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Articles

Income Tax

5,432 articles

  1. 19 Dec 2018
    32 Additional FAQs on Income Tax Assessment Module of ITBA

    In addition to general FAQs about the processes and steps to be followed in ITBA (Avaialble in ITBA Portal) FAQs on 'How to make additions in ITBA', 'FAQ on ITR-7' and `FAQs on the basis of Helpdesk t...

  2. 19 Dec 2018
    Functionality of Withholding of Income Tax Refund u/s 241A- Reg.

    ITBA-ITR Processing Instruction No. 5DIRECTORATE OF INCOME TAX (SYSTEM)ARA Center, Ground Floor, E-2, Jhandewalan Extension,New Delhi – 110055F.No. System/ITBA/Instruction/ITR Processing/112/16-17/ Da...

  3. 19 Dec 2018
    CBDT notifies Special Courts under Black Money Act for West Bengal & Andaman and Nicobar Islands

    MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)(INVESTIGATION DIVISION-V)Notification No. 87/2018New Delhi, the 11thDecember, 2018S.O. 6141(E).—In exercise of the powers conf...

  4. 16 Dec 2018
    Bogus donation racket under section 35(1)(ii)- CBDT Advisory

    F.No. 225/351/2018-ITA (II)Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes****Room N0. 245A, North BlockNew Delhi, the 14th December, 2018ToAll Principal Ch...

  5. 12 Dec 2018
    CBT issues directions on filing of Appeal on merit on 7 Issues

    F. No . 279/Misc/M-93/2018-ITJGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board Direct TaxesJudicial SectionNew Delhi, 11th December 2018ToAll Pr. Chief Commissioners of Income...

  6. 12 Dec 2018
    Direct Tax Collections for F.Y. 2018-19 up to November, 2018

    Gross collections at Rs. 6.75 lakh crore which is 15.7% higher than the gross collections for the corresponding period of last yearThe Provisional Figures of Direct Tax Collections up to November, 201...

  7. 12 Dec 2018
    National Pension System (NPS)- Govt approves Tax Relief Proposals

    Ministry of FinanceStreamlining of National Pension System (NPS)Posted On: 10 DEC 2018DecisionThe Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlinin...

  8. 10 Dec 2018
    PCIT/CIT to ensure removal of defects of pending appeals before HCs

    F. No. 272/ M-25/2015-(M)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board Direct TaxesAudit & Judicial DivisionNew Delhi, 7th December, 2018All Principal Chief Commissioners of...

  9. 08 Dec 2018
    No TDS on Interest to Senior Citizen if not exceeds Rs. Fifty Thousand

    CBDT hereby clarifies that no tax deduction at source under section 194A shall be made in the case of Senior Citizens where the amount of such income or, the aggregate of the amounts of such income cr...

  10. 08 Dec 2018
    Capital Asset holding period on conversion : Rule 8AA & Sec. 115JG(1)

    In the case of a capital asset which became the property of the Indian subsidiary company in consequence to conversion of a branch of a foreign company referred to in subsection (1) of the section 115...

  11. 08 Dec 2018
    CBDT notifies revised provisions U/s. 115G for Unabsorbed depreciation, set off / carry forward of losses, tax credit

    CBDT notifies revised provisions related to Unabsorbed depreciation, set off or carry forward and set off of losses, tax credit in respect of tax paid on deemed income relating to certain companies an...

  12. 07 Dec 2018
    ITR Processing or Assessment in Fraudulent PAN/TAN cases: SOP

    ITBA-Assessment Instruction No 10DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi –110055F.No. System/ITBA/Instruction/ITR Processing/177/16-17/Dated:...

  13. 05 Dec 2018
    Transfer/postings of 5 Officers in the grade of ACIT/DCIT

    F.No. A-22013/2/2018-Ad-VIGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)North Block, New Delhi -110 001Dated: 03.12.2018Office Order No. 210 of 2018The foll...

  14. 05 Dec 2018
    CBI Files a Chargesheet against an ITO & 2 others in Bribery Case

    A case was registered on 08.01.2018 against the private person (retired Income Tax Inspector) on a complaint alleging that the accused had demanded a bribe of Rs. 70,000/- on behalf of Income Tax Offi...

  15. 04 Dec 2018
    Procedure for referring complaints to MahaRERA Conciliation and Dispute Resolution Forum by MahaRERA or Adjudicating Officer of MahaRERA.

    When a complaint is being heard by MahaRERA or an Adjudicating Officer of MahaRERA and the said authority is satisfied that there is a possibility of settlement by way of conciliation, then with the c...

  16. 04 Dec 2018
    CBDT directives on scope of inquiry in cases selected for Limited Scrutiny

    i. The Assessing Officer shall duly record the reasons for expanding the scope of 'Limited Scrutiny' to the extent mentioned in para 2 and 3, above; ii. The same shall be placed before the Pr. CIT/CIT...

  17. 04 Dec 2018
    CBDT Order appointing 55 IRS Officers As JCIT

    F. No. A-32012/2/2015-Ad-VIGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)North Block, New Delhi.New Delhi, the 28th November, 2018.OFFICE ORDER NO. 197 OF 2...

  18. 04 Dec 2018
    Dr. Ajay Bhushan Pandey takes over as Revenue Secretary

    Ministry of FinancePosted On: 30 NOV 2018Dr. Ajay Bhushan Pandey (IAS: MH 1984) took over as the Union Revenue Secretary upon superannuation of Dr Hasmukh Adhia here today. Outgoing Finance Secretary...

  19. 30 Nov 2018
    CBDT approves M/s. Thalassemia and Sickle Cell Society U/s. 35(1)(ii)

    MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 84/2018New Delhi, the 26th November, 2018S.O. 5852(E).—It is hereby notified for general information that the...

  20. 30 Nov 2018
    CBDT approves M/s Centre for Brain Research, Bangalore U/s. 35(1) (ii)

    MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 83/2018New Delhi, the 26th November, 2018S.O. 5851(E).—It is hereby notified for general information that the...


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