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Income Tax News


CBDT seeks input from stakeholders for Fund Manager Regime

   06 December 2019 at 10:45

CBDT issues draft notification seeking inputs for framing of rules with respect to Fund Manager Regime under Section 9A of the I.T. Act, 1961

Posted in Income Tax |   3990 Views


Clarification in respect of option exercised under section 115BBA of the Income-tax Act, 1961

   04 December 2019 at 12:56

Clarification in respect of option exercised under section 115BBA of the Income-tax Act, 1961

Posted in Income Tax  1 comments |   12846 Views


Income Tax Department conducts searches in NCR

   03 December 2019 at 10:09

The Income Tax Department conducted a search and survey action on a group having interest in infrastructure, mining and real estate. More than 25 premises were covered in NCR.

Posted in Income Tax  2 comments |   7002 Views


Bill passed in Lok Sabha to reduce corporate tax to 22%

   03 December 2019 at 10:09

Corporate tax rate reduced to 22 percent

Posted in Income Tax |   2841 Views


PAN cards now being printed with QR Code

   30 November 2019 at 10:28

PAN cards are now being printed with Enhanced Quick Response (QR) Code.

Posted in Income Tax |   6813 Views


Income Tax Department creates exchange of information portal

   23 November 2019 at 11:34

Income Tax Department creates Exchange of Information Portal for dissemination of information to all stakeholders

Posted in Income Tax |   9009 Views


Challan cum statement format for the purpose of section 194M

   21 November 2019 at 11:19

Challan cum statement format for the purpose of section 194M

Posted in Income Tax |   5991 Views


Cabinet approves Taxation amendment bill for new corporate tax rates

   21 November 2019 at 11:19

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for introducing the Taxation Laws (Amendment) Bill, 2019 in order to replace the Ordinance.

Posted in Income Tax |   2649 Views


IT dept seizes 32 crore cash and 10k gold in search operation

   19 November 2019 at 10:35

Income Tax Department seizes substantial amount of cash in Tamil Nadu

Posted in Income Tax  2 comments |   11691 Views


ITD conducts search on business groups in Mumbai

   18 November 2019 at 11:18

Income Tax Department conducts search on prominent business groups in Mumbai

Posted in Income Tax |   2082 Views