Income Tax

POST-BUDGET MEMORANDUM – 20181. INTRODUCTION1.0 The Council of the Institute of Chartered Accountants of India considers it a privilege to submit this Post-Budget Memorandum to the Government.1.1 In t...

F.No. A-2201211/2018-Ad.VIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNorth Block, New Delhi, The 24th July, 2018OFFICE ORDER NO. 118 OF 2018The following t...

Due to technical issues, Aadhaar OTP for e-verification is unavailable. This will be enabled shortly. Taxpayer can use the other options to e-Verify the Returns.Please note that e-Verification can be...

Identification of Benami PropertiesProhibition of Benami Property Transactions Act 1988 as amended by the Benami Transaction (Prohibition) Amendment Act, 2016 seeks to prohibit the Benami Transactions...

SUSHIL CHANDRAChairman, CBDT &Special Secretary to the Government of IndiaGOVERNMENT OF INDIAMinistry of Finance/Department of RevenueCentral Board of Direct TaxesNorth Block, New Delhi-110001E-mail :...

The Government of India has taken various steps for curbing the black money stashed abroad, which have led to positive results. These steps include, inter alia, the following:1. India has been a leadi...

was introduced in Lok Sabha to amend the Micro, Small and Medium Enterprises Development Act, 2006 and to provide for change in the criterion of classification of micro, small and medium enterprises f...

Income Tax (8th) Amendment Rules (Notification No. 33)CBDT amends Form 3CD with effect from August 20th, 2018

Ministry of Finance/Department of RevenueCentral Board of Direct TaxesNorth Block, New Delhi-110001E-mail : chairmancbdt@nic.inTele: 23092648 & Telefax : 23092544F. No. 380/02/2018-IT (B)Dated: 18th J...

CBDT has vide Notification No. 33/2018, Dated: July 20, 2018 Amended Income Tax Audit Form No. 3CD with effect from 20th August, 2018 to incorporate further reporting requirement related to GST, Trans...

Central Government hereby notifies that the provisions of Mutual Agreement through exchange of letters dated 16th March, 2018 between the Government of the Republic of India and the Government of the...

Central Gujarat Chamber of Tax Consultants has submitted a letter to Hon’ Finance Minister of India on 19th July 2018 requesting Extension of Due Date in respect of filing ITR by to 2 Months i.e. 30.0...

ICAI has submitted that the provisions for levy of taxes under the reverse charge mechanism applicable to a registered person, effecting an inward supply from an unregistered person, can be implemente...

GOVERNMENT OF INDIAMINISTRY OF FINANCE / DEPARTMENT OF REVENUECENTRAL BOARD OF DIRECT TAXESNORTH BLOCK, NEW DELHI-110001Tele : 011-23093621 Fax : 011-23093340SHABRI BHATTASALI Special Secretary & Memb...

Income-tax (7th Amendment) Rules, 2018- CBDT seeks unique number for identification of non-resident- CBDT amends Forms for advance ruling -Notification No. 31/2018-Income Tax Dated 13th July, 2018MINI...

F. No. 370142/11/2018-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes, New DelhiDated 13th of July, 2018Subject: Framing of Income-tax rules relating to Sig...

CBDT increases appeal filing limit Substantially and new limit for filing appeal with various Appellate Forum is as follows :ITAT Rs. 20,00,000/‑, High Courts Rs. 50,00,000/‑ and Supreme Court Rs. 1,0...

F. No. A-12023(1)/2/2018-Admn.III(LA)GOVERNMENT OF INDIAMINISTRY OF LAW AND JUSTICEDEPARTMENT OF LEGAL AFFAIRS****CIRCULARSubject: Applications for appointment to the posts of Member (Judicial/ Accoun...

MINISTRY OF FINANCE(DEPARTMENT OF REVENUE)NOTIFICATIONNew Delhi, the 5th July, 2018S.O. 3266(E).— Whereas, the Protocol, amending the Convention between the Government of the Republic of India and the...

Order No. 109 of 2018 – Extension of ad-hoc appointments of Income Tax Officers to the grade of ACIT for the vacancy year 2015-16 – regF.No. A-32013/02/2016-Ad.VIGovernment of IndiaMinistry of Finance...