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The scheme seeks to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and setting the prices of international transactions in advance.

How different I-T returns filing would be this year

Authorities have introduced ITR-1 or Sahaj form for individual tax payers who earn not more than Rs 50 lakh.

18 July 2017 12:57 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Govt extends deadline for filing ITR, linking Aadhaar to PAN

While ITRs can now be filed by August 5, the Aadhaar-PAN linking can be done till August 31.

31 July 2017 6:31 PM IST

Govt extends I-T returns deadline; makes Aug 5 as new last date

Earlier, tax authorities had indicated that they will not extend deadline beyond July 31.

31 July 2017 12:37 PM IST

Most of the seven centres visited were found to be closed. (Photo: Shripad Naik)

Shut Aadhaar centres lead to taxing' times

Tax payers in a fix over filing I-T returns by July 31.

28 July 2017 1:16 AM IST

The CBDT said it has noticed that taxpayers and professionals have not been able to keep up with the pace of change and hence wide gap has emerged between the initiatives undertaken by the department and the acceptance by the stakeholders.

Penal action if ITR 'drastically' changed: CBDT

Post demonetisation, some taxpayers may misuse provision in law to revise return filed by them.

14 Dec 2016 12:48 PM IST