cbdt - Latest News on cbdt | Read Breaking News on Zee News
Undisclosed income of Rs 90,000 crore detected in 2013-14

Undisclosed income of Rs 90,000 crore detected in 2013-14

Last Updated: Friday, August 22, 2014, 18:26

Undisclosed income to the tune of Rs 90,000 crore was detected during 2013-14 in various searches and surveys conducted by the Income Tax department, a top official from the Central Board of Direct Taxes (CBDT) said here on Friday.

Govt to pay Rs 48,069 cr as IT returns for FY13 and FY14

Last Updated: Tuesday, August 05, 2014, 17:05

Government has to pay as much as Rs 48,069 crore as income tax returns for 2012-13 and 2013-14, Parliament was informed on Tuesday.

Black money: 'Warehouse' of tax data for I-T in the offing

Last Updated: Sunday, August 03, 2014, 10:11

The Income Tax department has named the new project -- Data Warehousing and Business Intelligence (DWBI), which it plans to operationalise by next year.

K V Chowdary is new CBDT Chairman

Last Updated: Friday, August 01, 2014, 16:44

Senior IRS officer K V Chowdary has been appointed as the new Chairman of the Central Board of Direct Taxes (CBDT), the top policy making body of the Income Tax department.

AIF income to be taxed at 30%: CBDT

Last Updated: Tuesday, July 29, 2014, 17:52

Income of the Alternative Investment Funds (AIFs) will be taxed at the maximum rate of 30 percent, the revenue department has said.

Chowdary tipped to be new CBDT chief

Last Updated: Sunday, July 27, 2014, 19:15

Senior IRS officer K V Chowdary is tipped to be the new Chairman of the Central Board of Direct Taxes (CBDT), the apex authority of the Income Tax department.

Chowdary tipped to be new CBDT chief

Last Updated: Sunday, July 27, 2014, 15:32

Senior IRS officer KV Chowdary is tipped to be the new Chairman of the Central Board of Direct Taxes (CBDT), the apex authority of the Income Tax department.

Conduct non-intrusive investigations: FM tells tax officials

Last Updated: Wednesday, July 23, 2014, 22:08

The Minister "exhorted the officers of the Income Tax Department to maximise the use of innovative and non-intrusive methods of investigation," an official statement said.

FinMin sets up panel to reduce tax litigations

Last Updated: Thursday, July 17, 2014, 18:40

With Rs 4 lakh crore locked up in litigations, the Finance Ministry today set up a committee consisting of officials from Central Board of Direct Taxes to suggest ways to reduce mounting disputes at various tax appellate forums.

CBDT constitutes panel to suggest steps to reduce litigation

Last Updated: Thursday, July 17, 2014, 14:45

The Committee, according to the terms of reference issued by CBDT, will carry out detailed analysis of appellate orders and assessment orders on various aspects and recommend steps to reduce litigation before CIT (Appeal).

ITR filing: CBDT launches new tax calculator for taxpayers

Last Updated: Sunday, July 13, 2014, 15:02

Taxpayers can see the tax calculator on the official website of the I-T department-- www.Incometaxindia.Gov.In.

'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.