NEW DELHI: The Central Board of Direct Taxes (CBDT) on Tuesday announced new guidelines aimed at providing relief to taxpayers regarding the waiver and reduction of interest payable under Section ...

The Central Board of Direct Taxes (CBDT) has implemented changes to income tax rules, providing greater convenience for ...

This extension is applicable to taxpayers who have global transactions and are needed to provide reports under Section 92E ...

The Central Board of Direct Taxes has now extended the deadline to December 15, 2024 for the assessment year 2024-25, an ...

The due date for filing returns under Section 139(1) of the Income-tax Act, 1961, for taxpayers required to submit a report ...

One of the key challenges highlighted was regarding tax deduction at source (TDS). The chamber raised concerns about how the ...

To speed up the comprehensive review of the decades-old Income-tax Act, the Central Board of Direct Taxes has instructed ...

Tax authorities have extended the income tax return filing deadline by another 15 days to December 15 for the financial year ...

The Indian Income Tax Department has urged taxpayers to file accurate returns detailing foreign assets and income. The ...

Aforesaid appeal filed by the Revenue for Assessment Year (AY) 2009-10 arises out of the order of Learned Commissioner of Income Tax, National Faceless Appeal Centre (NFAC), Delhi, [hereinafter “CIT ...

The initiative is particularly focused on those with high-value foreign assets who may have missed completing Schedule FA in their returns The Central Board of Direct Taxes (CBDT) has introduced a ...

The Central Board of Direct Taxes (CBDT) has decided to offer a discretionary waiver of interest on unpaid income tax dues arising from a demand notice — but set monetary limits on the relief to ...