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CBDT: Issues guidelines for waiver of TDS default interest u/s 201(1A)(i), prescribes 3 classes for waiver

CBDT issues guidelines for waiver of interest  charged   u/s  201(1A)(i)  (which provides for interest @ 1% per month with respect to delay in

Mar 24,2017

Copy of Finance Bill, 2017 as passed by Lok Sabha

Copy of Finance Bill, 2017 as passed by Lok Sabha

Mar 23,2017

IT Dept. releases user manual on 'e-Filing Vault – Higher Security'

IT Dept. releases user manual on 'e-Filing Vault – Higher Security'

Mar 23,2017

Lok Sabha passes Finance Bill 2017 with amendments

Lok Sabha ​passes Finance Bill 2017 with amendments 

Mar 22,2017

Law Commission cites tax-evasion risk, recommends no exemption to minor's income clubbing u/s 64(1A)

Law Commission of India submits report on ‘Prospects of exempting income arising out of maintenance money of minor’; The report

Mar 22,2017

30+ amendments to Finance Bill, 2017 introduced in the Lok Sabha

Govt. proposes over 30 amendments to Finance Bill, 2017 relating to income tax; Proposes mandatory quoting of Aadhar in return of

Mar 22,2017

Finance Bill Amendments - Government moots merger of 7 Tribunals, uniform appointment rules

In major amendments to Finance Bill, 2017 introduced in Lok Sabha yesterday, Govt. proposes merger of 7 existing Tribunals into

Mar 22,2017

Copy of amendments to Finance Bill, 2017 as introduced in Lok Sabha

Copy of amendments to Finance Bill, 2017 as introduced in Lok Sabha

Mar 21,2017

Government moots reduction in cash transaction limit to Rs. 2 lakhs

Revenue Secretary Mr Adhia tweets that Government proposes amendment to the Finance Bill, 2017; Revenue Secretary states that the limit

Mar 21,2017

21% increase in returns filed, 98% of small taxpayers’ refunds issued: MoS Finance

Shri. Santosh Kumar Gangwar, Minister of State, Finance updates that total 4.21 Cr. income tax returns has been e-filed in

Mar 20,2017

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