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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.

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.

Govt to look into abolishment of I-T exemption to charity org

Last Updated: Sunday, April 27, 2014, 14:50

The government will look into the abolishment of income tax exemptions to charity organisations in its budgetary exercise for the year 2014, according to an RTI response from the Central Board of Direct Taxes.

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.

TDS due date extended till Mar 31 for govt deductors

Last Updated: Thursday, March 06, 2014, 22:43

The Revenue Department has extended the due date of filing TDS and TCS for 2012-13 and 2013-14 till March 31 in case of government deductors.

73% of direct tax target collected till February

Last Updated: Sunday, March 02, 2014, 12:20

With over 73 percent of its revenue target collected by February, the Income Tax department is hopeful of achieving a full kitty of direct tax collection of Rs 6.36 lakh crore by the end of this financial year on March 31.

'Adopt uniform procedures for non-filers of I-T returns'

Last Updated: Tuesday, September 24, 2013, 19:53

With an aim to check tax evasion, the Central Board of Direct Taxes (CBDT) has tightened norms to deal with 'no-filers' of income tax returns and asked its officers to follow uniform procedure in handling such cases.

Govt warns tax deductors who fail to deposit TDS by due date

Last Updated: Tuesday, August 06, 2013, 20:28

In a stern warning, the Revenue department Thursday said tax deductors who default in depositing TDS by due date will be liable for prosecution and can be imprisoned for up to seven years.

Foreign donations above Rs 1 crore under tax scanner

Last Updated: Tuesday, August 06, 2013, 16:59

All foreign donations above Rs 1 crore will now come under the scrutiny of the Income Tax department.

Investors based in tax havens may have to share info with CBDT

Last Updated: Sunday, August 04, 2013, 18:09

Companies routing investments through tax havens will find it difficult to evade taxes with the introduction of norms requiring them to sign an agreement to share banking and other information with the CBDT.