Searched for
CBDT PRESS RELEASE
Is tax clearance mandatory before foreign travel? What the Income-Tax Act, 2025 saysThe introduction of Form 157 and Form 159 under the Income-Tax Rules, 2026 has sparked confusion over whether tax clearance is now mandator...
Tax audit deadline not extended for these taxpayers; Karnataka CA body highlights anomalies in CBDT's due date extension circularThe CBDT extended tax audit and ITR filing deadlines to November 10 and December 10, 2025, respectively. However, taxpayers with internatio...
Will ITR filing due date be extended now for audit cases to November 30, 2025, due to tax audit deadline extension by CBDT?The CBDT has extended the income tax audit report filing due date to October 31, 2025, prompting debate on whether the ITR filing deadline ...
Now a lounge for income taxpayers: These are the tax services you can avail at IITF, 2024 in Pragati Maidan, DelhiIncome tax lounge at Pragati Maidan, New Delhi: Now you can visit the income tax lounge at India International Trade Fair (IITF) near Supre...
CBDT goes for major overhaul of IT system with Taxnet 2.0: How soon users' experience expected to improve in filing ITR?ITR filing: The Central Board of Direct Taxes (CBDT) has awarded Airtel to provide telecommunications service and internet solutions to the...
CBDT brings new update in income tax AIS; now you can check the status of correction request; Here's how it worksAnnual Information Statement (AIS): The Central Board of Direct Taxes (CBDT) has updated the functionality of AIS which can be found on the...
Not linked PAN with Aadhaar? Your NPS account can be considered as non-KYC compliantNPS subscribers should be aware that if your PAN and Aadhaar card are not linked, your NPS account will be regarded KYC non-compliant, and ...
CBDT releases ITR forms for FY 2022-23 (AY 2023-24)There are no major changes in the ITR forms notified by the government. The income tax return forms will differ for taxpayers depending on ...
PAN-Aadhaar linking deadline extended till June 30, 2023: CBDTThe last date of linking PAN with Aadhaar has been extended to June 30, 2023, the Central Board of Direct Taxes (CBDT) said in a notificati...
Received money for covid-19 treatment from employer, relatives? Proofs needed to claim tax exemptionThe Central Board of Direct Taxes (CBDT) issued a notification on August 5, 2022, asking the employees to submit certain documents to the e...
Sebi asks investors to link PAN with Aadhaar by Sept end for smooth transactionsFailing to comply with this, a person's Permanent Account Number (PAN) card will become inoperative, which means incomplete Know Your Custo...
Income Tax dept refunds Rs 5,204 crore to over 8 lakh MSMEs in last 10 days: CBDTThe tax department said it has till date issued nearly 14 lakh refunds up to Rs 5 lakh each in order to help taxpayers in Covid-19 pandemic...
Budget move on NRIs may prompt use of tie-breakerMany face questions regarding assets in India unless the govt changes legislation, say experts.
From Oct 1, all income tax notices to be resolved in 3 months from reply date: FMThe Finance Minister today in a press conference announced that tax notices to be disposed off within three months from date of reply.
All tax letters, notices to carry identification numbers to be verifiable online from Oct 1, 2019CBDT said that there have been some instances where it was not possible to maintain the audit trail of the communication issued manually.
Deadline to link PAN with Aadhaar expires today: Confusion over what will happen from tomorrowChartered accountants opine that there would be grave consequences for those whose PAN-Aadhaar are not linked by today's deadline.
Income tax return forms for FY 2017-18 releasedCBDT has been quick of the mark in releasing these forms right at the start of the assessment year to enable people to start filing their r...
Linking Aadhaar and PAN is not mandatory for all. Read who all are exemptLinking PAN with Aadhaar has now become compulsory. But the govt has exempted a few class of individuals from it, subject to certain condit...
No collateral purpose in income tax searches in Tamil Nadu: CBDTCBDT virtually dismissed P Chidambaram's charges of vendetta in the income tax searches in some premises connected with his son Karti's ass...
- Target for direct, indirect tax collections to be raised: FM
Union Finance Minister Pranab Mukherjee today said the targets for direct and indirect tax collections will be raised for this financial ye...