CBDT

In a view of the day-long strike at public sector banks, the deadline for the income-tax returns for 2015-16 (assessment year 2016-17) has been extended to August 5. The Central Board of Direct Taxes (CBDT), Government of India have…

Grievance redressal is a major aspect of citizen centric governance and is an important feature of the activities of the Income Tax Department. The Income-tax Department is addressing grievances through a multi-layered grievance redressal…

New Delhi, Aug 2: The Central Board of Direct Taxes (CBDT) has notified tax returns forms for non-salaried class, including companies, partners in firms and individuals deriving their income from proprietary business or profession for…

New Delhi, July 31: The government has notified the form for declaring income and assets abroad as well rules for their calculation under the Undisclosed Foreign Income and Assets Bill and these can also be filed online, parliament was told…

New Delhi, May 20 (IANS): The currently levied education cess and secondary and higher education cess would become ineffective from June 1 as they would be subsumed in the service tax rate of 14 percent notified by the Central Board of…

Making a strategy of 'naming and shaming' of some top tax defaulters, the Income Tax department on Tuesday published names of 18 entities, among them 11 are based in Gujarat. The government has for the first time put the issue in public…

Eighteen tax defaulters -- 11 of them Gujarat-based -- collectively owe over Rs.500 crore to the exchequer, tax officials announced on Thursday. "Defaulters are advised to pay tax arrears immediately," said a Central Board of Direct…