Central Board Of Direct Taxes

Thursday, Apr 25, 2024 | Last Update : 10:03 PM IST

Central Board of Direct Taxes Page-2

The latest order said the deadline for the PAN-Aadhaar linking for filing I-T returns was being extended after 'consideration of the matter'. (Photo: AFP | Representational)

Deadline for linking PAN to Aadhaar extended till March 2019, says govt

This is the fifth time the government has extended the deadline for individuals to link their PAN to their biometric ID (Aadhaar).

01 Jul 2018 8:09 AM

The tax department also assured full confidentiality of the informer for all the reward schemes saying that the identity of the persons giving information will not be disclosed.

Tip-off on stash to get you Rs 5crore

The Centre Board for Direct Taxes (CBDT) on Friday announced the Benami Transactions Informants Reward Scheme, 2018.

02 Jun 2018 12:39 AM

'The total cash seized in these searches is Rs 14.48 crore and the seized currency is largely in the higher denominations of Rs 2,000 and Rs 500,' a senior official said. (Photo: Representational)

As ATMs run dry, I-T dept seizes Rs 14.48 Cr from hoarders across India

Officials said the department raided a number of entities that were found to be hoarding cash in various states.

26 Apr 2018 9:00 PM

The Income Tax (IT) department on Wednesday announced that a dress code is being imposed upon its employees through the rollout of 'Operation Dress Code.'

IT Department employees to soon follow dress code

A dress code is being imposed upon its employees through the rollout of 'Operation Dress Code.'

18 Apr 2018 2:23 PM

The most basic, ITR-1, to be filled by the salaried class of taxpayers, was used by 3 crore taxpayers.

ITR-1 ready for e-filing: Taxmen

All the seven ITR forms are to be filed electronically except for some category of taxpayers.

18 Apr 2018 7:16 AM

The government is preparing an action plan to recover revenues from high networth defaulters like Nirav Modi and Vijay Mallya who escaped the law and slipped out of the country.

Govt preparing action plan to recover revenues from likes of Mallya

CBDT has formed a committee to study these cases and prepare an action plan.

06 Apr 2018 12:40 PM

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

Central Board of Direct Taxes amends Section 16 of Income Tax Act

The pension received by a taxpayer from his former employer is taxable under the head 'Salaries'.

05 Apr 2018 2:37 PM

The CBDT chief said a number of steps were taken since the last budget to reduce the cash share in the economy, so that the generation of black money was curbed. (Representational Image)

I-T department has technology to track suspicious transitions, black money: CBDT chief

With the help of technology, the I-T department was tracking the tax evaders and consolidating its measures in this regard.

02 Feb 2018 10:16 AM

Newly-elected Rajya Sabha MP N.D. Gupta with AAP leader Saurabh Bhardwaj during a press conference in New Delhi. (Photo: GN Jha)

Every single donation to party is accounted for, claims AAP

The media reports on AAP’s donations originating from Central Board of Direct Taxes have no basis.

10 Jan 2018 2:57 AM

CBDT Chairman Sushil Chandra and Ambassador of Switzerland to India Dr Andreas Baum signs the mutual agreement at North Block, New Delhi, on Thursday. (Photo: Twitter/Income Tax India)

Black money: India inks deal with Switzerland for tax data sharing from Jan 1

The agreement was signed by CBDT chairman Sushil Chandra and Swiss Ambassador to India Andreas Baum at the North Block in Delhi.

22 Dec 2017 9:53 AM

As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN. (Photo: PTI)

Govt amends I-T rules, makes Aadhaar-PAN linking must from July 1

There are over 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people.

28 Jun 2017 10:59 AM

Aadhaar must for I-T return filing, new PAN from July 1: I-T dept

The Central Board of Direct Taxes (CBDT) issued a three-point "effect of the judgement" of the apex court statement.

10 Jun 2017 6:54 PM

The due date for filing such SFT in Form 61A is May 31.

CBDT issues clarification on furnishing SFT

Entity having TAN can generate an ITDREIN only when such TAN's Organisational PAN is not available.

26 May 2017 12:44 PM

Only 20 per cent of the cases are being probed.

38,000 black money tip-offs since December 2016

The Union government, in December 2016, had created the email ID and asked the common public to inform it about black money hoarders.

17 Apr 2017 2:22 AM

It might seem logical that a single woman should have more gold to fall back on as she has to fend for herself. (Representational image)

Gold jewellery limits: What’s the rationale?

On what basis were the 500 gm and 250 gm limits fixed, and was it a male or female officer who took this call?

04 Dec 2016 12:53 AM

After search by IT department cash found has risen to Rs 5.7 crore and these notes are in the denomination of the newly introduced currency of Rs 2000.

I-T raids lead to biggest cash seizure

The department said it detected unaccounted income worth Rs 152 crore after conducting searches.

02 Dec 2016 2:58 PM

2 of 2

Columns

Dilip Cherian