CBDT issues MAP Guidance for benefit of Taxpayers, Tax Practitioners, Tax Authorities and CAs of India and of Treaty Partners
The Central Board of Direct Taxes (CBDT) issued the detailed Mutual Agreement Procedure (MAP) Guidance for the benefit of stakeholders including all...
![Finance Ministry notifies CCI to disclose Information with Income Tax Department [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/CCI-Income-Tax-Department-CBDT-Taxscan.jpg "Finance Ministry notifies CCI to disclose Information with Income Tax Department [Read Notification]")
![CBDT again extends Due date of filing Income Tax Returns for FY 2018-19 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/CBDT-Income-Tax-Returns-Tax-Return-Taxscan.jpg "CBDT again extends Due date of filing Income Tax Returns for FY 2018-19 [Read Notification]")
Statement of Income of Investment Fund to unit holders u/s 115UB to be in Electronic Form: CBDT notifies Income-tax (18th Amendment) Rules, 2020 [Read Notification]
The Central Board of Direct Taxes (CBDT) Tuesday notified the amendment wherein the statement of income of investment fund to unitholders under section 115UB to be in electronic form. The CBDT...
![Statement of Income of Investment Fund to unit holders u/s 115UB to be in Electronic Form: CBDT notifies Income-tax (18th Amendment) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/CBDT-Statement-investment-fund-unitholders-Electronic-Form-Taxscan.jpg "Statement of Income of Investment Fund to unit holders u/s 115UB to be in Electronic Form: CBDT notifies Income-tax (18th Amendment) Rules, 2020 [Read Notification]")
Amount on which TCS not collected from buyer to be reported: CBDT notifies Income-tax (17th Amendment) Rules, 2020 [Read Notification]
The Central Board of Direct Taxes (CBDT) on Friday amended the Income-tax Rules, 1962, which came to be known as the Income-tax ( 17th Amendment) Rules, 2020. The Board seeks to amends Tax Collected...
![Amount on which TCS not collected from buyer to be reported: CBDT notifies Income-tax (17th Amendment) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/07/CBDT-Income-tax-Rules-Amendment-Taxscan.jpg "Amount on which TCS not collected from buyer to be reported: CBDT notifies Income-tax (17th Amendment) Rules, 2020 [Read Notification]")
ITAT deletes Addition since AO combined Value of Gold and Silver together, ignored CBDT Circular [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has recently deleted the addition made by the income tax department since it is found that the Assessing Officer while making the addition,...
![ITAT deletes Addition since AO combined Value of Gold and Silver together, ignored CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Gold-Silver-ITAT-Taxscan-1.jpg "ITAT deletes Addition since AO combined Value of Gold and Silver together, ignored CBDT Circular [Read Order]")
Finance Minister Nirmala Sitharaman lauds IT Department for being responsive to people as CBDT observes 160th Income Tax day
The Central Board of Direct Taxes (CBDT) and all its field offices across India today observed the 160th anniversary of Income Tax Day. In her message on the 160th Income Tax Day, Union Minister for...
SC refuses to stay Criminal Proceedings by IT Authorities against former Karnataka Minister D K Shivakumar
The Supreme Court on Monday refused to stay the criminal proceedings initiated by the IT authorities against former Karnataka minister and state Congress President D K Shivakumar for alleged recovery...
![TDS on Cash Withdrawals: CBDT clarifies on Validity of Exemption Notifications [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/07/TDS-Cash-Withdrawals-CBDT-Income-Tax-Taxscan.jpg "TDS on Cash Withdrawals: CBDT clarifies on Validity of Exemption Notifications [Read Circular]")