News

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 13th August, 2020 S.O. 2745 (E). - In exercise of the powers conferred by sub-section (3A) of section 143 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the f..

Prime Minister Narendra Modi launches platform for “Transparent Taxation - Honouring the Honest” Tax system aims to be Seamless, Painless, Faceless : PM Says the number of taxpayers is significantly low with only 1.5 Crore paying taxes in a country of 130 Crore people Prime Mini..

F.No. 187/3/2020-ITA-I Government oF India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi-110001 Dated: 13th August 2020 1. With the launch of the Faceless Assessment Scheme 2019, the Income Tax department is moving towards minimal interface..

Honourable Prime Minister Sri Narendra Modi launched a platform for 'Transparent Taxation' for honoring honest taxpayers. The Prime Minister's launch of 'Transparent Taxation – Honoring the Honest' follows several major tax reforms in direct taxes in recent years. These inc..

Based on the credible information that few Chinese individuals and their Indian associates were involved in money laundering and hawala transactions through series of shell entities, a search action was mounted at various premises of these Chinese entities, their close confederates and couple of ban..

Honourable Prime Minister Sri Narendra Modi launched a platform for 'Transparent Taxation' for honoring honest taxpayers. The Prime Minister's launch of 'Transparent Taxation – Honoring the Honest' follows several major tax reforms in direct taxes in recent years. These inc..

The GST Portal has notified that the functionality to file a revocation application for cancellation of GST Registration has now been made available on the GST Portal. If the tax officer had rejected your application on or before the 12th of June, 2020 the application can now be filed again on the p..

Dear Professional Colleagues, The mammoth world with all its beautiful bounties, geographical riches, scientific innovations, exotic cultures and vast army of extraordinary human capital is one large family interconnected with the common goal for global health, peace, prosperity and progress. The..

Shri Girish Chandra Murmu assumed office as the Comptroller and Auditor General of India here today. He belongs to Indian Administrative Service of Gujrat cadre (1985 batch). Shri Murmu succeeds Shri Rajiv Mehrishi, who demitted office on Friday. Prior to this, Shri Murmu was the first Lieutenant Go..

MAP GUIDANCE/2020 F.No. 500/09/2016-APA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax and Tax Research Division-I APA-I Section New Delhi, dated the 7th August, 2020 Subject: Mutual Agreement Procedure (MAP) Guidance – Reg..