-
How a person not having PAN can submit Form No. 60 under Rule 114B
DGIT(S)/ADG(S)-2/Form 60 Digitization/151/2018Government of IndiaMinistry of FinanceCentral Board of Direct TaxesDirectorate of Income Tax (Systems)Notification No. 1 of 2018New Delhi, 5th April, 2018...
-
Download Sahaj (ITR 1), 2, 3, Sugam (ITR-4), 5, 6, 7 for A.Y. 2018-19
CBDT has vide notification No.16/2018 dated: 03rd April 2018 released ITR-1 SAHAJ, ITR-2, ITR-3, ITR-4-Sugam, ITR-5, ITR-6, ITR-7 and Acknowledgement- ITR-V for Assessment Year 2018-19 / Financial Yea...
-
Standard deduction available on pension from former employer: CBDT
Ministry of FinanceClarification regarding applicability of standard deduction to pension received from the former employerThe Central Board of Direct Taxes (CBDT) has clarified that the pension recei...
-
Ensure Representation before NCLT benches: CBDT to Pr. CCITs
F.No.278/M-52/2003-ITJ(Pt.)Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Direct Taxes***New Delhi, the 4th April, 2018To,All Pr. Chief Commissioners of Income Tax,Subje...
-
CBDT Releases ITR 1 to ITR 7 for Financial Year 2017-18 / A.Y. 2018-19
CBDT releases Forms Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V as applicable for Financial Year 2017-18 or Assessment Year 2018-19. IT...
-
CBDT forms working group to examine taxation aspects of High Net Worth Individuals
For examining the taxation aspects of High Net Worth Individuals (HNWI), a Working Group has been constituted, with the approval of Chairman, CBDT.F.No.500/158/2017-FT& TR-IIIGovernment of IndiaMinist...
-
CBDT signs 16 APAs in march 2018
Indian Advance Pricing Agreement regime moves forward with the signing of 16 APAs by CBDT in March, 2018The Central Board of Direct Taxes (CBDT) entered into 14 Unilateral Advance Pricing Agreements (...
-
6.84 crore Income Tax Returns (ITRs) filed during FY 2017-18
Provisional Direct Tax Collections and Number of Income Tax Returns filed for F.Y. 2017-2018The provisional figures of Direct Tax collections for FY 2017-18 show that net collections are at Rs.9.95 la...
-
Promotion of 305 ACIT to the grade of DCIT
Notification No. 05 of 2018 – Promotion of Assistant Commissioners of Income Tax to the grade of Deputy Commissioners of Income Tax – reg.Government of IndiaMinistry of FinanceDepartment of Revenue(Ce...
-
Appointment of 149 IRS Officers in the grade of ACIT
Notification No. 04 of 2018 – Confirmation of appointment of IRS Officers (2013 batch) in the grade of Assistant Commissioners of Income Tax – reg.TO BE PUBLISHED IN PART-I, SECTION — 2 OF THE GAZETTE...
-
AO should electronically process return pushed to it by CPC : CBDT
Processing of returns under section 143(1) of Income-tax Act which are pushed to the Assessing Officers by the CPC- regF.No. 225/53/2018/ITA.IIGovernment of IndiaMinistry of FinanceDepartment of Reven...
-
Date for linking of Aadhaar with PAN extended to 30.06.2018
F. No.225/270/2017 ITA.IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNorth-Block, ITA.II DivisionNew Delhi, dated the 27th of March, 2018Order under Section...
-
Pay Your Advance Tax for F.Y. 2017-18 if not already paid by 31st March, 2018
with interest and avoid payment of excess interest on Self Assessment Tax later onTaxpayers liable to pay Advance TaxAny assessee, including salaried employee, whose tax liability for the financial ye...
-
Income Tax Offices / ASK Centres open on 29th 30th & 31st March 2018
Income Tax Offices to Remain Open on 29th, 30th and 31st March, 2018The last date for filing belated returns for Assessment Years 2016-17 and 2017-18 and revised returns for Assessment Year 2016-17 is...
-
Govt clarifies on requirement of furnishing Country-by Country Report
The Government of India issues clarification regarding requirement for furnishing of Country-by Country Report under Section 286(4) of Income Tax Act, 1961.In keeping with India’s commitment to implem...
-
Tax payer is your partner, not your adversary: President to IRS Officers
President Kovind addresses officer-trainees of the 71st batch of the Indian Revenue Service at Rashtrapati Bhavan; says India’s tax to GDP ratio needs to improve, but it has to be done by persuasion,...
-
Notices U/s. 142(1)(ii) & (iii) of Income Tax Act 1961 in revised format
DIRECTORATE OF INCOME TAX (SYSTEM)ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi – 110055F. No. System/ITBA/Assessment/Notice 142(1)/2017-18 Dated: 19-03-2018To,All Principal Chief Co...
-
Cabinet approves revision of DTAA between India and Qatar
Cabinet approves revision of the Agreement between India and Qatar for the avoidance of double taxationand for the prevention of fiscal evasion with respect to taxes on incomeThe Union Cabinet chaired...
-
India & Hong Kong sign Double Taxation Avoidance Agreement
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 19th March, 2018.PRESS RELEASEIndia and Hong Kong sign Double Taxation Avoidance Agreement (DTAA)On 1...
-
Task Force for drafting a New Direct Tax Legislation
Questionnaire for inviting suggestions and feedback on the Income-tax Act, 1961 from the stakeholders and general publicTask Force to draft a New Direct Tax Law(Suggestions and Feedback from Stakehold...