Central Board of Direct Taxes Archives

As per procedure, ECI has directed the CBDT to check the affidavit and verify the mismatch if any

Elections

EC directs CBDT to probe Union Minister Rajeev Chandrasekhar’s Affidavit details...

PGurus Newsdesk - April 9, 2024 0

ED directs affidavit scrutiny of Rajeev Chandrashekhar after Congress files complaint of mismatch in assets After the Congress complaint to the Election Commission of India...

As many as 55,000 one-time cases were opened following a Supreme Court order

Finance

1 lakh notices sent over non-filing returns & misrepresentation of income,...

PGurus Newsdesk - July 25, 2023 0

Sitharaman says tax rates haven't gone up, but revenue has been rising steadily over the past three years Union Finance Minister Nirmala Sitharaman said that...

The move comes in the wake of searches conducted by Income Tax at the offices of the British broadcaster in New Delhi and Mumbai in February this year

Law and Order

Controversial documentary on Modi: After Income Tax, ED registers case against...

Team PGurus - April 13, 2023 2

ED steps in to register FEMA case against BBC’s India After the Income Tax raid, the Enforcement Directorate (ED) also registered a case on foreign...

The growth in direct tax mop-up, which comprises personal income tax and corporate taxes, was driven by Personal Income Tax (PIT) collections

Finance

India’s direct tax collections surge by 22.58% YoY to Rs.16.68 lakh...

PGurus Newsdesk - March 11, 2023 0

Net direct tax collections reach Rs.13.73 lakh crore; 83% of the revised estimate for FY23 On Saturday, the Central Board of Direct Taxes (CBDT) revealed...

The tax survey has also thrown up several discrepancies and inconsistencies with regard to transfer pricing documentation, says the I-T authorities

Law and Order

Income Tax authorities say income, profits of BBC not commensurate with...

Team PGurus - February 17, 2023 2

The three-day survey found many tax-linked irregularities at BBC, says the I-T dept The income and profits shown by various BBC group entities are "not...

Gross collection of direct taxes for 2022-23 stood at Rs.13,63,649 crore, registering a growth of 25.90%

Finance

Direct tax collections up 19.81% at Rs.11,35,754 cr till Dec 17

PGurus Newsdesk - December 19, 2022 0

India's direct tax collection grows 26% to Rs.13.63 lakh cr for FY23 Direct tax collections stood at Rs.11,35,754 crore, as on December 17, 2022, up...

One thing GOI loves to do - tax its citizens… Have they put enough thought into this or is it the case of killing the goose that lays golden eggs?

Banking

Income Tax Department says buyer to deduct TDS on peer-to-peer Cryptocoin...

Team PGurus - June 28, 2022 0

CBDT issues clarification on TDS provision applicable on transfer of VDAs Further tightening the Cryptocoin trading in India, the Income Tax Department on Tuesday said...