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CBDT Advises Financial Institutions To Get Self Certification By April 30 12 April 2017
The Central board of Direct Taxes (CTBT), has advised all the financial institutions (FIs), to get self certification from account holders, by April 30. This move is enabled to comply with Foreign Accounts Tax Compliance Act (FATCA), and to further...
Keywords: Financial Institutions, Foreign Account, Financial Institutions, Income Tax Department
Read MoreFile Your Income Tax Returns By Today, As No More Extension Likely 05 August 2017
File Your Income Tax Returns By Today, As No More Extension Likely:- The deadline for filing income tax returns has been extended by the Government from July 31 to August 5 which is today. The taxpayers may not get yet...
Keywords: CBDT, Income Tax Department, August 5 Last Date, Form 16a
Read MoreIT releases big tax defaulters 31 March 2015
The Income Tax department of India on Tuesday took to the strategy of 'naming and shaming' of some large tax defaulters as it published names of 18 entities who owe over Rs.500 crore tax to the exchequer."The step is aimed...
Keywords: Goldsukh Trade India Limited, Blue Information Technology Limited, Principal Chief Commissioner of Income Tax (Administration), Blue Information Technology Limited
Read MoreNew PAN allotment norms put on hold 31 January 2014
The Central Board of Direct Taxes (CBDT) today put the decision on hold for new norms in the allotment of new PAN Cards. However the reasons for this decision are not known so far and till further orders, the old...
Keywords: Central Board of Direct Taxes, PAN Card, CBDT, CBDT
Read MoreTo avoid taxes in India, Dubai CA files a petition 20 March 2021
To avoid taxes in India, Dubai CA files a petition:- Gaurav Baid, a Dubai-based non-resident Indian (NRI) who is a chartered accountant filed a petition before the Supreme Court of India challenging the Central Board of Direct Taxes (CBDT). A...
Keywords: Gaurav Baid latest updates, Gaurav Baid petition, Dubai CA, Central Board of Direct Taxes breaking news
Read MoreIdentity proof for PAN is a must 25 January 2014
From February, applicants who want permanent account numbers (PAN) will have to produce original documents related to identification, address and date of birth. According to a statement issued by the Central Board of Direct Taxes (CBDT) anyone applying for allotment...
Keywords: Business News, Identity proof for PAN is a must, CBDT, CBDT
Read MoreChanges You Need To Know In The Annual Tax Filing Exercise This Year 29 July 2017
Changes You Need To Know In The Annual Tax Filing Exercise This Year:- Like previous occasions, the Income Tax Department this year also has brought about many changes in the annual tax filing exercise. The tax filing has been quite...
Keywords: CBDT, Tax Department, IT Department, Tax Department
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