Income Tax News


Instant e-PAN allotment near to real time

   30 June 2018 at 13:11

Instant 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

Posted in Income Tax  1 comments |   11211 Views


Investigation in fresh series of Panama papers cases

   22 June 2018 at 11:16

Prompt 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

Posted in Income Tax |   6027 Views


IT dept warns against fraud online PAN application entity

   19 June 2018 at 11:11

The 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

Posted in Income Tax  2 comments |   10548 Views


Cost inflation index notified as 280 for 2018-19

   18 June 2018 at 10:50

MINISTRY 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

Posted in Income Tax  2 comments |   7482 Views


CBDT dedicates fortnight for pending appeal disposal

   08 June 2018 at 10:48

Redressal 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

Posted in Income Tax  3 comments |   6687 Views


No damage to Nirav Modi investigation files in ITO Mumbai fire

   05 June 2018 at 11:03

CBDT 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

Posted in Income Tax |   5463 Views


New Benami Transactions Informants Reward Scheme

   01 June 2018 at 18:21

New 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

Posted in Income Tax  1 comments |   8085 Views


Rs 50 lac reward for Income tax informants

   01 June 2018 at 18:20

With 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

Posted in Income Tax  1 comments |   4959 Views


All ITR 1 to 7 available for efiling now

   28 May 2018 at 11:18

All ITR 1 to 7 available for efiling now

Posted in Income Tax  2 comments |   6939 Views


Three months extension to task force drafting new Direct tax law

   25 May 2018 at 11:24

Extension 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

Posted in Income Tax  3 comments |   8016 Views



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