CBDT Corner

CBDT's POEM clarification for India based regional HQ operations comes with GAAR rider

CBDT issues clarification on POEM applicability to multinational companies with regional headquarter structure wherein certain employees having multi-country responsibility or oversight

Oct 24,2017

CBDT: Issues draft notification for Trust registration under newly inserted Sec. 12A(1)(ab)

CBDT issues draft notification amending Rule 17A and Form 10A with a view to prescribe the manner and form for

Oct 23,2017

CBDT instruction provides relief in ITR-1 processing under Sec 143(1)(a) for 26AS/ Form 16 discrepancies

CBDT issues instruction clarifying processing of return furnished in Form ITR-1 with respect to information appearing in Form 26AS, Form

Oct 11,2017

CBDT launches e-assessment pilot in 7 cities for time-barring cases; Gives taxpayers 'opt-out' choice

IT department issues order covering various aspects of conducting scrutiny assessments electronically in cases which are getting barred by limitation

Sep 30,2017

CBDT: Provides modalities for challan corrections under PMGKY; Allows conversion to IDS payment

CBDT provides functionality to make corrections in the challans used for the purpose of the Pradhan Mantri Garib Kalyan Yojana

Sep 29,2017

CBDT targets to add 1.25 cr new return filers for widening of tax base

CBDT sets all-India target of adding 1.25 Cr new income-tax return filers during FY 2017-18 in an effort to widen

Sep 28,2017

CBDT: Notifies FIFA's income from organizing under-17 World Cup in India for Sec. 10(39) exemption purposes

CBDT notifies the Federation of International Football Association ('FIFA') 2017 under-17 Football World Cup as the international sporting event and

Sep 28,2017

CBDT: Clarifies on TDS on interest earned under capital-gains deposit scheme for deceased depositors

CBDT clarifies with respect to TDS on interest earned on deposits  made  under the  Capital Gains Accounts Scheme, 1988 in

Sep 13,2017

Rajaswa Gyan Sangam : PM Modi exhorts IRS officers to improve work culture, use data analytics

Rajaswa Gyan Sangam, 2017 concludes, Prime Minster Narendra Modi urges officers to improve their work culture and incorporate a sense

Sep 04,2017

Rajaswa Gyan Sangam, a joint CBDT & CBEC conference to be held on Sept 1 & 2, 2017

Rajaswa Gyan Sangam, a joint Conference of Central Board of Direct Taxes (CBDT) and the Central Board of Excise &

Aug 31,2017