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Archived News in Direct Tax
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March , 2017
1. CBDT to waive interest if tax demand paid in retro cases Open this result in new window. Mar, 29th 2017
Nearly two months since the one-time window for companies under the Dispute Reso...
2. No relief to those who defaulted on 1st IDS installment: CBDT  Open this result in new window. Mar, 29th 2017
The Central Board of Direct Taxes (CBDT) has refused to grant any relief to thos...
3. 6 tax tasks you should finish by March 31  Open this result in new window. Mar, 28th 2017
Effectively, four working days are left for the end of the financial year 2016-1...
4. CBDT to waive interest if tax demand paid in retro cases Open this result in new window. Mar, 28th 2017
The tax department will waive interest liability if the principal demand of capi...
5. CBDT to waive interest if tax paid in retrospective cases Open this result in new window. Mar, 27th 2017
CBDT said no reduction or waiver of interest shall be ordered unless the princip...
6. New move to settle retrospective tax cases, CBDT offers interest liability waiver to firms Open this result in new window. Mar, 27th 2017
India has offered to waive interest liability in a fresh attempt to settle incom...
7. I-T department guidelines for interest waiver in specific cases offer tax relief Open this result in new window. Mar, 25th 2017
Senior officials of I-T department can now waive or reduce interest in cases whe...
8. ICDS provisions to prevail over judicial precedents: CBDT Open this result in new window. Mar, 24th 2017
The tax department today said provisions of ICDS, the new accounting standards f...
9. CBDT forms committee to check absconding I-T dept officers Open this result in new window. Mar, 24th 2017
The CBDT has constituted a committee to identify those IRS and other junior-rank...
10. Central Board of Direct Taxes asks taxman to make all out efforts to recover arrears Open this result in new window. Mar, 23rd 2017
Worried over “unsatisfactory” performance in collection of arrear an...
11. CBDT to honour honest taxpayers  Open this result in new window. Mar, 22nd 2017
In a novel initiative revived after decades, the CBDT will soon honour lakhs of ...
12. Startups in the docks over marked down valuation tax as March 31 nears  Open this result in new window. Mar, 22nd 2017
As the March end nears, many startups may face a difficult choice, whether to go...
13. CBDT asks taxman to make all out efforts to recover arrears Open this result in new window. Mar, 21st 2017
Worried over "unsatisfactory" performance in collection of arrear and current ta...
14. CBDT chief prods taxmen to buck up, meet recovery target Open this result in new window. Mar, 20th 2017
The Central Board of Direct Taxes (CBDT) has asked its field formations to conce...
15. CBDT to hold review meeting on PMGKY, tax collection on Mar 17 Open this result in new window. Mar, 16th 2017
Officials said the Central Board of Direct Taxes (CBDT), the policy-making body ...
16. Monitor tax collection to meet target by Mar 31: CBDT to taxman  Open this result in new window. Mar, 16th 2017
The CBDT has directed the Income Tax department to "scrupulously" monitor tax co...
17. File prosecution cases against shell companies: CBDT to taxmen  Open this result in new window. Mar, 15th 2017
As the noose tightens around shell companies evading taxes, the CBDT Chairman ha...
18. Threefold jump in prosecution against tax offenders Open this result in new window. Mar, 15th 2017
Turning up the heat against tax offenders, the income tax department tax launche...
19. Income Tax department raises queries on suspicious bank account deposits post demonetisation Open this result in new window. Mar, 14th 2017
The income-tax department that had begun raising queries with regard to what it ...
20. Govt’s direct tax collections likely to miss budget targets for FY17 Open this result in new window. Mar, 11th 2017
Direct tax collections are likely to fall short of budget targets in 2016-17 wit...
21. Direct tax collections show 10.7 per cent rise up to Feb: CBDT Open this result in new window. Mar, 11th 2017
The Central Board of Direct Taxation (CBDT) on Friday reported the direct tax co...
22. IT officers lax on filing for prosecution and compounding applications, says CBDT chairman Open this result in new window. Mar, 09th 2017
Is the income tax department in India lax on filing for prosecution and disposal...
23. How you can save tax using ELSS fund under section 80C Open this result in new window. Mar, 09th 2017
The last month of the financial year sees investors rushing to save tax by inves...
24. Why SMEs should comply with income tax provisions  Open this result in new window. Mar, 09th 2017
India's taxation structure provides for two types of taxes: Direct and Indirect ...
25. Monitor tax collection to meet target by March 31:CBDT to taxman Open this result in new window. Mar, 08th 2017
The CBDT has directed the Income Tax department to "scrupulously" monitor tax co...
26. CBDT asks officials to monitor tax collections, take measures to achieve budget target  Open this result in new window. Mar, 08th 2017
The income tax department has asked its officials to monitor tax collections on ...
27. Revamp CBEC to get more out of it, merge with CBDT Open this result in new window. Mar, 06th 2017
Monday marks the beginning of a five-day assembly session that will see the AAP ...
28. How home loan, NPS can help salaried Thakur save tax Open this result in new window. Mar, 06th 2017
More than 10% of Vikram Thakur’s total income goes in tax. The Goabased ma...
29. CBDT issues new guidelines to officials investigating suspicious deposits post-note ban Open this result in new window. Mar, 04th 2017
Post the demonetisation drive, the Central Board of Direct Taxes (CBDT) has furt...
30. Income tax dept to issue statutory notices to non-respondents Open this result in new window. Mar, 04th 2017
Keeping up the heat, the income tax department will issue statutory notices to a...
31. Here’s all you need to know about income tax framework Open this result in new window. Mar, 03rd 2017
CBDT provides essential inputs for policy framing and planning of direct taxes a...
32. CBEC asks tax officers to speed up GST migration Open this result in new window. Mar, 03rd 2017
The Revenue Department has expressed "serious concern" over delay in migration o...
33. Here’s all you need to know about the direct tax proposals made in Union Budget 2017 Open this result in new window. Mar, 02nd 2017
It's almost a month since the announcement made on 1st February 2017 by the FM r...
 
 
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