CBDT - Latest News on CBDT | Read Breaking News on Zee News
'Govt to take call on GAAR implementation soon'

'Govt to take call on GAAR implementation soon'

Last Updated: Saturday, July 12, 2014, 15:33

As per the existing proposal, investments made after March 2013 will be covered under GAAR with effect from assessment year 2016-17.

Taxpayers to share their email-id, cell phone in I-T returns

Last Updated: Thursday, July 03, 2014, 22:17

Taxpayers filing their I-T returns this year will now have to share their email-id and mobile phone number with the tax department

Arun Jaitley to meet top brass of I-T, CBDT

Last Updated: Wednesday, July 02, 2014, 21:21

Finance Minister Arun Jaitely will meet the top brass of the Income Tax department and Central Board of Direct Taxes later this month in the national capital.

Black money: SIT asks agencies to share data on ongoing cases

Last Updated: Sunday, June 29, 2014, 11:38

SIT has asked for the data in order to understand the trends and magnitude of the menace of black money and generation of illegal funds in the country.

Abolish Revenue Secretary post; merge CBDT, CBEC: Govt panel

Last Updated: Monday, June 16, 2014, 20:58

Recommending far-reaching reforms in tax administration, a government committee has suggested abolition of the post of Revenue Secretary, merger of CBDT and CBEC and broaden the use of Permanent Account Number (PAN).

I-T Dept asked share wealth details of defaulters with banks

Last Updated: Thursday, May 29, 2014, 19:23

In a step to help public sector banks to recover bad loans, the Finance Ministry has asked the I-T Department to share details of defaulters' wealth tax returns with PSBs if they ask for such information.

EC seeks cancellation of tax benefits to 10 political parties

Last Updated: Sunday, April 20, 2014, 09:40

The Election Commission has sought withdrawal of tax exemption benefits to ten political parties from the CBDT on the grounds that they failed to submit their mandatory expenditure contribution reports on time to the poll body.

CBDT ask officials to ensure M&As do not defraud revenue

Last Updated: Sunday, April 13, 2014, 12:26

As per the procedure, M&As are required to be vetted by the high court concerned.

Nokia yet to come up with concrete proposal to settle tax row: CBDT

Last Updated: Monday, March 24, 2014, 21:46

Nokia India Pvt Ltd so far has not come to the Central Board of Direct Taxes (CBDT) with a concrete proposal to settle its tax row with the department, a senior finance ministry official said Monday.

Hopeful of achieving direct tax collection target of FY14: CBDT

Last Updated: Monday, March 24, 2014, 20:03

Pinning hopes on last minute rush of payment of taxes by corporate and individuals, the government is hopeful of achieving revised direct tax collection target of Rs 6.36 lakh crore for this fiscal.

Over 50,000 cr revenue still to come; CBDT cancels all leave

Last Updated: Sunday, March 23, 2014, 14:40

According to official data, as of March 20, the I-T department needs to further achieve a net collection of Rs 50,204 crore before the current fiscal closes this month end.

CBDT extends deadline for sending ITR-V by post

Last Updated: Tuesday, February 11, 2014, 17:13

According to rules, once a taxpayer files his e-return, he or she needs to send his ITR-V by post within 30 days.