Demonenization; Cash transactions above 2 lakhs during the window-period must be shown in the IT Return
All cash payments of over Rs 2 lakh for paying loans and credit card bills during the 50-day period after the note ban will have to be disclosed in...
![Due Date for Furnishing PAN to Banks Extended to 30th June: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/07/PAN-Tax-Scan.jpg "Due Date for Furnishing PAN to Banks Extended to 30th June: CBDT [Read Notification]")
![No Limit on Cash Transactions through Banks: CBDT issues Notification [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/02/Donations.jpg "No Limit on Cash Transactions through Banks: CBDT issues Notification [Read Notification]")
Rule Mandating Quoting of Aadhaar for filing ITR & PAN Application is applicable to Resident individuals only; CBDT
Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides for mandatory quoting of Aadhaar / Enrolment ID of Aadhaar application form, for filing of return of income...
All Communications between the Income Tax Dept and the Taxpayer will be Conducted Online, says CBDT [Read Notification]
The Central Board of Direct Taxes (CBDT) today declared that all Income Tax department-related proceedings between the taxpayer and the taxman from the new fiscal will be conducted online. The Board...
![All Communications between the Income Tax Dept and the Taxpayer will be Conducted Online, says CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "All Communications between the Income Tax Dept and the Taxpayer will be Conducted Online, says CBDT [Read Notification]")
![CBDT issues Form to Opt for Concessional Tax under Patent Regime [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/04/Patent.jpg "CBDT issues Form to Opt for Concessional Tax under Patent Regime [Read Notification]")
Genuine Equity Deals will not Attract Capital Gain Tax: CBDT invites Suggestions on Draft Notification of STT Chargeability Rules
With a view to curb tax evasion through "sham transactions" in stock market and protect genuine ones, the CBDT today proposed to exempt specified deals from long-term capital gains tax in cases where...
![PMGKY Scheme: Form 1 can be filed by April 10th, If deposit made deadline [Read Circular]](https://www.taxscan.in/wp-content/uploads/2017/03/PMGKY-Scheme.jpg "PMGKY Scheme: Form 1 can be filed by April 10th, If deposit made deadline [Read Circular]")
