Aadhaar must for ITR filing, new PAN from July 1: CBDT
If the PAN is cancelled, then a person cannot do his normal banking and financial operations and hence this relief is given.
Jun 10, 2017, 17:28 PM IST
After CBI, Kapil Mishra takes war against Arvind Kejriwal to CBDT
Sacked Aam Aadmi Party leader Kapil Mishra also alleged that Arvind Kejriwal has been to the office just two times in the last year.
May 17, 2017, 12:56 PM IST
'IT dept sent 266 requests overseas in Panama papers probe'
The Income Tax department has sent over 260 requests overseas seeking information in connection with its tax evasion probe in the Panama papers leak case.
May 03, 2017, 23:20 PM IST
Bank accounts to be blocked if not self-certified by April 30 – Key things you should know
The CBDT has advised all financial institutions that all efforts should be made by them to obtain self-certification.
Apr 12, 2017, 10:31 AM IST
CBDT introduces e-PAN, issues PAN within a day!
The Income Tax department on Tuesday said it has issued Permanent Account Number (PAN) within a day to 19,704 newly incorporated companies till March 31, 2017.
Apr 11, 2017, 15:07 PM IST
Ban on cash dealings not applicable for bank, post office withdrawals
Ban on cash transaction in excess of Rs 2 lakh will not be applicable to withdrawals from banks and post office savings accounts, the income tax department said on Wednesday.
Apr 05, 2017, 20:57 PM IST
E-filing for two ITRs launched by I-T dept
The Income Tax department today launched the e-filing facility for select Income Tax Returns (ITRs) for the assessment year 2017-18.
Apr 01, 2017, 13:42 PM IST
Disclose deposits of Rs 2 lakh or more post note ban in new ITR forms
Taxpayers who deposited Rs 2 lakh or more post demonetisation, will have to make this disclosure in the new Income Tax Returns (ITRs) forms notified on Friday.
Mar 31, 2017, 16:32 PM IST
CBDT to hold review meeting on PMGKY, tax collection on Mar 17
The CBDT will hold a high-level meeting later this week to review the progress in collections under the black money window of Pradhan Mantri Garib Kalyan Yojna (PMGKY), that will close on March 31.
Mar 15, 2017, 20:42 PM IST
206 delisted political parties not traceable: Government
The government today said out of 255 deregistered political parties, as many as 206 are either non-existent or non-traceable.
Mar 15, 2017, 20:12 PM IST
Fast track prosecution cases against shell companies: CBDT to taxmen
As the noose tightens around shell companies evading taxes, the CBDT Chairman has asked field officers to file prosecution cases against those entities which claimed bogus long-term capital gains.
Mar 12, 2017, 11:36 AM IST
Monitor tax collection to meet target by Mar 31: CBDT to taxman
The CBDT has directed the Income Tax department to "scrupulously" monitor tax collection, which it said is slightly less than the target even as the current financial year is nearing an end.
Mar 07, 2017, 17:11 PM IST
Shell companies under our radar: CBDT chief
The Central Board of Direct Taxes (CBDT) is examining several dubious companies and they would be removed from the website of Ministry of Corporate Affairs (MCA) if found to be shell firms.
Mar 04, 2017, 12:48 PM IST
Taxman to scrutinise loan deposits under op 'clean money'
The Income Tax department may initiate penal action and impose an equivalent penalty in select cases of loan amount deposits of Rs 20,000 or more as part of the 'Operation Clean Money' to check stash post demonetisation.
Feb 22, 2017, 20:10 PM IST
TDS default: I-T dept issues over 850 prosecution notices
The Income Tax department has issued over 850 prosecution notices to firms in the private and government domain in Karnataka and Goa on charges of delay in remitting TDS funds to the exchequer.
Feb 22, 2017, 15:36 PM IST
Demonetisation: I-T dept to strictly take on depositors of unverified cash over Rs 5 lakh
Depositors of cash worth Rs 5 lakh or above, during the demonetisation period, who failed to verify the same will be taken on strictly by the Central Board of Direct Taxes (CBDT)
Feb 22, 2017, 10:15 AM IST
No amnesty for bank deposits linked to money laundering: CBDT
Any bank account suspected to have been "misused" for money laundering or shell company operations won't be exempted from probe under 'Operation Clean Money' despite having low deposits.
Feb 21, 2017, 20:53 PM IST
Operation Clean Money: No threat or show cause to taxpayers, CBDT tells taxman
The CBDT on Tuesday asked the taxman to ensure there is no "threat, warning or show cause" notice to taxpayers contacted by it under 'Operation Clean Money' that is aimed at checking black money post-note ban.
Feb 21, 2017, 19:43 PM IST
Know how you can get PAN within minutes, pay taxes via mobile app
People will soon be able to pay taxes and track their returns through a smartphone app and get a new PAN within minutes using Aadhaar verification.
Feb 15, 2017, 16:59 PM IST
Online I-T grievance redressal facility launched at 60 offices
After launching the ambitious e-nivaran facility for online redressal of taxpayers' grievances, the Income Tax Department has now opened these windows at its 60 special offices across the country.
Feb 15, 2017, 15:25 PM IST
