Ministry of Finance Monetary limits for filing of appeals by Income Tax Department further enhanced by CBDT There is a substantial pendency of appeals of the Income Tax
Income Tax department revises the (Form 16) TDS certificate format issued by employers The Income Tax department has revised Form 16 by adding various details, including income from
Ministry of Finance Central Board of Direct Taxes (CBDT) clarifies regarding issue of Prosecution Notices 21 JAN 2019 The Central Board of Direct Taxes (CBDT) has stated that
Ministry of Finance Identification of Benami Properties 24 JUL 2018 Prohibition of Benami Property Transactions Act 1988 as amended by the Benami Transaction (Prohibition) Amendment Act, 2016 seeks
Government Servant Government of India Income Tax Department Office of the Pr. Commissioner of Income Tax-3, Chennai 4th Floor, Main Building, 121, Mahathma Gandhi Road, Chennai-34. P.N.DEVADASAN, IRS
Extension of date for filing of Income Tax Returns extended for five days up to 5th August, 2017 There are some complaints that the taxpayers are not being
CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act, 1961. Rule 10CB for operationalising the provisions of secondary adjustment has been notified by the
ACCEPTING OF E-AADHAAR AS PRESCRIBED PROOF OF IDENTITY FOR RESERVED JOURNEY Ministry of Railways has decided to incorporate downloaded Aadhaar (e-Aadhaar) as prescribed proof of identity at par
Income Tax department launches new facility to link Aadhaar with PAN New Delhi: The Income Tax department has launched a new e-facility to link a person’s Aadhaar with
Income Tax Department (ITD) launches Operation Clean Money Income Tax Department (ITD) has initiated Operation Clean Money, today. Initial phase of the operation involves e-verification of large cash
Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 19th September, 2016. Press Release Sub: Finance Minister conveys Government’s Appreciation to
The Income Tax Department prescribes a list of transactions for which quoting of Permanent Account Number (PAN) is mandatory. These are listed in Rule 114B of the Income
F. No. 385/ 17/2016-IT (B) Government of India Ministry of Finance Central Board of Direct Taxes New Delhi, Dated: 15.09.2016 To, All Principal Chief Commissioners of Income Tax
New Delhi: Aimed at making life easier for tax payers, the Income Tax department today said it simplified the process of online rectification of incorrect details of tax
