Showing results for "#CBDT"
Further selling by FPIs, more corrections in broader market likely
The trigger for the correction came mainly from the sustained selling by FIIs who have sold equity worth Rs 27,830 crore during the last five days, he...
ITR forms out in advance, seek foreign travel, passport details
The CBDT has issued two forms-ITR-1 and ITR-4 for the AY 2020-21. There are two major changes in the ITR Forms on house property.
TN-based educational group admits to having Rs 532-cr black money:...
A prominent Tamil Nadu-based educational group has "admitted" to having Rs 532 crore of undisclosed income after the Income Tax Department raided its...
Raids on Lalit hotels group, promoter led to Rs 1,000-cr black foreign...
The Income-Tax Department's searches on the Bharat Hotels group, that runs the chain of Lalit Hotels, has led to the detection of "undisclosed"...
CBDT issues orders to mitigate hardships to taxpayers
The government has extended the validity of all lower withholding tax orders secured by assessees by three months till June 30 to mitigate the...
10.2 lakh refunds worth Rs 4,250 cr made, says CBDT
In pursuance to the government decision to issue pending income-tax refunds up to Rs 5 lakh to help taxpayers in the Covid-19 pandemic time, the...
CBDT notifies modified IT return forms for FY 19-20
The Central Board of Direct Taxes (CBDT) has notified new Income Tax Return forms for the Assessment Year 2020-21 or the financial year 2019-20.The...
Employees can claim exemption on conveyance allowance under new I-T...
The new optional tax regime was announced in this year's budget, wherein income tax rates would be lower for the individual taxpayers given they forgo...