हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

CBDT

Sheena Bora murder case: Indrani, Peter Mukerjea swindled Rs 275 crore?

In a new twist in Sheena Bora murder case, the Central Board of Direct Taxes (CBDT) report has said that Indrani and Peter Mukerjea laundered up to Rs 275.5 crore by their company, INX Media.

Dec 09, 2015, 11:41 AM IST

Income Tax department to use email for issuing notices

Income tax department will soon start e-communication with tax payers excluding the old means of communication.

Dec 08, 2015, 17:41 PM IST

CBDT notifies emails as new communication mode with taxpayers

The CBDT has notified use of emails as the new mode of communication between the taxman and taxpayers.

Dec 06, 2015, 18:49 PM IST

IT, ED raids Karti Chidambaram's firms for 'tax evasion' and 'financial irregularities'

Asserting that there was "no collateral purpose" behind its action, a late night press release issued by the CBDT in Delhi said the searches were based on "credible information of tax evasion" and "financial irregularities".

Dec 01, 2015, 23:38 PM IST

Govt seeks assistance from Switzerland in probe of Swiss bank accounts of Preneet Kaur

The government has sought assistance from Switzerland in probe of Swiss bank accounts of Congress leader Preneet Kaur and her son Raninder Singh.

Nov 24, 2015, 09:23 AM IST

CBDT proposes roadmap for elimination of tax exemption

Preparing the ground for gradual reduction of corporate tax to 25 percent from 30 percent.

Nov 20, 2015, 21:57 PM IST

Black money: CBDT reviews HSBC accounts, ICIJ cases

The CBDT Thursday reviewed some important black money and tax evasion probes being conducted by the Income Tax department, including the HSBC Geneva banks list and few others where it is suspected that Indians have stashed assets abroad.

Nov 19, 2015, 20:56 PM IST

Black money: CBDT to review HSBC accounts, ICIJ cases tomorrow

The CBDT will review some important black money and tax evasion probes being conducted by the Income Tax department Wednesday, including the HSBC Geneva banks list and few others where it is suspected that Indians have stashed assets abroad.

Nov 18, 2015, 18:16 PM IST

Good news for taxpayers! Income Tax grievances to be addressed in 2 months

Taxpayers facing "high-pitched" assessments or unfair scrutiny by the Income Tax Department can now attempt to get their grievances redressed in a short time before undertaking the arduous litigation route of courts or other appellate mechanisms.

Nov 17, 2015, 17:43 PM IST

Income Tax department developing mobile app for filing returns

Income Tax department is developing a mobile app which can be used by users for filing their tax returns, a top finance ministry official said Saturday.

Nov 14, 2015, 20:43 PM IST

Govt extends tenure of Lahiri Panel by 1 year

Government has extended by one year the tenure of a high level committee set up under former Chief Economic Advisor Ashok Lahiri to suggest steps to sort out taxation problem being faced by the trade and industry.

Nov 12, 2015, 16:12 PM IST

Finance Ministry promises to resolve tax concerns of FPIs

Government today promised to address tax concerns of foreign portfolio investors (FPIs) even as it nudged them to set up permanent establishment in the country.

Oct 20, 2015, 16:53 PM IST

CBDT looks to connect with taxpayers online in smaller cases

The Income Tax Department has started a pilot project of using e-mails for sending notices, getting replies as well as carrying out tax assessments in an attempt to make sure taxpayers don't have to visit I-T offices physically in smaller cases.

Oct 20, 2015, 13:40 PM IST

Eyeing consistency, CBDT streamlines transfer pricing norms

Looking to streamline the taxation procedure, CBDT has issued detailed guidelines on transfer pricing cases that are expected to bring about uniformity in determining arm's length price in similar instances.

Oct 18, 2015, 11:33 AM IST

Arbitration not best way to settle tax disputes: CBDT chief

Arbitration is not the best way to resolve tax disputes, CBDT Chairperson Anita Kapur said , stressing that the Indian legal system is fair enough to deal with taxation issues.

Oct 13, 2015, 16:19 PM IST

Era of tax avoidance to minimise liability over, warns CBDT

All those in business trying to minimise the applicable tax in any manner would be dealt with sternly,CBDT Chairperson Anita Kapur siad on Thursday.

Oct 08, 2015, 14:51 PM IST

Income tax department employees to hold strike today

The associations said if their demands for timely promotion in cadres and providing required infrastructure is not met, the work of budget collection and taxpayer services are "bound to fail" in the coming days.

Oct 08, 2015, 08:56 AM IST

We do not withhold refunds or scrutinise small taxpayers: CBDT

The Income Tax department does not withhold refunds of small taxpayers nor does it generally select their tax returns for scrutiny and detailed analysis, the CBDT has said in an attempt to dispel two of the biggest concerns of this category of assesses.

Oct 04, 2015, 11:03 AM IST