Tag archive for ‘CBDT’
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By Ila Choudhary On Monday, July 6th, 2020
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Govt not considering merger of CBDT, CBIC: Finance Ministry

New Delhi: The government is not considering any proposal to merge the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC), the Finance Ministry said on Monday. Panel More...

By Ila Choudhary On Sunday, June 28th, 2020
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Employees allowed to claim I-T exemption on conveyance allowance under new tax regime: CBDT

New Delhi: The government has allowed individuals under new lower tax regime to claim I-T exemption on conveyance allowance received from employers. The Central Board of Direct Taxes (CBDT) has now amended Income More...

By Ila Choudhary On Sunday, June 7th, 2020
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Fall in direct tax collection on expected lines and temporary: CBDT

New Delhi: The Central Board of Direct Taxes (CBDT) on Sunday informed that net direct tax collection for the FY 2019-20 was less than that in comparison to FY 2018-19 but highlighted that this fall in the collection More...

By Ila Choudhary On Monday, April 13th, 2020
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Employees have to inform employers about intention to opt for new income tax regime: CBDT

New Delhi: The income tax department on Monday said employees will have to inform their employers about their intention to opt for the new optional tax regime to enable the latter to deduct TDS while paying salaries.  More...

By Ila Choudhary On Saturday, April 4th, 2020
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I-T dept extends deadline for filing TDS exemption forms amid lockdown

New Delhi: The Income Tax Department has allowed individuals to submit Form 15G and 15H for the current fiscal after June 30 for claiming exemption from TDS on interest income to mitigate the hardship of people More...

By Manish Sen On Thursday, February 6th, 2020
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GST evasion: Centre, state tax officers to share taxpayers information to tighten enforcement

CBDT Chairman Pramod Chandra Mody New Delhi: Central and state tax officers will share information about taxpayers for enforcement action as the government looks to tighten enforcement measures to check GST evasion. More...

By Manish Sen On Wednesday, February 5th, 2020
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CBDT to collect data on direct tax cases in high courts for ‘Vivad se Vishwas’ scheme

New Delhi: The CBDT has set the ball rolling to implement a recently announced scheme to settle direct tax cases by asking its offices across the country to provide it with data on pending appeals in high courts. More...

By Manish Sen On Saturday, January 4th, 2020
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Revenue Secy asks tax officials to put special effort to check evasion, meet target

New Delhi: Revenue Secretary Ajay Bhushan Pandey on January 3 held a meeting with senior tax officials and asked them to put forward special efforts to check evasion and meet the target set for the current fiscal. Revenue More...

By Manish Sen On Tuesday, December 31st, 2019
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Date of linking Aadhaar and PAN extended till March 2020

New Delhi: The date of linking Permanent Account Number (PAN) with Aadhaar has been extended from December 31, 2019, to March 31, 2020. Date of linking Permanent Account Number (PAN) with Aadhaar has been extended More...

By Manish Sen On Tuesday, December 24th, 2019
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CBDT extends due date for filing of ITRs, TARs for all assesses of Jammu and Kashmir, Ladakh

New Delhi: The Central Board of Direct Taxes (CBDT) on Tuesday extended the due date for filing of income tax returns and tax audit reports to January 31, 2020 for all categories of assesses in the union territories More...

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