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Taxman to track slipping sectors & top tax payersThe communication, dated June 16, a copy of which was seen by ET, also mandated each zone to submit a report to the Directorate of Tax Rese...- Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
- Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
- Govt flags ‘high-risk’ crypto system in note to Parliamentary panelIndia's virtual digital asset sector is now high risk. Intelligence reports reveal extensive illegal activities including drug trafficking ...
- India assured DTAA tax benefits will continue after Supreme Court ruling, Mauritius Cabinet Note saysIndia has assured Mauritius that it will uphold benefits under the Double Taxation Avoidance Agreement. This comes after a Supreme Court ru...
- 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...
- Govt appoints four new CBDT membersThe Union government has appointed four new members to the Central Board of Direct Taxes (CBDT). The Appointments Committee of the Cabinet ...
- Ravi Agarwal appointed CBDT chairman effective July 1Ravi Agarwal has been serving as a member, CBDT (Administration) since, July 2023. According to the order issued by the Appointments Commit...
- India's direct tax mop-up to exceed budget target by 25-30 pc: CBDT headA 25-30 per cent growth in tax collection would take the net direct tax mop-up for current fiscal at Rs 17.75-Rs 18.46 lakh crore. The gros...
- IRS officer Nitin Gupta appointed new CBDT chairmanThe "Appointments Committee of the Cabinet has approved the appointment of Shri Nitin Gupta, IRS (IT:86), Member Central Board of Direct Ta...
- India to get Swiss banking details of Indians from this monthBanking details of Indians with accounts in Switzerland will be available to tax authorities from today.
- Govt extends CBDT Chairman Mody's tenureThe Appointments Committee of the Cabinet headed by PM Modi has approved the re-appointment.
- CBDT chairman Sushil Chandra gets one-year extensionSushil Chandra, an IIT graduate, is a 1980 batch officer of the Indian Revenue Service (Income Tax cadre).
- Collection not satisfactory, pull your socks up: CBDT to taxmenThe CBDT chief observed that a review of direct tax collections till June showed that the growth in revenue collection, on several paramete...
- CBDT chief Sushil Chandra gets one-year extensionSenior bureaucrat Sushil Chandra was today given one-year extension till May 2018 as chairman of the Central Board of Direct Taxes (CBDT).
- Sushil Chandra to be the next CBDT chiefChandra, a 1980 batch officer of Indian Revenue Service (Income Tax cadre), is currently Member (Investigation) of the CBDT.
- Don't coerce assessee to falsely admit income: CBDT to I-T departmentThe CBDT said any admission of unaccounted money should be done only when there is strong and credible evidence and not under pressure.
- Sudha Sharma likely to be new CBDT headSudha Sharma, a 1976 batch Indian Revenue Service (IRS) officer, is likely to be the new head of Central Board of Direct Taxes (CBDT).
- IT dept conducting thorough enquiry into Satyam: CBDT headIncome-Tax Department conducting thorough enquiry into the Satyam scam, said NB Singh, chairman, Central Board of Direct Taxes.
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