Property-Holders who have never filed Income Tax Returns are under Scanner
In a significant move to crackdown black money, the Income Tax department is planning to pursue those property-holders who have never filed income tax...
![CBDT Issues Guidelines for Selection of Cases for Scrutiny for the year 2017-18 [Read Instruction]](https://www.taxscan.in/wp-content/uploads/2017/01/Re-Assessment-Taxscan.jpg "CBDT Issues Guidelines for Selection of Cases for Scrutiny for the year 2017-18 [Read Instruction]")
![Foreign Bank having Branch in India can claim Nil Deduction Certificate for Interest on securities covered under s. 193 of IT Act: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/10/TDS-TaxScan.jpg "Foreign Bank having Branch in India can claim Nil Deduction Certificate for Interest on securities covered under s. 193 of IT Act: CBDT [Read Notification]")
![Govt lays down procedure for intimating Aadhaar Number to IT Dept [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/03/Aadhaar.jpg "Govt lays down procedure for intimating Aadhaar Number to IT Dept [Read Notification]")
Transport, Power & Interest Subsidies received by the Industrial undertakings are Deductible u/ss 80-IB & 80IC of Income Tax Act: CBDT [Read Circular]
In a recent circular, the Central Board of Direct Taxes (CBDT) clarified that transport, power and Interest subsidies received by the Industrial Undertakings are deductible u/ss 80-IB & 80IC of...
![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 signs 5 Unilateral Advance Pricing Agreements with Indian Taxpayers raising the total number of APAs to 108
The Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance entered into five (5) Unilateral Advance Pricing Agreements (APAs) today, i.e., 27th October, 2016 with Indian...
Income Declaration Scheme: CBDT extends working hours to receive Declarations until Midnight of 30th Sept.
In order to facilitate the declarants who would like to file the declaration in paper form under the Income Declaration Scheme, 2016, the Central Board of Direct Taxes (CBDT) has issued instructions...
Income Declaration Scheme: RBI issues instructions to banks to allow payment of Tax under the Scheme in Cash [Read Circular]
The Income Declaration Scheme, 2016 provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. The Scheme has come...