![CBDT Chief Asks Officials to Speed Up Tax Recovery Measures due to Low Collection [Read Letter]](https://www.taxscan.in/wp-content/uploads/2017/05/Sushil-Chandra.jpg "CBDT Chief Asks Officials to Speed Up Tax Recovery Measures due to Low Collection [Read Letter]")
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...
![ITAT Dismisses Revenue’s Plea since CBDT Circular is Binding on Them [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "ITAT Dismisses Revenue’s Plea since CBDT Circular is Binding on Them [Read Order]")
Govt. clarifies India’s Position on Acceptance of MAP and Bilateral APA in cases of countries where Article 9(2) of OECD Model Tax Commentary is Absent
A number of references have been received from time to time regarding the acceptance of applications pertaining to Transfer Pricing MAP cases and Bilateral Advance Pricing Agreements (APAs) where the...
![CBDT Circular Specifying Tax Effect Applies to Pending Appeals: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "CBDT Circular Specifying Tax Effect Applies to Pending Appeals: Supreme Court [Read Judgment]")
CBDT comes up with Stringent Norms for Scrutiny of Revised / Belated Returns filed Post-Demonetisation [Read Letter]
With a view to tackle black money holders, who tried to misuse the provisions for revising return or belated return after demonetisation, the Central Board of Direct Taxes (CBDT) has issued stringent...
![CBDT comes up with Stringent Norms for Scrutiny of Revised / Belated Returns filed Post-Demonetisation [Read Letter]](https://www.taxscan.in/wp-content/uploads/2017/04/Income-Tax-Return-Taxscan.jpg "CBDT comes up with Stringent Norms for Scrutiny of Revised / Belated Returns filed Post-Demonetisation [Read Letter]")
Finance Ministry releases of Draft Notification on Conversion of Indian Branch of Foreign Bank into Indian Subsidiary Company
Comments/suggestions of Stakeholders sought on Draft Notification by 30th November, 2017. The Ministry of Finance has released Draft of Proposed Notification under Section 115JG (1) of the Income...
Income from House Property in Kenya not Taxable, CBDT notification or Circular can’t alter DTAA Provisions: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal has recently held that income from house property from abroad is not taxable. The assessee in the instant case was being a public sector bank,...
![Income from House Property in Kenya not Taxable, CBDT notification or Circular can’t alter DTAA Provisions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "Income from House Property in Kenya not Taxable, CBDT notification or Circular can’t alter DTAA Provisions: ITAT [Read Order]")