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CBDT notifies 4195 Income Tax Authorities for Faceless Assessment
CBDT notifies 4195 Income-tax Authorities of Regional e-Assessment Centres to exercise the powers and functions of Assessing Officers concurrently, to facilitate the conduct of Faceless Assessment pro...
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CBDT notifies 34 Authorities for Faceless Assessment
vide Notification No. 64/2020, Dated: August 13, 2020.Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew DelhiNotification No. 64/2020, Dated: August 13, 2020S...
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CBDT notifies Headquarter & Jurisdiction of 128 PCIT/CIT
CBDT notifies Headquarter & Jurisdiction of 128 Principal Commissioner/ Commissioner of Income-tax (PCIT/CIT) vide Notification No. 63/2020, Dated: August 13, 2020 and it also notified PCIT/CIT who wi...
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CBDT notifies revised jurisdictions of Principal CITs & CCITs
CBDT notifies revised Headquarters and jurisdictions of 56 Principal CITs & CCITs vide Notification No. 62/2020, Dated: August 13, 2020.Government of IndiaMinistry of FinanceDepartment of RevenueCentr...
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CBDT notifies Faceless Assessment procedure
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 61/2020-Income TaxNew Delhi, the 13th August, 2020S.O. 2746(E). —In exercise of the powers conferred by sub-se...
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CBDT notifies Procedure for assessment under Faceless Assessment
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 60/2020-Income TaxNew Delhi, the 13th August, 2020S.O. 2745 (E). —In exercise of the powers conferred by sub-s...
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CBDT notifies 3 Courts in Maharashtra for trial of Income Tax offences
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)(INVESTIGATION DIVISION-V)Notification No. 59/2020-Income TaxNew Delhi, the 10th August, 2020S.O. 2682(E).—In exercise of the p...
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Rule 114AAB: Class or classes of person to whom provisions of section 139A shall not apply
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 58/2020-Income TaxNew Delhi, the 10th August, 2020INCOME-TAXG.S.R. 499(E). In exercise of the powers conferred...
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CCI notified to share information with Income Tax Department
Central Government specifies Director General / Secretary, Competition Commission of Indiafor the purpose sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961.MI...
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Appointment of BSR as statutory auditor of IFIN for 2017-18 was illegal: NFRA
Executive Summary of Audit Quality Review (AQR) Report No. 01/2020 released by NFRA in respect of audit done by BSR & Associates LLP (Firm Reg No 116231W/W-100024) of IL&FS Financial Services Ltd (IFI...
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Siliguri DRI seizes 26.5 Kgs of Gold valued at Rs. 14.09 Crores
Ministry of FinanceDepartment of RevenueCentral Board of Indirect Taxes & CustomsNorth Block, New Delhi-110 001Tel. No. : +91-11-23092849, Fax No. : +91-11-23092890E-mail : ajit.m@gov.inD.O.No. 28/CH(...
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FAQs on NPS & NPS for NRI Through eNPS
Q. 1 What is National Pension System?Ans: National Pension System is a contributory pension system which was initially (from 1st January 2004) introduced for the government employees and later rolled...
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Launch of ‘Transparent Taxation’ system on Income Tax Portal
On 13th August 2020, Honourable Prime Minister Narendra Modi has enunciated a platform to tribute the honest taxpayers of the country and ensuring awareness about honest tax payment in India.The inaug...
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Gift to Honest taxpayer PM- Faceless assessment taxpayer charter implemented
मोदीनेईमानदारकरदाताओंकोदीसौगात, फेसलेसअसेसमेंटऔरटैक्सपेयर्सचार्टरलागू !! ‘Transparent Taxation – Honouring the Honest’A new platform Lunched through video conferencing by honourable Prim Minister Mr....
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Taxpayer’s Charter- Obligations & Expectation of Income Tax Dept.
TAXPAYER’S CHARTERTHE INCOME TAX DEPARTMENTis committed to1. provide fair, courteous, and reasonable treatmentThe Department shall provide prompt, courteous, and professional assistance in all dealing...
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Transparent Taxation, Honouring the honest: Key announcement by PM Modi
The CBDT has carried out several major tax reforms in direct taxes in the recent years, which includes the following:(i) Reduction in corporate tax to 22% from 30% for existing companies and 15% for n...
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‘ट्रांसपैरेंट टैक्सेशन: ऑनरिंग द ऑनेस्ट’
ईमानदार करदाताओं को प्रोत्साहन और कर प्रणाली में पारदर्शिता बढ़ाने के लिए प्रधानमंत्री नरेंद्र मोदी ने एक नए और महत्वपूर्ण प्लेटफॉर्म की शुरुआत की इस प्लेटफॉर्म का नाम ‘ट्रांसपैरेंट टैक्सेशन: ऑनरिंग द...
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CBDT directs Investigation Directorates to do e-communication with Assessee
F. No. 414/29/2020–IT(Inv. I)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes********Room No. 269, North Block,New Delhi, the 11th August, 2020.ToAll the Direct...
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SOP for hearing of cases at ITAT Chandigarh Benches from 04.08.2020
INCOME TAX APPELLATE TRIBUNAL:CHANDIGARH BENCHES:CHANDIGARH Virtual Court Hearing Through Webex and General ProtocolDATED: 04.08.2020In continuation of the SOP (Standard Operating Procedure) dated 01....
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PM launches platform for Transparent Taxation
Prime Minister’s OfficePrime Minister Narendra Modi launches platform for ‘Transparent Taxation – Honouring the Honest’Tax system aims to be Seamless, Painless, Faceless : PMSays the number of taxpaye...