CBDT amends audit reports for Charitable Trusts to increase scrutiny

The Central Board of Direct Taxes (CBDT) has drafted a notice to…

AMCs to handle offshore funds as fund managers, CBDT clarifies

The Central Board of Direct Taxes (CBDT) allowed asset management companies (AMCs)…

IT Department requires details on foreign donations received by trusts

The Income Tax Department on Tuesday proposed amendments to seek additional details…

CBDT introduced new changes to Form 16 for FY 2018-19

The tax-filing season is here and it is time for you to…

CBDT Deferred Disclosures on Tax Audit Reports by 1 Year

The Central Board of Direct Taxes (CBDT) plans to give businesses time…

Notices to harass small companies in masses are misleading, says CBDT

The Central Board of Direct Taxes (CBDT) has recently clarified that certain…

Benami Law causes havoc among companies as old deals resurface

The Indian tax authorities are swamped with requests from trade bodies to…

Corporate tax rates see no cuts

After the FY 2016’s budget, there were speculations that the tax rate…

CBDT to introduce pre-filled forms to make e-filing easier and quicker

If there is something that hassles taxpayers, it is getting the right…

CBDT amends PAN card rules

Central Board of Direct Taxes (CBDT) has recently amended the PAN card…