![CBDT declares Tax Exemption to Chandigarh Building & Other Construction Workers Welfare Board, Maharashtra Electricity Regulatory Commission and BIS [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "CBDT declares Tax Exemption to Chandigarh Building & Other Construction Workers Welfare Board, Maharashtra Electricity Regulatory Commission and BIS [Read Notification]")
CBDT declares Tax Exemption to Chandigarh Building & Other Construction Workers Welfare Board, Maharashtra Electricity Regulatory Commission and BIS [Read Notification]
The central Bard of Direct Taxes (CBDT) recently notified exemption to the ‘Chandigarh Building and Other Construction Workers Welfare Board’, a board...
![Transport, Power & Interest Subsidies received by the Industrial undertakings are Deductible u/ss 80-IB & 80IC of Income Tax Act: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/08/Deduction-Taxscan.jpg "Transport, Power & Interest Subsidies received by the Industrial undertakings are Deductible u/ss 80-IB & 80IC of Income Tax Act: CBDT [Read Circular]")
![CBDT notifies Rules for Furnishing of Statement of Income distributed by Securitisation Trust [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "CBDT notifies Rules for Furnishing of Statement of Income distributed by Securitisation Trust [Read Notification]")
![Premium paid by the Firm on the Keyman Insurance Policy of a Partner is allowable as Business Expenditure: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-1.jpg "Premium paid by the Firm on the Keyman Insurance Policy of a Partner is allowable as Business Expenditure: CBDT [Read Circular]")
Black Money: India & Switzerland Signs ‘Joint Declaration’ for the implementation of Automatic Exchange of Information
Fighting the menace of Black Money stashed in offshore accounts has been a key priority area for the present Government. To further this goal, Mr. Sushil Chandra, Chairman, CBDT signed the‘Joint...
CAG slams Income Tax Dept for loss of 45000 crores by granting Irregular benefits to Infrastructure Companies
The Government auditor CAG today said that the Income Tax Department has granted irregular benefits to the infrastructure companies without verification, which resulted in resulted in a loss of 4500...
Demonetization - 7 years Punishment for persons using Other’s Bank Account to legalize Black Money; says IT Department
The Income Tax Department to levy penalty of 7 years imprisonment for persons depositing money in other’s account during the 50 day window period. Sources reveals that the Department has decided to...
India & UK Signs 3 Bilateral Advance Pricing Agreements taking the total number of APAs signed to 111
The Central Board of Direct Taxes (CBDT) signed three (3) Bilateral Advance Pricing Agreements (APAs) here today taking the total number of APAs signed [both- bilateral and unilateral] so far to 111....
![Black Money: PAN is Mandatory for Big Cash Deposits [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/07/PAN-Tax-Scan.jpg "Black Money: PAN is Mandatory for Big Cash Deposits [Read Notification]")