All posts tagged "CBDT"
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69ITRIncome Tax Department Hikes Threshold for Filing Appeals in Courts, Tribunal by Tax Officers
Tax authorities can file appeals before the ITAT, high courts and Supreme Court, if the disputed tax demand exceeds Rs 60 lakh,...
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39ITRRelief to taxpayers! CBDT enables online mechanism to resolve income tax disputes – Details inside
The e-Dispute Resolution Scheme (e-DRS) enables the taxpayer to file an application electronically for dispute resolution to the Dispute Resolution Committees (DRC)...
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46ITRI-T dept’s e-Dispute Resolution Scheme: Will the process become simpler and quicker?
The Central Board of Direct Taxes (CBDT) on August 30 rolled out its e-Dispute Resolution Scheme, by detailing the process to be...
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111ITRCBDT’s Dispute Resolution Scheme: Know how you can approach e-DRC to resolve your tax disputes
Under this scheme, taxpayers meeting specific criteria outlined in section 245MA of the Act can electronically submit an application to the designated...
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80ITRIncome Tax Act Review To Wrap Up In 6 Months, Says CBDT Chairman
The task of reviewing the Income Tax Act of 1961 will be completed in the given timeframe, CBDT Chairman Ravi Agrawal said...
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59NEWSIT Dept To Monitor Large Cash Payments At Hotels, Hospitals, Brand Stores; CBDT Asks ‘Non-intrusive’ Approach
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a “non-intrusive”...
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145ITRITR 2024: Can you flip your tax regime at this time of the financial year? Here are top points to note
Finance Minister Nirmala Sitharaman, in an effort to enhance the attractiveness of the New Tax Regime for salaried taxpayers, introduced two significant...
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67MUST KNOWHospital bills, weddings, medical college fees & high-end shopping on income tax dept’s watchlist
The taxman is stepping up surveillance on hospital, hotel, and high-end shopping bills as the Central Board of Direct Taxes (CBDT) intensifies...
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85ITRAttention Taxpayers! CBDT initiates investigation into foreign remittances surpassing Rs 6 lakh
The CBDT’s investigation focuses on potential discrepancies between the information provided by taxpayers and the records of foreign remittances. Read More: Fake...
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62MUST KNOWCBDT Eases TDS Rule In Cases Of Death Of Deductees Before Linkage Of Pan-Aadhaar
In view of the genuine difficulties being faced by the taxpayers, the CBDT issued the Circular dated 05.08.2024, and vide the same,...
