 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

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: 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

CBDT Extends Due Date for Filing of IT Returns/Tax Audit Reports in Union Territories of J&K, Ladakh(01.11.2019)

Central Board of Direct Taxes (CBDT) has extended due date for filing of Income Tax Returns / Tax Audit Reports to 30th November, 2019 in respect of U.....

Tags : Central Board of Direct Taxes, CBDT,

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

ITAT, Mumbai: Circular Due to Difficulties in E-filing Software Can’t be Relied(11.04.2022)

Income Tax Appellate Tribunal, Mumbai has ruled that the private discretionary trust shall be treated as AoP and has rejected the plea of the assessee.....

Tags : Income Tax Appellate Tribunal, AoP, CBDT, software, private discretionary trust

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

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 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 Extends Due Date for Filing Income Tax Returns and Audit Reports to Oct 31st(09.10.2018)

Central Board of Direct Taxes (CBDT) has further extended due date for filing Income Tax Returns and Audit Reports to October 31st.

Tags : CBDT, Income Tax Returns

File All NCLT Petitions on Shell Firms by August: CBDT to IT Department(30.07.2018)

CBDT has directed the Income Tax Department to ensure filing all its petitions before the NCLT by next month to recover due taxes worth crores of rupe.....

Tags : CBDT, Shell Firms

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 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

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

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 Issues Guidelines on 1% TDS on Virtual Digital Assets from 1st July(23.06.2022)

Central Board of Direct Taxes (CBDT) has issued guidelines to levy one percent TDS on the virtual digital assets under Section 194S of the Income Tax .....

Tags : CBDT, Virtual Digital Assets, Income-Tax Act

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

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

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

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: 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 Issues Circular Regarding Compliance Check Functionality for TDS(14.06.2022)

Central Board of Direct Taxes (CBDT) has issued a circular relating to Compliance Check Functionality for Sections 206AB and 206CCA of Income Tax Act,.....

Tags : CBDT, Compliance Check

CBDT Notifies PAN-Aadhaar Interchangeability(08.11.2019)

Central Board of Direct Tax has notified the amendments of over 100 forms and returns to provide for interchangeability between permanent account numb.....

Tags : CBDT, PAN

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