The department even failed to utilise the special drive launched to resolve taxpayers’ grievances.
10 Jul 2018 12:42 AM
The CBDT chief also directed that a compliance report on these cases be sent to the board every three months.
09 Jul 2018 6:20 AM
More than Rs 70,000 crore of refunds have been issued to the taxpayers as a result of the special drive.
04 Jul 2018 2:08 PM
The comments and suggestions on the draft notification may be sent by 2nd July, 2018 electronically.
14 Jun 2018 9:14 AM
Income Tax Department is now being bombarded with calls, couriers and emails the informants.
09 Jun 2018 10:34 AM
CBDT said that the term for sending suggestion and feedback has been extended by a period of three months.
29 May 2018 8:53 AM
CBTD had notified the new Income Tax Return forms for the assessment year 2018-19 on April 5.
26 May 2018 12:29 PM
CBDT highlighted that the task force will now be required to submit its report by August 22.
23 May 2018 8:43 AM
The city-based Directorate of Taxpayer Services (TPS) issued the directions on April 16.
18 Apr 2018 1:47 PM
The standard deduction was discontinued from the assessment year 2006-07, but was re-introduced in 2018-19 Budget.
06 Apr 2018 5:00 AM
The Delhi Court on Wednesday sought the Centre's and tax authority CBDT's response.
04 Apr 2018 7:13 PM
“There has been a sustained increase in the number of ITRs filed in the last four financial years,” said CBDT.
03 Apr 2018 1:52 AM
Direct tax collections in 2017-18 at Rs 9.95 lakh crore, exceeded the revised budgetary target of Rs 9.8 lakh crore.
02 Apr 2018 5:49 PM
Some of the defaulters on the list have not paid their taxes for the assessment year 1989-90.
29 Mar 2018 4:10 PM
CBDT extended deadline for linking the Permanent Account Number (PAN) with Aadhaar to June 30.
28 Mar 2018 10:40 AM
Non-filing or incorrect filing of return of income may result in penalty and prosecution.
23 Mar 2018 10:57 AM
A machine-readable device kept at the CCC will receive the responses from the taxpayers.
27 Feb 2018 11:04 AM
In 2018-19 Budget, Jaitley proposed to lower corporate tax rate to 25 pc for businesses with turnover of up to Rs 250 cr.
05 Feb 2018 4:09 PM
Long-term capital gains arising from transfer of such long-term capital asset exceeding one lakh rupees will be taxed.
05 Feb 2018 10:50 AM
The government in December cautioned investors to be wary of virtual currencies like bitcoin.
02 Feb 2018 4:07 PM