Tax demand notice withdrawal in interim Budget 2024: The finance minister Nirmala Sitharaman has announced the withdrawal of tax demand not...

The government had introduced a new section (194R) to the Income-tax Act, under which a 10% TDS was to be levied from July 1 on transaction...

According on CAAS’s Twitter account the association has also requested the setting up of Grievance Redressal Committee and honouring Citize...

Further, where arrears relate to disputed interest or penalty only, then 25% of the amount is to be paid by March 31, 2021 and 30% after Ap...

The Central Board of Direct Taxes (CBDT) chief also set a monthly target of disposing of pending appeals by sending communication through t...

In the FAQ issued on March 4, the CBDT said that where notice for initiation of prosecution has been issued with reference to tax arrears, ...

Parliament on Friday approved a bill that will provide an opportunity to taxpayers to settle their tax disputes by paying just due taxes wi...

CBDT issued a set of 55 questions and answers on Thursday to clarify various aspects of the tax amnesty scheme, which allows taxpayers to s...

The officials said a video conference-based interaction will be undertaken by the CBDT member in-charge with all regional chiefs of the dep...

The scheme, proposed by Finance Minister aims to settle and see a finalisation of 4.83 lakh direct tax cases pending at various appellate f...

In cases where tax liability arose because of retrospective amendment to the law or a court ruling, the interest payable on the demand will...

The offer to settle the disputes was to end on December 31, but it has now been extended till January 31, said the Central Board of Direct ...

It allows for settlement of cases pending in various courts, tribunals, arbitration or mediation under the Bilateral Investment Protection ...

The CBDT chief said "as long as" the retrospective amendment of the IT Act passed by Parliament remains valid, the "demand (of tax against ...

If government waives off both interest and penalty, the latter for not deducting tax, Vodafone's tax liability will fall to a little less t...

CBDT has recommended waiver of penalties in cases where tax laws are applied retrospectively, two government officials familiar with the de...

CBDT is likely to moot a proposal to exempt companies caught in the retrospective tax net from paying interest & penalties.