News

European Commission treads 'parallel' path on digital economy taxation; Seeks time-bound, meaningful progress

The European Commission (EU Commission) releases new EU agenda on digital economy taxation, expresses concern that 'patchwork unilateral measures' by

Sep 21,2017

CBDT: Proposes self-reporting mechanism for income estimates by companies & tax audit cases

CBDT proposes to insert new Rule 39A with a view to create a mechanism for self-reporting of estimates of current

Sep 19,2017

IT Department highlights new SARFAESI requirement to file attachment order with Central Registry

IT Department reminds IRS officers about changes in SARFAESI Act, 2002 (vide amendment in August, 2016), impacting the collection of taxes out

Sep 15,2017

MoU between MCA-CBDT for information exchange to curb shell company menace

Ministry of Corporate Affairs (‘MCA’) and Central Board of Direct Taxes (‘CBDT’) conclude a formal Memorandum of Understanding (‘MoU’) w.e.f.

Sep 14,2017

Brunei Darussalam signs the Multilateral Convention on Mutual Administrative Assistance in Tax Matters as 113rd jurisdiction

Brunei Darussalam signs the Multilateral Convention on Mutual Administrative Assistance in Tax Mattersas the 113rd jurisdiction to join the Convention ;

Sep 13,2017

BEPS tete-a-tete with OECD Tax Policy Director Pascal Saint-Amans

BEPS tete-a-tete with OECD Tax Policy Director Pascal Saint-Amans

Sep 05,2017

Union Law Minister R. S. Prasad inaugurates ITAT Surat Bench, draws ‘Laxman rekha’ between 'tax-planning' & 'tax-shield'

Union Law Minister R. S. Prasad inaugurates ITAT Surat Bench, draws ‘Laxman rekha’ between 'tax-planning' & 'tax-shield'

Sep 04,2017

Digital Economy Symposium dwells on tax technology disruption, blockchain revolution

Digital Economy Symposium dwells on tax technology disruption, blockchain revolution

Sep 04,2017

CBDT extends due date for filing return & tax audit report to Oct 31

CBDT extends due date for filing return of income as well as various reports of audit prescribed under Income-tax Act

Aug 31,2017

CBDT Chairman opens up on post-demonetisation game plan, data analytics & e-assessments...

CBDT Chairman opens up on post-demonetisation game plan, data analytics & e-assessments...

Aug 31,2017

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