Tag: CBDT
CBDT has issued an Order under IT Sec. 119 for Clarifications/ Instructions on Issuance of Intimation/ Processing of Returns, filed in Form ITR-1, u/s 143(1)(a)(vi) applicable w.e.f. 1 April, …
In view of insertion of Section 286 and amendment of Section 92D of the IT Act for implementation of BEPS project of OECD, the CBDT has drafted a Notification …
In the case of pending 'Scrutiny' or ‘Limited Scrutiny’ cases which are getting time barred due to limitation on 31 Dec. 2017, IT Deptt is giving a choice to assessees …
Based on representations from declarants, the CBDT has issued clarifications on various issues uder PMGKY 2016 relating to use of incorrect challans for payment of tax/ deposits liability, filling of …
The CBDT has Advised Tax Payers to verify Identities of Income Tax Search Officials by seeking/ inspecting the warrant of authorisation and check the identities of authorized Income Tax …
CBDT Prescribes Procedure for submission of Form 67 under IT Rule 116 relating to deduction for Foreign Tax Credit (FTC) while filing Statement/ Return of Income (ITR) by a Resident …
CBDT has issued draft New IT Rule 39A/ Form 28AA meant for Intimation/ Self-reporting of Estimated Income, Advance Tax Liability and Payment thereof by Companies and Tax Audit Cases …
As per News Reports (BS), the Income Tax Deptt is about to commence 'jurisdiction free income tax assessment system/ process' in a phased manner, with launch of it's pilot projects …
Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of …
The CBDT has clarified that tax (TDS) on Interest Accrued on Deposits made under Capital Gains Account Scheme 1988 after the death of the Depositor is required to be …