Wednesday, Apr 17, 2024 | Last Update : 11:23 PM IST

CBDT Page-3

Par panel seeks action against IT officers

The Public Accounts Committee,while assessing the pharmaceutical sector found lapses in 36 cases in seven states.

17 Feb 2019 12:10 PM

P C Mody takes charge as new CBDT chief

Mody belongs to the Indian Revenue Service (batch 1981) and takes over from Chandra, who has been appointed as an Election Commissioner.

16 Feb 2019 3:25 PM

Linking Aadhaar-PAN is mandatory for tax filers; to be completed by Mar 31: CBDT

The Supreme Court on February 6 had confirmed that linkage of PAN with Aadhaar is mandatory for filing of ITRs.

15 Feb 2019 4:25 PM

CBDT clarifies stance on recovery of Rs 36 lakhs from start-up

The assessing officer made the addition after issuing proper show-cause notice and obtaining reply in the matter.

09 Feb 2019 11:35 AM

Only 1.5 lakh persons declared income above Rs 1 crore

Above 1.5 lakh persons have declared their annual income over Rs 1 crore till now during in the assessment year 2018-19: Sushil Chandra.

08 Feb 2019 12:52 PM


Just 23 crore PAN cards linked with Aadhaar ahead of Mar 31 deadline

Income Tax department has so far issued 42 crore PAN, of which 23 crore have been linked with Aadhaar.

07 Feb 2019 3:43 PM

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

Startups will have to provide account details and return of income for last three years.

07 Feb 2019 12:57 PM

CBDT pulls out circular to avoid its use in Herald case

Circular spelt big relief in cases where fresh capital has been issued to a company.

07 Jan 2019 10:37 AM

I-T dept withdraws circular on transfer of shares for 'no or inadequate consideration'

The Congress party had welcomed the December 31 circular of the CBDT.

05 Jan 2019 5:29 PM

Panel to redraft direct tax laws to focus on simplification

The recommendations of the panel is likely to be included in the final budget for 2019-20.

19 Dec 2018 4:32 PM


ITR filing up 50 per cent so far this year: CBDT chairman

Demonetisation has been very good for increasing the tax base of the country.

04 Dec 2018 1:03 PM

Panel to overhaul, simplify Direct Tax laws to submit report by Feb 28

Currently, income up to Rs 2.5 lakh per annum is exempt from tax for individuals.

27 Nov 2018 10:56 AM

PAN: Father’s name not mandatory

Father's name in PAN application forms will not be mandatory in cases where mother of the applicant is a single parent.

21 Nov 2018 10:14 AM

Average income of salaried, non-salaried & corporate taxpayers rises: CBDT

The number of salaried taxpayers has increased from 1.70 crore (assessment year 2014-15) to 2.33 crore (AY 2017-18).

22 Oct 2018 5:03 PM

Hope to cross Rs 11.5 lakh cr direct tax collection target for FY19: CBDT chief

Direct tax collections grew a paltry 4.2 per cent on year to Rs 1.54 lakh crore in April-June.

17 Sep 2018 3:33 PM


Confident of strictly maintaining fiscal deficit at 3.3 per cent: Jaitley

Finance Minister also expressed the government's confidence in maintaining a growth rate higher.

17 Sep 2018 10:58 AM

Govt sets up office of GST Commissioner to deal with tax evasion

Initially, the government was going slow on enforcement action to give time to the industry to adjust to the new tax regime.

12 Sep 2018 4:35 PM

Publicise action against corrupt I-T officials, says Modi

The Prime Minister directed officials to sensitise their counterparts to be more people-friendly and fast-track their cases.

07 Sep 2018 1:35 AM

CBDT extends last date of filing ITR due to severe Kerala floods

Earlier, the CBDT had extended the last date of filing ITR by one month.

28 Aug 2018 7:43 PM

Govt rectifies anomaly, allows law enforcement agencies to hold banned notes

Banned currency notes beyond a certain limit could be held only by the Reserve Bank.

28 Aug 2018 6:48 PM