CBDT Chairman Sushil Chandra appointed as Election Commissioner
Weeks ahead of the 2019 general election in April, CBDT Chairman Sushil Chandra, a 1980-batch Indian Revenue Service (IRS) official has been appointed as the election commissioner. An IIT alumnus, Chandra, prior to his new
Government Extends CBDT Chairman Sushil Chandra’s Tenure for 1 Year
The Appointments Committee of the Union Cabinet has today approved the extension in reemployment of the current Chairman of the Central Board of Direct Taxes ( CBDT ) Sushil Chandra for a further period of
Income Tax: Honest Taxpayers to get Reward soon
In a significant move, the Central Board of Direct Taxation (CBDT), the apex body for direct taxes in India, may soon frame policies for the Income Tax Department is evaluating a report that might reward
CBDT Chairman Sushil Chandra gets One – Year Extension
The present Chairman of the Central Board of Direct Taxes (CBDT) Sushil Chandra, got a one-year extension to continue in his post. He had taken over as chief of the Board, the apex policy making
Revenue Loss: CBDT Chief asks Officials to ‘Maximize’ Efforts to curb Tax Evasion
Unhappy with the present revenue collections, Shri Sushil Chandra, the Chairman of the apex direct tax body, the Central Board of Direct Taxes ( CBDT ) has asked the income tax officers to "maximize" their
Pramod Chandra Mody appointed as New CBDT Chairman
After Mr. Sushil Chandra appointed as Election Commissioner by the Central Government, IRS officer Pramod Chandra Mody on Friday took over as the new chairman of the Central Board of Direct Taxes (CBDT), the policy
CBDT Chief Asks Industries to become more Tax Compliant
Central Board of Direct Taxes (CBDT) chief Sushil Chandra said that the industries should take more initiative in paying tax more than the salaried class and help to build a tax compliant society and the
Income Tax Dept to proceed against Bogus Refund Claims
In a bid to prevent the bogus refund claims and evasion, the Income tax department is all set to launch some additional checks against persons who claimed a bogus refund based on fraudulent investments shown
Income Tax Dept may soon Launch Pre-filled IT Return Forms: CBDT
The Central Board of Direct Taxes (CBDT) may likely to launch a new Pre-filled Income Tax Return Forms for taxpayers, the CBDT Chief Sushil Chandra said. The new move aims to ease the compliance burden
Income Tax Dept to proceed against 80,000 People for not Filing Returns Post- Demonetisation
The Income Tax department will start proceeding against people who have not filed their returns post-demonetisation even after receiving notices from the department, a senior official said on Wednesday. After inaugurating a stall of the
Sushil Chandra replaces Rani Singh Nair; takes over CBDT as new Chairman
Shri Sushil Chandra, a senior IRS Officer, joined as Chairman of the Central Board of Direct Taxes yesterday morning. He had been Member (Investigation) in CBDT since December, 2015. “During his long and illustrious career in
CBDT Chief Asks Officials to Speed Up Tax Recovery Measures due to Low Collection [Read Letter]
Due to low tax collections, the Mr. Sushil Chandra, the current Chairman of the Central Board of Direct Taxes (CBDT), instructed the income tax officials to speed up the recovery measures and conduct more surveys
No Need to furnish any Bills or documents to claim the Standard Deduction: CBDT Chief
In the union budget 2018 presented by the Union Finance and Corporate Affairs Minister Arun Jaitley, yesterday proposed to allow a standard deduction of Rs. 40,000 in lieu of the present exemption. In respect of
Senior IRS Officer Sushil Chandra to be the next chief of CBDT
Senior Indian Revenue Service Officer Sushil Chandra appointed as the next chairperson of the Central Board of Direct Taxes(CBDT). The present chairman Rani Singh Nair will retire the end of this month. She was appointed
Income Tax Returns must be filed by End of March in AY
The Revenue Department with an aim to expedite tax compliance, proposes to make it mandatory for tax payers to file I-T returns as well as revised returns by March end of the assessment year (AY).