CBDT declared Angel Tax Relief for 541 startups

The Central Board of Direct Taxes (CBDT) has granted an Angel Tax…
CBDT

GIC Re approach CBDT seeking tax relief

The General Insurance Corporation of India (GIC Re) along with other general…

Senior citizens with Rs 5 lakh income qualify for TDS exemption

As per the Central Board of Direct Taxes (CBDT) notification, senior citizens…

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…