Income Tax News
Instant e-PAN allotment near to real time
30 June 2018 at 13:11Instant e-PAN allotment (Beta version) in near to real time is available free of cost for limited period. Individuals (other than minors) with a valid Aadhaar number (with updated Mobile number) can avail the e-PAN allotment facility. Click here to k
Investigation in fresh series of Panama papers cases
22 June 2018 at 11:16Prompt investigation in fresh series of cases pertaining to ‘Panama Papers’The fresh release made in the media today under ‘Panama Paper Leaks’ is being promptly looked into by the law enforcement agencies under the aegis of t
IT dept warns against fraud online PAN application entity
19 June 2018 at 11:11The general public is hereby informed that the Income Tax Department (ITD), Government of India has appointed only two entities namely NSDL e-Governance Infrastructure Limited (NSDL e- Gov) and UTI Infrastructure Technologies Services Limited for pur
Cost inflation index notified as 280 for 2018-19
18 June 2018 at 10:50MINISTRY OF FINANCE(Department of Revenue)(Central Board of Direct Taxes)NOTIFICATIONNew Delhi, the 13th June, 2018INCOME-TAXS.O. 2413(E).— In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act
CBDT dedicates fortnight for pending appeal disposal
08 June 2018 at 10:48Redressal of public grievances and taxpayer service is an area of top priority for the CBDT and the Income Tax Department. In this connection, a fortnight from 1st June to 15th June, 2018 has been dedicated for expeditious disposal of pending appeal
No damage to Nirav Modi investigation files in ITO Mumbai fire
05 June 2018 at 11:03CBDT issues clarification about loss/damage to records in the Scindia House fire at Income Tax Office, MumbaiNews reports have been appearing in some sections of the media alleging that records & documents relating to the investigation into the N
New Benami Transactions Informants Reward Scheme
01 June 2018 at 18:21New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax DepartmentTo get people’s participation in the Income Tax Department’s efforts to unearth black money and to reduce tax evasion It was found in many cases
Rs 50 lac reward for Income tax informants
01 June 2018 at 18:20With the objective of obtaining people’s participation in the Income Tax Department’s efforts to unearth black money and reduce tax evasion, a new reward scheme titled “Income Tax Informants Reward Scheme, 2018” has been issue
All ITR 1 to 7 available for efiling now
28 May 2018 at 11:18All ITR 1 to 7 available for efiling now
Three months extension to task force drafting new Direct tax law
25 May 2018 at 11:24Extension of time by three months of the Task Force for drafting a New Direct Tax LegislationA Task Force was constituted by the Government of India in November, 2017 to review the existing Income-Tax Act, 1961 and to draft a New Direct Tax law in co
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