Showing results for "#Central Board of Direct Taxes"
CBDT extends deadline for filing returns till Nov 7
The extension was given as extra time of up to October 7 was granted for filing various audit reports in the case of these entities, a circular issued...
'Prompt grievance redressal of taxpayers is top priority'
In his message on the occasion of Income Tax Day, he said the tax department has reported the highest ever tax collection of Rs 14.09 lakh crore in...
Federal Bank, CBDT in pact for new online tax payment
The company said, “On the back of strong Q1 results for FY-23, Federal Bank partners with the Central Board of direct taxes to assist taxpayers in...
I-T dept detects Rs 500 cr after raids on two TN groups
The searches were carried out at over 40 premises in Chennai, Coimbatore and Madurai on July 6.
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),...