Finance Ministry asks taxmen to submit note on high-pitched assessments
Last year, the Central Board of Direct Taxes (CBDT) had set up 'local committees' comprising senior officers in each region to dispose such grievance and complaint petitions within a short period of time.
Aug 21, 2017, 15:44 PM IST
Hike in upfront payment in tax disputes harsh: Experts
Naveen Wadhwa, DGM, Taxmann.Com opined that the hike in deposits is aimed at reducing the frivolous appeals by taxpayers.
Aug 20, 2017, 13:43 PM IST
No inconsistency in number of tax payers: CBDT
The statement by the tax department follows some doubting the numbers over different figures quoted at different points of time.
Aug 18, 2017, 19:36 PM IST
Revenue dept's probes source of data on black money: FM Jaitley
Finance Minister Arun Jaitley on Wednesday said ongoing probes of and notices to depositors of unexplained money post note ban were among the sources to collate information about black money that figured in Prime Minister Narendra Modi's Independence Day speech.
Aug 16, 2017, 20:00 PM IST
Deadline to file ITR 2017 ends today – All you should know
Key things you should keep in mind for filing your ITR.
Aug 05, 2017, 10:57 AM IST
PAN card to be cancelled if not linked with Aadhaar till August 31
The interlinking of Aadhaar and PAN linking can be done till August 31. The government on Monday announced the extension in deadline.
Jul 31, 2017, 16:21 PM IST
Deadline to file income tax returns ends today- Here's all you need to know
Key things you should keep in mind for filing your ITR.
Jul 31, 2017, 09:16 AM IST
CBDT dismisses reports of extension in deadline to file Income Tax Return
Amid reports of an extension of the last date to file for Income Tax returns, the Central Board of Direct Taxes (CBDT) on Saturday while denying the same said no such proposal was made.
Jul 29, 2017, 16:37 PM IST
I-T dept probing 30,000 cases where ITRs revised after demonetisation: CBDT
The Income Tax department is probing over 30,000 cases of alleged tax evasion wherein the returns (ITRs) were revised by assessees post demonetisation, CBDT chief Sushil Chandra said on Monday.
Jul 24, 2017, 22:23 PM IST
Don't curry political favours for transfers: CBDT to taxmen
The CBDT recently had issued transfer and posting orders for over 300 Indian Revenue Service (IRS) officers in the rank of Principal Commissioner and Commissioner of the I-T department.
Jul 23, 2017, 12:40 PM IST
Demonetisation: I-T dept identifies another 5.56 lakh individuals under Operation Clean Money
The information in respect of the cases and accounts identified has been made available in the e-filing window of the PAN holder in the e-filing portal of the I-T department.
Jul 14, 2017, 17:27 PM IST
Find out potential taxpayers; focus on smaller cities: CBDT to taxmen
Data from the intelligence and criminal investigation wing of the department and from the operation clean money should also be used, he said, to send "request letters" to all potential taxpayers expeditiously and in a time-bound manner.
Jul 13, 2017, 15:35 PM IST
Now track TDS, pay taxes and apply for PAN via 'Aaykar Setu'
The new initiative is a step by the I-T department to directly communicate with the taxpayers on a range of multiple informative and useful tax services aimed at providing tax information at their fingertips.
Jul 10, 2017, 18:17 PM IST
Sebi to accept e-PAN card for Know Your Customer purpose
In a major revamp, Sebi in 2014 had released norms that had clubbed different categories of foreign investors into a new class called FPIs.
Jun 30, 2017, 19:24 PM IST
India asks countries to speed up action on Letters Rogatory
Giving details of the performance assessment of bureaucrats, CVC said over 125 senior public servants were retired prematurely from service.
Jun 28, 2017, 19:28 PM IST
CBDT notifies new scrutiny notices with e-facility for taxpayers
The CBDT has notified revised income tax scrutiny notices that will allow taxpayers to conduct their business with the taxman over the Internet without needing to visit the I-T office, hence reducing physical interface between them.
Jun 24, 2017, 11:47 AM IST
Aadhaar must for ITR filing, new PAN from July 1: CBDT
If the PAN is cancelled, then a person cannot do his normal banking and financial operations and hence this relief is given.
Jun 10, 2017, 17:28 PM IST
After CBI, Kapil Mishra takes war against Arvind Kejriwal to CBDT
Sacked Aam Aadmi Party leader Kapil Mishra also alleged that Arvind Kejriwal has been to the office just two times in the last year.
May 17, 2017, 12:56 PM IST
'IT dept sent 266 requests overseas in Panama papers probe'
The Income Tax department has sent over 260 requests overseas seeking information in connection with its tax evasion probe in the Panama papers leak case.
May 03, 2017, 23:20 PM IST
Bank accounts to be blocked if not self-certified by April 30 – Key things you should know
The CBDT has advised all financial institutions that all efforts should be made by them to obtain self-certification.
Apr 12, 2017, 10:31 AM IST
