Income Tax News

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 | 10551 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 | 7491 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 | 6699 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 | 5481 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 | 8094 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 | 4965 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 | 6945 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 | 8022 Views