The CBDT has instructed Income Tax Department officials nationwide to apply "due application of mind" when issuing scrutiny notices to taxp...

The Central Board of Direct Taxes (CBDT) has issued guidelines of the income tax officials regarding parameters to be followed to pick up t...

The local committees have been created in each region of the income tax department, that are headed by a principal chief commissioner rank ...

Under complete scrutiny, a detailed scrutiny of the return of income is carried out by tax officers to confirm the genuineness of various c...

The selection process has to be completed by the month end, field offices have been instructed in letter issued on Thursday. The Board has ...

All 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...

The government's recent decision to give relief to start-ups on assessment of angel tax notices would provide a safeguard to them and promo...

The policy-making body of the department has asked assessing officers to not "travel beyond the issue" and not to randomly or unauthorisedl...

CBDT had earlier said that those drastically altering the forms to revise income will face scrutiny and penal action including prosecution.

It also said a similar guidance note will be issued to deal with transfer pricing cases pertaining to domestic transaction within the group.

The Income Tax Department has rationalised the norms for manual selection for scrutiny of tax returns to bring it in line with global best ...

Central Board of Direct Taxes (CBDT) chairman R K Tewari said on Monday that the I-T department has started scrutiny of I-T returns of succ...

THE government will soon allow Indian units of foreign companies to file tax returns without the scrutiny of tax authorities, a move that w...

The Government is not bound under the Right to Information law to divulge details about its Income Tax scrutiny policy, used to identify ta...

Stock & commodity brokerages with earnings of Rs 1 cr a year will be compulsorily scrutinised by the I-T Dept, thanks to a new directive is...

Nearly six lakh tax payers, whose returns are selected for scrutiny this fiscal, will face the heat from tax authorities if they trade in s...

The Finance Ministry has issued administrative guidelines on transfer price assessment, to kickstart scrutiny of returns filed for assessme...