Income Tax Department website revamp: Site offers links for new ITR forms, e-pay tax, e-verification, e-PAN, payment status and many other tasksThe Income Tax Department has launched a revamped e-filing portal to support the transition to the new Income Tax Act, 2025. Taxpayers can ...
01 Apr, 2026, 11.45 AM IST
Tiger Global case: SC has unleashed the 'Tiger', now CBDT must show how to tame itTiger Global Supreme Court ruling: India's Supreme Court ruling in 'Tiger Global' has clarified treaty abuse principles. However, investors...
20 Jan, 2026, 10.58 PM IST
New I-T rules to be notified by December-end, simplified forms for assessees in works: OfficialThe Income Tax department is actively developing simplified I-T forms and aims to finalize new rules by December 2025 to align with the Inc...
25 Aug, 2025, 08.00 PM IST
CBDT: No Lens on investments under old tax treatiesThe CBDT has clarified that the Principal Purpose Test (PPT) will apply prospectively, ensuring that past investments under tax treaties wi...
23 Jan, 2025, 12.19 AM IST
CBDT launches compliance-cum-awareness campaign for AY 2024-25 to assist taxpayers in reporting foreign assets and incomeIndia's Central Board of Direct Taxes (CBDT) has launched a campaign to help taxpayers accurately report foreign income and assets in their...
16 Nov, 2024, 11.13 PM IST
Adopt guidance over intimidation while dealing with taxpayers: CBDT chief to officialsCBDT chairman Ravi Agrawal advised income-tax officials to adopt a 'PRUDENT' approach, focusing on professionalism, responsibility, underst...
11 Aug, 2024, 06.26 PM IST
All communication with taxpayers to be from NeAC under faceless assessmentAll the functions would be through electronic means for which the NeAC will be the gateway and will function as such for all the flow of in...
16 Aug, 2020, 07.12 PM IST
CBDT issues guidance note on MAP, stipulates cases where ITAT has passed orderMAP is an alternative dispute resolution process under the tax treaties, under which competent authorities of two countries enter into disc...
09 Aug, 2020, 06.04 PM IST
CBDT again defers GST, GAAR reporting in I-T audit report till Mar 2021The reporting requirement of these details in income tax audit form has been kept in abeyance till March 31, 2021 -- meaning that all incom...
27 Apr, 2020, 09.30 PM IST
Tax department launches web portal for exchange of informationInformation is reported annually by financial institutions which are then exchanged by India under the standard. The web portal will be a r...
22 Nov, 2019, 10.04 PM IST
Tax lens on 87,000 for failing to comply with demonetisation noticesAround 87,000 individuals, who failed to comply with I-T notices, are now faced with a daunting prospect.
07 Mar, 2019, 12.23 PM IST
Non-disclosure of foreign assets to become risky affair: Jayant SinhaHe said the CBDT has constituted a 'Information Security Committee' to ensure confidentiality of data received from foreign countries.
03 Dec, 2015, 01.39 PM IST
Eyeing consistency, CBDT streamlines transfer pricing normsIt also said a similar guidance note will be issued to deal with transfer pricing cases pertaining to domestic transaction within the group.
18 Oct, 2015, 11.49 AM IST
CBDT issue guidance notes on FATCA implementationCentral Board of Direct Taxes issued guidance notes on implementation of reporting requirements for the US law FATCA.
31 Aug, 2015, 11.06 PM IST
CBDT seeks advice to track suspicious deals and book tax evadersIn the last few years, the number of STRs has grown tremendously and the department has not been able to investigate all STRs promptly.
19 Sep, 2014, 04.00 AM IST
Budget 2014: CBDT committee to be set up to decide on fresh tax disputes on transfer pricingTax experts also said that the crucial aspect here will be the ‘parameters/principles’ that will be applied by the CBDT in guiding the tax ...
10 Jul, 2014, 02.54 PM IST
- ‘I-T dept can’t tax research work’
The Bombay High Court, in a recent order, came down heavily on the Income-Tax Department, which unilaterally injected an application for ex...
25 Jul, 2009, 01.02 AM IST