Tag: CBDT
Revised work and reporting Structure of CBDT Directorates. TDS related functions to shift from Directorates of TDS & TPS to Directorate of Income Tax Recovery. F.No. HRD/AD/802/3/2017-18/736 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes OFFICE MEMORANDUM Date: 03.05.2017 The CBDT …
Do not visit CBDT Office for transfers and postings. Income Tax Officers have been advised to forward their request to Data Base Cell only CBDT in its recent office memorandum has impressed upon the Income Tax Officers not to visit CBDT office in connection with transfer and postings. …
Expeditious refund issue high priority for CBDT. Over 4.19 crore ITRs processed and over 1.62 crore refunds issued during Current Financial Year till 10/02/2017 Ministry of Finance Press Release Dated: 13th Feb, 2017 Expeditious issue of Refunds is a High Priority for the Central Board of Direct Taxes …
Honest tax-payers will be treated with dignity and courtesy. Greater accountability and probity in actions taken by Income Tax Officers-CBDT GOVERNMENT OF INDIA Ministry of Finance/Department of Revenue Central Board of Direct Taxes North Block, New Delhi-110001 E-mail : chairmancbdt@nic .in Tele: 23092648 & Telefax :23092544 SUSHIL CHANDRA …
Demonetisation irregularities-CBDT facing man-power shortage. CBDT Chairman asks PrCCITs to spare AOs and Inspectors for Investigation Wing After the demonetisation and withdrawal of Old currency notes of Rs. 500/- and Rs. 1000/-, the Investigation Directorates of the Income Tax Departments have intensified enforcement actions in detecting serious irregularities. …
Penalties shall followed by prosecutions-CBDT Chairman. Action shall be taken even before filing return for huge cash deposits with unmatched past profile of the assessees. CBDT Chairman Shri Sushil Chandra in his latest TV interview has hinted the impending actions that are being planned by the CBDT after 30th …
Group Assessment and Peer Review System Before Assessment-Reconstitution of Committee to study the feasibility of recommendations-CBDT F. No. 225/246/2014-ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi dated 15th November, 2016 OFFICE MEMORANDUM Subject: Reconstitution of Committee to study the …
Constitution of CASS Committee for FY 2016-17 to suggest modification/new rules, new rules, changes in ITRs/forms for effective scrutiny selection-CBDT Income Tax basic scrutiny is conducted under section 143 of the Income Tax Act, 1961. Fundamentally, scrutiny is based on risk-analysis conducted through computer- assisted programme and also manually with …
Withholding tax non residents-Disallowance us 40(a)(i) to be on income component only. CBDT Circular 3/2015 to be followed in litigation before ITAT/Courts F.No.500/39/2015 (US FT & TR-V) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax & Tax Research –II FT …
Draft Rules-FMV valuation method charitable trust-institution. Chapter XII-EB additional income-tax when trust ceases to exist as charitable organization F. No. 370142/21/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 24th October, 2016 Subject: Draft Rules for prescribing the method …
