How can I transfer or gift 800 grams of gold to my daughters?ET Wealth Reader's Query: I am a 50-year-old widower. My wife passed away a few years ago. I currently have around 800 grams of gold that b...
02 Jun, 2026, 12.23 PM IST
New form for correction in PAN related details: CBDT notifies new online and offline forms for modification in PAN card details; check the guideline and how it worksThe Central Board of Direct Taxes has introduced new forms for correcting PAN card details. These forms, PAN CR-01 for individuals and PAN ...
02 Apr, 2026, 02.50 PM IST
Gold holding above 100g: Can it be seized by income tax department if you don’t have right papers? Check varying limits for men and womenIndia has no legal limit on gold ownership, provided its source is declared income. While CBDT offers seizure guidelines for specific gold ...
20 Mar, 2026, 03.33 PM IST
Budget 2026 makes TDS/TCS deduction rules mandatory, know how it will help in reducing disputesBudget 2026 has made CBDT guidelines mandatory for all property TDS and transaction participants. This move aims to prevent disputes and li...
03 Feb, 2026, 01.41 PM IST
CBDT relaxes time limit for processing income tax returns filed electronicallyThe Central Board of Direct Taxes provides relief to taxpayers. It extends the deadline for processing certain electronically filed income ...
28 Jul, 2025, 11.15 PM IST
Ask justified, specific questions from taxpayers during scrutiny: CBDT to I-T officialsThe CBDT has instructed Income Tax Department officials nationwide to apply "due application of mind" when issuing scrutiny notices to taxp...
26 Jun, 2025, 07.26 PM IST
Income tax department issues revised guidelines for compounding of offencesOn Thursday, the income tax department announced revised guidelines for compounding offences under the I-T law, simplifying the process and...
17 Oct, 2024, 10.45 PM IST
Now, life insurance maturity money will not be fully tax-exempt: CBDT issues new tax rulesThe Central Board of Direct Taxes (CBDT) has issued guidelines on how tax exempt portion from life insurance policies will be calculated (b...
16 Oct, 2023, 11.20 AM IST
I-T dept committees on high-pitched assessments to submit report in about 2 months: CBDTThe local committees have been created in each region of the income tax department, that are headed by a principal chief commissioner rank ...
13 Nov, 2022, 03.23 PM IST
CBDT issues new guidelines for compoundingThe latest guidelines from the Central Board of Direct Taxes, which come into effect from June 17, clearly state offences in this category ...
14 Jun, 2019, 10.09 PM IST
Tax association drags government to court over incentivising I-T commissionersThe petitioner claimed that CBDT guidelines amount to interference in impartial dispensation of justice and could potentially lead to confl...
16 Nov, 2018, 08.23 PM IST
CBDT warns taxman against roving, fishing scrutiny inquiriesThe policy-making body of the department has asked assessing officers to not "travel beyond the issue" and not to randomly or unauthorisedl...
01 Dec, 2017, 12.55 PM IST
CBDT lists norms for faster refund in pending tax demand casesThe CBDT has issued guidelines for expeditious tax refund of up to Rs 5,000 in cases where the department wants to adjust the refund with a...
02 Feb, 2016, 12.02 PM IST
Undisclosed foreign bank accounts: CBDT issues guidelines for compounding of offencesThe CBDT clarified that the matter was examined in consultation with the Special Investigation Team (SIT) on black money.
08 Sep, 2015, 06.44 AM IST
CBDT sets up committee to simplify tax proceduresCBDT has constituted a committee to redraft existing guidelines for undertaking write-off procedures in irrecoverable tax demand cases.
12 Feb, 2015, 08.41 PM IST
Govt warns tax deductors who fail to deposit TDS by due dateIn a stern warning, the Revenue department today said tax deductors who default in depositing TDS by due date will be liable for prosecutio...
06 Aug, 2013, 07.44 PM IST
- Govt to notify guidelines on ESOPs within a week
The guidelines will give respite to companies to find out the manner for calculating liability under FBT. TideTwenty20
25 Sep, 2007, 08.17 PM IST