Central Board of Direct Taxes
IT dept detects Rs 550-cr hidden income after raids on Hetero pharma group
The raids were carried out by the tax department on October 6 at about 50 locations in half-a-dozen states
I-T Department raids premises of Chinese entities in money laundering case
Chinese individuals and a couple of bank employees were involved in money laundering through a series of shell companies, the statement said
CBDT issues new Income Tax return forms for 2019-20
The department revised the I-T return forms to allow assessees to avail benefits of various timeline extension granted by the government
Tax employee unions irked by PM Modi's switch to faceless assessment: Letter
The scheme is being implemented in a hurry without considering the concerns of the majority of the stakeholders, said the letter.
No tax notices issued to Puja panels: CBDT
Firhad Hakim slammed the Narendra Modi government alleging political vendetta by using the IT department.
Date for filing Income Tax Returns extended to August 31, 2019
The due date for filing of income tax returns for Assessment Year 2019-20 is 31.07.2019 for certain categories of taxpayers.
Senior citizens with taxable income up to Rs 5 lakh can seek TDS exemption on bank interest
Earlier, the limit for seeking Tax Deducted at Source (TDS) exemption was Rs 2.5 lakh.
I-T officers’ appraisal policy junked
The HC, however, held in its judgement that such a policy was “wholly impermissible and invalid”.
EC calls CBDT chairman, revenue secretary to discuss current I-T raids
EC has called the revenue secretary and chairman, Central Board of Direct Taxes on Tuesday to discuss ongoing income tax raids.
I-T raids expose Rs 281 crore racket of slush funds in Madhya Pradesh
It said sleuths have recovered Rs 14.6 cr of 'unaccounted' cash and seized computer files of suspect payments made between MP and Delhi.