Tag Archives: CBDT

NEW DELHI: ED arrested two Chinese nationals in connection with their money laundering investigation Linked to an alleged hawala racket worth an estimated Rs 1000 crore which involved shell or dubious signatures, official sources said Sunday. The central investigative agency arrested Charlie Peng aka Luo Sang (42) and Carter Leeward …

The Income Tax Department has detected a tax evasion of more than 700 million rupees after it recently raided several locations of Chennai-based Chettinad Group, the CBDT and official sources said on Tuesday. “Highlights of the search include the seizure of 23 million rupees unaccounted for cash from various locations,” …

The Income Tax (TI) department on Wednesday raided a Tamil Nadu-based group that ran multiple educational institutions and the action had led to the detection of alleged tax evasion worth roughly ₹150 crore, the CBDT said today. Searches were carried out at 22 locations in Coimbatore, Erode, Chennai and Namakkal …

The CBDT said the deadlines have been extended in order to “give taxpayers more time to file income tax returns.” To allow more time for taxpayers to file Income Tax Returns (ITR) for the 2019-20 financial year, the government has further extended the due date for filing Income Tax Returns. …

NEW DELHI : The Central Board of Direct Taxes (CBDT) on Wednesday further extended the last date to file ITR for the 2019-20 fiscal year (2018-19 fiscal year). The date has been extended from September 30 to November 30, 2020. The IT department, in a statement, said the decision was …

New Delhi: The Income Tax Department issued a clarification on Saturday stating that there is no written reporting requirement for daily trading and the short-term sale or purchase of shares listed on income tax returns for the year of appraisal 2020-21. CBDT issues a clarification that there is no written …

Sharad Pawar said he received a tax notice about his election tax returns. New Delhi: The Election Commission has not instructed tax authorities to notify Maharashtra’s veteran leader Sharad Pawar, the electoral body said today, a day after the head of the Nationalist Congress Party (NCP) said the Tax Department …

[ad_1] According to the CBDT notice, the TDS on the amount paid or credited during the period from May 14, 2020 to March 31, 2021 will be deducted at the specified reduced rates. Aren’t you supplying PAN / Aadhaar for income tax purposes? The benefit of the last reduction in …

[ad_1] NEW DELHI : Non-resident Indians (NRIs) and foreign visitors held in India due to the suspension of air travel will not have to count the length of their extended stay when deciding on their state of fiscal residence, the government said on Friday. The Central Direct Tax Board (CBDT) …

[ad_1] NEW DELHI: The Central Board of Direct Taxes (CBDT) named three senior officials from the Indian Tax Service (IRS) on its charge sheet on Monday for creating political uncertainty and panic by publishing in an unauthorized manner. the report of ‘tax increase’ and ‘cheat’ young prosecutors. The three IRS …