Central Board of Direct Taxes

New Delhi: Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal, the Income Tax department said on Friday. Net direct tax collection after adjusting refunds stands at Rs 5.84 lakh…

New Delhi: Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a periodic review meeting with Central Board of Direct Taxes (CBDT), here today. The review meeting was attended by the Revenue Secretary;…

New Delhi: The finance ministry on Tuesday proposed to come out with a user-friendly common income tax return form for all taxpayers, under which income from virtual digital assets will have to be disclosed under a separate head. All…

New Delhi: The Central Board of Direct Taxes (CBDT) has extended the due date for filing of income tax audit report for Assessment Year 2022-23 from 31st September 2022 to 7th November 2022 for companies. In a tweet on Wednesday, the…

The 163rd anniversary of Income Tax Day was observed by Central Board of Direct Taxes (CBDT) and all its field offices across India today. As part of the celebrations, the field formations held a number of events and activities. The events…

New Delhi: The last date for linking the Permanent Account Number (PAN) with Aadhaar ends today. From tomorrow (July1) onwards, one has to pay double penalty of Rs 1,000. The Centre already extended the deadline till March 31 earlier,…

New Delhi: IRS Nitin Gupta has been appointed as the Chairman of the Central Board of Direct Taxes (CBDT). An official notification was issued by the Department of Personnel and Training on Monday. His appointment as the new Chairman of…

New Delhi: On consideration of difficulties reported by the taxpayers and other stakeholders due to COVID and in electronic filing of various reports of audit under the provisions of the Income-tax Act, 1961 (the Act), the Central Board of…

New Delhi: A Taxpayers’ Lounge has been set up by the Income Tax Department in India International Trade Fair, 2021 at Pragati Maidan, New Delhi from 14th – 27th November 2021, for fostering awareness about various services provided by the…

New Delhi: Actor Sonu Sood has evaded taxes of over Rs 20 crore, the income tax department said in a statement today. It further claimed that after the Income Tax Department raided him and a linked Lucknow-based infrastructure group it…