Showing results for "#CBDT"
TDS rule update to affect doctors, social media Influencers
The CBDT has clarified that the TDS is applicable to social media influencers only if the products sent for marketing by businesses are retained by...
CBDT refunds over Rs 1.93 lakh cr to 1.90 cr taxpayers since April
The Central Board of Direct Taxes (CBDT) has so far issued over Rs 1,93,455 crore in refunds to over 1.90 crore taxpayers from April 1 till February...
Two lakh cases in faceless assessment ambit of which 35,000 evaluated:...
About 2 lakh cases are presently being evaluated under the faceless assessment scheme of income tax cases, out of which finality has been achieved in...
New TDS/TDS rules not for power trading, insurance agents
It has been represented that there are practical difficulties in implementing the provisions of TDS and TCS in case of certain exchanges and clearing...
CBDT meets officials to dispel doubts on faceless tax assessment
As a part of cleaning-up of demand, all pending rectifications and appeal effects were to be attended on priority as this was also one of the key...
CBIC, CBDT sign MoU for bilateral data exchange
The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) on Tuesday signed a Memorandum of Understanding...
CBDT, SEBI sign MoU for data exchange
The Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) on Wednesday signed a Memorandum of Understanding (MoU)...
20 lakh taxpayers get I-T refund of Rs 62,000 cr
In pursuance of the exercise to meet liquidity needs taxpayers during COVID-19 pandemic, the income tax department has fast tracked its tax refund...