Notifications

CBDT has issued Instructions regarding revision of timelines and monetary limits as well as revision of workflow in the matter of recording of reasons before withholding of refunds u/s 245(2) or the Income tax Act, 1961.

CBDT Instructions on Revised Timelines and Limits for Withholding Refunds

News

The Income Tax Department has conducted raids on BRS candidate Miryalaguda and present MLA Nallamothu Bhaskar Rao, in Telangana.

Income Tax Department raids BRS candidate and sitting MLA, Nallamothu Bhaskar Rao

The Delhi Income Tax Appellate Tribunal upheld the treatment of advertising expenses as pass-through charges, which came as a comfort to BBC India.

ITAT rules in favour of BBC in transfer pricing case, rejects IT tax department appeals

The Central Board of Direct Taxes inaugurated the Lounge of the Taxpayers at the 42nd India International Trade Fair in the presence of CBDT's members and top officers of the IT Department in New Delhi.

CBDT Chairman inaugurates Taxpayers Lounge at 42nd India International Trade Fair

The Madras High Court ruled that a Co-operative Society can deduct income tax on interest revenue received from a Co-operative Bank.

Cooperative Society now can Claim Income Tax Deduction for Interest Income received from Cooperative Bank: HC

The Income Tax Officials searched seven residences associated with consultant Pradeep Reddy and realtor Narender Reddy and seized 7 crore in cash from the pair.

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CBDT Instructions on Revised Timelines and Limits for Withholding Refunds

Income Tax Department raids BRS candidate and sitting MLA, Nallamothu Bhaskar Rao

ITAT rules in favour of BBC in transfer pricing case, rejects IT tax department appeals

CBDT Chairman inaugurates Taxpayers Lounge at 42nd India International Trade Fair

Cooperative Society now can Claim Income Tax Deduction for Interest Income received from Cooperative Bank: HC

IT Department carried out Seach Operation at 7 Locations; Seized Rs. 7 Crores