CBDT Corner

CBDT revises format for Sec 142(1) notices to implement e-assessments

CBDT revises format for issue of notices u/s 142(1)(ii)&(iii), urges all AOs to use the revised format for the cases in e-assessment proceedings;

Mar 21,2018

CBDT raises red flag over 'irregularities' in CIT(A) orders, highlights CCIT's 'vicarious' liability

In an internal instruction issued, CBDT cautions Pr. CCITs / CCITs to conduct regular inspection of the quality and quantity

Mar 08,2018

CBDT: Notifies ‘Centralised Communication Scheme’ for issuing e-notices; No personal appearance required

CBDT notifies ‘Centralised Communication Scheme, 2018’ for centralised issuance of notices, in pursuance to Finance Act, 2017 amendment to Sec. 

Feb 26,2018

CBDT: New Form 10A for Trust registration provides for objects modifications, seeks Trustees' Aadhaar

CBDT amends Rule 17A and notifies new Form 10A for registration of a charitable or religious trust /institution in view

Feb 26,2018

Revised India- Kenya DTAA reduces tax-rate on dividend/ royalty /FTS, incorporates LOB-clause

Ministry of Finance notifies revised Double Taxation Avoidance Agreement (DTAA) between India and Kenya provisions of which will apply in

Feb 23,2018

India Iran sign tax treaty incorporating BEPS minimum standards

India signs tax treaty with Iran; The treaty will stimulate flow of investment, technology and personnel from India to Iran

Feb 17,2018

CBDT issues Explanatory Notes to the Provisions of the Finance Act, 2017

CBDT issues Explanatory Notes to the Provisions of the Finance Act, 2017

Feb 15,2018

CBDT relaxes e-assessment requirement in stations with limited bandwidth

CBDT directs that except for search related assessments, proceedings in other pending scrutiny assessment cases shall be conducted only through the

Feb 12,2018

CBDT pre-empts tax world's queries, issues 24 FAQs on LTCG regime

CBDT issues 24 FAQs on long-term capital gains (‘LTCG’) taxation proposed in Finance Bill, 2018; Clarifies that proposed regime applies

Feb 04,2018

CBDT: Amends tax return preparer scheme, modifies educational qualification/incentive payable

CBDT amends the Tax Return Preparer Scheme, 2006, [which seeks to assist small and marginal taxpayers in preparing and filing their tax returns];

Jan 22,2018