Central Board of Direct Taxes

CBDT Announced Amendments In Faceless Penalty Scheme, Authorizing Personal Hearing 2 min read

• Income Tax

CBDT Announced Amendments In Faceless Penalty Scheme, Authorizing Personal Hearing

Maryam 4 weeks ago

Amendments in Faceless Penalty Scheme were introduced after a cycle of litigation where the court had suppressed Income Tax Notices and the Assessment Orders for not awarding personal hearings to the respective taxpayers.... Read More

Tax Evaders can escape by paying penalty? New CBDT Norms state otherwise! 2 min read

• Income Tax

Tax Evaders can escape by paying penalty? New CBDT Norms state otherwise!

Diksha Garg 3 years ago

The Department of Income Tax has come up with revised guidelines according to which serious offenses committed under the benami and black money laws are... Read More

New tax rules amendments for religious organizations and institutions by Central Board of Direct Taxes 2 min read

• Income Tax

New tax rules amendments for religious organizations and institutions by Central Board of Direct Taxes

Rebecca Ghomes 4 years ago

Central Board of Direct Taxes issues regulations pertaining to any Finance Act or forms new regulations regarding tax in the country. The finance act of... Read More

CBDT’s Proposal to Estimate the Expected Income In Future and Its Impact on India Inc 3 min read

• Income Tax

CBDT’s Proposal to Estimate the Expected Income In Future and Its Impact on India Inc

Diksha Garg 5 years ago

The CBDT (Central Board of Direct Taxes) has put forward a plan in front of the companies in India to provide it an advance estimation... Read More

A Quick Guide To The Income Tax Manual Scrutiny Criteria for 2017-18 3 min read

• Income Tax

A Quick Guide To The Income Tax Manual Scrutiny Criteria for 2017-18

Rebecca Ghomes 5 years ago

Every year the Central Board of Direct Taxes (CBDT) releases the criteria for Income Tax manual scrutiny. When you are planning to file your tax... Read More

Ease in Strictness of Section 206AA – Dealing with Previous Issues 4 min read

• Income Tax

Ease in Strictness of Section 206AA – Dealing with Previous Issues

Anuj Mathur 6 years ago

Section 206AA was highly rigorous and confusing as it made mandatory to submit PAN number while submitting taxes. It created many controversies; especially in case... Read More

Major Reform – Goods and Service Tax Bill Introduced in India, 3 min read

• GST

Major Reform – Goods and Service Tax Bill Introduced in India,

Anuj Mathur 6 years ago

Recently, Government of India has passed the Goods and Service tax bill in India. Taxes in India were collected in two forms i.e. State Government... Read More