CBDT Corner

CBDT announces local transfers / postings for 100+ Asst./Dy. CITs

CBDT announces local transfers/postings of 104 Assistant / Deputy Commissioners of Income-tax, with immediate effect  

May 19,2017

CBDT: Launches ‘Operation Clean Money’ portal, plans ‘targeted campaign’ in Phase II

CBDT today launches the portal of Operation Clean Money (https://www.cleanmoney.gov.in), Operation Clean Money was initiated on January 31, 2017 for

May 16,2017

CBDT releases draft ICDS on real-estate transactions, proposes deviations from ICAI guidance-note

CBDT releases draft Income Computation and Disclosure Standard (ICDS) on "Real Estate Transactions" for public consultation; The draft ICDS is based

May 11,2017

CBDT Chairman Sushil Chandra's term extended by 1 year

Appointments Committee of Cabinet approves proposal for re-appointment of Mr. Sushil Chandra as CBDT chairman for a period of one

May 09,2017

CBDT releases draft rules prescribing ‘unquoted shares’ valuation for purposes of Sec. 56(2)(x)/50CA

CBDT releases draft rules prescribing method of valuation of unquoted shares for the purpose of Sections 56(2)(x) and 50CA; CBDT invites

May 05,2017

CBDT announces modification in work distribution amongst members

CBDT announces modification in work distribution amongst its members with immediate effect; Mr. Gopal Mukherjee to hold charge as Member (Investigation), Mr. Rajendra Kumar

May 05,2017

CBDT notifies Form 10-IB for exercising concessional tax rate option u/s 115BA(4)

CBDT notifies new Rule 21AC and Form 10-IB for exercising option u/s.  115BA(4)  (which provides that a newly set-up domestic

May 05,2017

CBDT's major relief to industrial parks, SEZs; Clarifies lease-rentals not house-property income

CBDT puts to rest the controversy on 'house property' versus 'business income' classification for income from letting out of premises

Apr 25,2017

CBDT: Notifies Rule 17CB for taxation of trust’s accredited income u/s 115TD, effective from June’16

CBDT notifies new Rule 17CB for the purposes of Sec. 115TD (inserted vide Finance Act, 2016 which provides for taxation

Apr 25,2017

CBDT announces pan-India transfer of over 500 IRS officers

CBDT announces annual transfer for IRS officers; Orders inter-city transfers/postings of 136 Additional /Joint CITs and 383 Assistant / Deputy

Apr 24,2017

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