Showing results for "#Central Board of Direct Taxes"
Investment in start-ups from 21 nations will be exempt from angel tax
The CBDT notification comes into effect on April 1.
Link PAN-Aadhaar today or face penalty of Rs 1,000 from July 1
Owing to not linking the PAN-Aadhaar within the deadline of June 30, today, a penalty of Rs 1000 to be made before linking. As payments made at NSDL...
CBDT issues TDS disclosure requirements for virtual digital assets
From July 1, tax deucted at source (TDS) of 1 pc will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a...
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...
Net direct tax mop-up over Rs 3.39 trillion
The net direct tax collection of over Rs 3.39 lakh crore includes Corporation Tax (CIT) at over Rs 1.70 lakh crore and Personal Income Tax (PIT),...
Non-linking of PAN, Aadhaar to attract penalty from April 1, says I-T...
In order to mitigate the inconvenience to taxpayers, as per notification dated March 29, 2022, a window of opportunity has been provided to taxpayers...
Tax refunds worth Rs 26k cr issued: Central Board of Direct Taxes
The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs 26,242 crore to 16,84,298 assessees since April one to May 21 this year.
Amended I-T procedures deferred to Oct 1: Central Board of Direct...
In view of the unprecedented humanitarian and economic crisis, the CBDT has decided that the implementation of new procedure for approval/...
