News:The Central Board of Direct Taxes (CBDT) has entered into 26 Advance Pricing Agreements(APAs) in the first 5 months of the financial year (April to August,2019). Facts: About Advance Pricing …
Read MoreThe Central Board of Direct Taxes (CBDT) has constituted a dedicated start up cell for addressing the specific problems related to Start-ups. The start up cell will be a five-member …
Read MoreCentral Board of Direct taxes(CBDT) has said that all communications made by the tax department to tax assessees from October 1,2019 will have to carry a Document Identification Number(DIN). Document …
Read MoreThe Central Board of Direct Taxes(CBDT) has issued a circular on angel taxes on start ups. The circular has instructed income tax officers that registered start up companies that have …
Read MoreCentral Board of Direct Taxes (CBDT) is celebrating the 159th Income Tax Day which is also called as Aaykar Diwas. Income Tax was introduced for the first time in India …
Read MoreThe Central Board of Direct Taxes (CBDT) has decided to expand the terms of reference for the committee that has been formed to re-write the Direct Tax Code(DTC). The committee …
Read MoreThe task force set up to draft a new direct tax law to replace the existing Income Tax Act has been given 2-month extension till July 31 to submit its …
Read MoreThe Central Board of Direct Taxes (CBDT) has decided to enter into a memorandum of understanding(MoU) with GST Network(GSTN). The MoU will allow income tax department to share details including …
Read MoreThe Central Board of Direct Taxes(CBDT) appointed committee has proposed a change in the methodology for taxing multinational companies(MNCs),including digital firms having permanent establishment in India. Earlier,CBDT had set up …
Read MoreAccording to the Central Board of Direct Taxes(CBDT),Direct tax collections have fallen short by Rs 60,000 crore.It has failed to meet the revised target of Rs 12 lakh crore for …
Read More