Tag archive for ‘CBDT’
By Manish Sen On Thursday, February 14th, 2019

CBDT chief Sushil Chandra appointed Election Commissioner

New Delhi: CBDT Chairman Sushil Chandra was on Thursday appointed as an Election Commissioner, the Law Ministry said. CBDT Chairman Sushil Chandra today appointed as an Election Commissioner Chandra, an IIT graduate, More...

By Manish Sen On Thursday, February 7th, 2019

I-T Dept to soon decide on startups to be exempt from angel tax

New Delhi: the Income Tax Department will soon decide on the kind of startups that can be exempted from angel tax, a top official said Thursday. CBDT Chairman Sushil Chandra said that they have received several More...

By Manish Sen On Friday, February 1st, 2019

Income tax rebate of Rs 12500 to those who earn up to Rs 5 L from April 1: CBDT Chairman

New Delhi:The income tax department will give a “straight rebate” of Rs 12,500 to people having an annual income of Rs 5 lakh from the beginning of next fiscal, thus making their tax liability zero, Sushil More...

By Manish Sen On Sunday, January 6th, 2019

CBDT directs taxman to maximise collection efforts as growth rate not satisfactory

New Delhi: With growth in direct tax collections sluggish, the CBDT has directed income tax department officials to “maximise” their efforts and conduct targeted surveys and file court cases against More...

By Manish Sen On Wednesday, December 5th, 2018

I-T dept working on pre-filled income tax return forms: CBDT chief

New Delhi: Income tax payers will soon get pre-filled ITR forms that will make the process of filing returns easier, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has said. “Income tax payers More...

By Ila Choudhary On Monday, November 26th, 2018

Akhilesh Ranjan appointed Convenor of Direct Tax Law Task Force

New Delhi: The Central Board of Direct Taxes (CBDT) member Akhilesh Ranjan was today appointed as convenor of New Direct Tax Law Task Force that is drafting a new tax law. CBDT member Akhilesh Ranjan was today appointed More...

By Manisha Sen On Tuesday, November 20th, 2018

PAN applicant not required to quote father’s name in certain cases

New Delhi: The Income Tax Department said on Tuesday that quoting of father’s name in PAN (Permanent Account Number) application forms will not be mandatory in cases where mother of the applicant is a single More...

By Manish Sen On Wednesday, November 7th, 2018

Neena Kumar, Akhilesh Ranjan, Prasana Kumar Dash appointed CBDT members

New Delhi: The Centre Tuesday appointed Neena Kumar, Akhilesh Ranjan and Prasana Kumar Dash as new members in the Central Board of Direct Taxes (CBDT), the apex policy-making body of the Income Tax Department. IRS More...

By Manish Sen On Monday, October 22nd, 2018

Avg income of salaried, non-salaried taxpayers rises over last 3 years: CBDT

New Delhi: The number of and average income declared by salaried and non-salaried categories of taxpayers in the country have increased over the past three years, the CBDT said on Monday. CBDT Chairman Sushil Chandra The More...

By Ila Choudhary On Monday, October 8th, 2018

Date for filing IT returns, audit reports extended till Oct 31

New Delhi: The Central Board of Direct Taxes (CBDT) on Monday extended the due date of the filing of Income Tax (IT) returns and audit reports till October 31. Sushil Chandra Chairman of CBDT, the nodal national More...