CBDT

Request to cancel Section 143(1) intimations Levying Double Tax

Income Tax - Request To Cancel or Withdraw Notices / Reissue Amended Intimations Issued Under Section 143(1) of The Income Tax Act, 1961, Which Are Creating Unnecessary Hardship And Levying Double Tax on The Taxpayers Dated: 20.07.2022 To, The Hon’ble Finance Minister, Smt. Nirmala Sitharaman, Department Of Revenue, Ministry Of Finance, Room No. 134...

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Why should I pay tax?

Income Tax - Some people raise the question 'Why should I pay tax? They argue: I have to pay for my food, for my house, for my travel, for my medical treatment, for owning a vehicle not only cost of vehicle but also vehicle tax and what not. Even on many roads, one has to pay toll tax! They also say that if we compare with countries like USA and UK,...

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Master File and CbCR related Forms in India

Income Tax - CBDT) has issued the final rules pertaining to Master File (MF) and Country by Country reporting (CbCR) on 31st October 2017. This is an outcome of the OECD/G20 BEPS Action Plan 13. India has been an active participant of the OECD BEPS (Base Erosion and Profit Shifting) project....

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Social welfare charges on customs

Income Tax - The Central Board of Indirect Taxes and Customs (‘CBIC’) has put a rest to the controversy with respect to the levy of Social Welfare Surcharge (‘SWS’) on the goods exempted from the basic customs duty. In a recent Circular No. 03/2022 dated 01.02.2022 (‘Circular’), the CBIC has issued a clarification...

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Detailed analysis of GST Notifications issued on 29th August 2021

Income Tax - Detailed Analysis of GST Notifications issued on 29th August, 2021 for Amnesty Scheme & Extension of time-limit to apply for revocation in certain cases 1.0 Late Fees Amnesty Scheme in respect of GSTR 3B for the period July, 2017 to April, 2021 increased from 31st August, 2021 to 30th November, 2021 [NN 33/2021 – CT […]...

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IRS officer Nitin Gupta appointed as New CBDT Chairman

Income Tax - The Appointments Committee of the Cabinet has approved the appointment of Shri Nitin Gupta, IRS (IT:86), Member, Central Board of Direct Taxes (CBDT) as Chairman, Central Board of Direct Taxes (CBDT) from the date of charge of the post....

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Govt releases Income Tax e-book ‘Pratidhwani’

Income Tax - The e-book Pratidhwani showcases policy initiatives and changes in Income Tax Department and growth of nation through the lens of Department’s outreach programmes during the period 2000 to 2022....

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Govt releases CBDT’s e-book ‘Aarohan’

Income Tax - CBDT e-book Aarohan gives an overview of major reforms in Income Tax Department & showcases the contribution of different batches of Indian Revenue Service to tax administration since Independence....

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CBDT signs 62 Advance Pricing Agreements in FY 2021-22

Income Tax - CBDT has entered into 62 Advance Pricing Agreements (APA) in FY 2021-22 with Indian taxpayers. This includes 13 Bilateral APAs (consequent to Mutual Agreement between India and its treaty partners) and 49 Unilateral APAs....

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CBDT advisory Regarding Fraudulent Appointment Letter

Income Tax - It has been brought to the notice of the Income Tax Department that some fraudulent persons are misleading candidates by issuing fake appointment letters for joining in the Income Tax Department....

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CBDT grace marks policy not applies to person who passed in his own category: SC

Union of India Vs Mukesh Kumar Meena (Supreme Court of India) - Union of India Vs Mukesh Kumar Meena (Supreme Court) it is observed that the CBDT introduced the grace marks policy with the purpose of enabling the marginally failing candidates to pass in the examination. Once the respondent – original applicant passed in his own category, there was no question ...

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CBDT cannot extend time to claim deduction under section 54F

Shivinder Singh Brar, Karta (HUF) Vs. CBDT (Punjab and Haryana High Court) - Where assessee was precluded from construction of new house due to prohibition of construction in his area then assessee could seek relaxation in terms of section 119(2)(c) at time of claiming deduction under section 54F and such claim could be made only within time period, as prescribed under Act f...

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CBDT to provide details of No. of Tax Audit & Auditors to RTI Applicant

CBDT has provided Tax Audit Data to ICAI based on the returns e-filed during the financial year 2010-11. This has been published in one of the leading Private Website for CAs on 16th day of November 2011. ...

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TDS on Hotel Room Rent & Other Facilities?

The East India Hotels Ltd Vs Central Board of Direct Taxes (Bombay High Court) - TDS on the charges you pay to a Barber? The word ‘carrying out any work’ in section 194C is limited to any work which on being carried out culminates into a product or result. The word ‘work’ in s.194C is limited to doing something with a view to achieving the task undertaken or carry out an...

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Appellate authority cannot refuse to grant opportunity of hearing to petitioning assessee to defend order passed by original authority at instance of assessee

S. Venkataramani Vs. CBDT (Madras High Court) - In all fairness, while hearing an appeal from the original authority, the CIT, the CBDT who is the appellate authority cannot deny the reasonable opportunity of hearing to the petitioning assessee at whose instance the impugned order came to be passed and which has become the subject-matter of appea...

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IRS officer Nitin Gupta appointed as New CBDT Chairman

No.31/1/2022-EO(SM-II) - (25/06/2022) - The Appointments Committee of the Cabinet has approved the appointment of Shri Nitin Gupta, IRS (IT:86), Member, Central Board of Direct Taxes (CBDT) as Chairman, Central Board of Direct Taxes (CBDT) from the date of charge of the post....

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CBDT corrects its mistake in Notification Numbering

Notification No. 13/2022-Income Tax (S.O. 573(E)) - (10/02/2022) - CBDT has issued a Notification on 27.01.2022 and by Mistake numbered it as Notification No. Notification No. 12/2022-Income Tax while it already issued a notification with similar Number on 25.01.2022. CBDT has now corrected its Mistake and numbered Notification issued by it on 27.01.2022 as Notific...

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Office Order pursuant to CBDT Order No. 304 of 2021 dated 08.11.2021

Order No. 304 of 2021 - (24/01/2022) - Office Order pursuant to CBDT Order No. 304 of 2021 dated 08.11.2021- In pursuance to the above and in exercise of the powers conferred by Explanation to sub-section (1) of section 120 of the Income-tax Act, 1961 as also section 59 of the Prohibition of Benami Property Transactions Act, 1988 (45 of ...

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Section 10(46) exemption to International Financial Services Centres Authority

Notification No. 3/2022-Income Tax (S.O. 145(E)) - (11/01/2022) - Vide Notification No. 3/2022-Income Tax | Dated: 11th January, 2022 CBDT notifies Tax Exemption to ‘International Financial Services Centres Authority’, Gandhinagar, Gujarat, an authority constituted under sub-sections (1) and (3) of section 4 of the International Financial Services Centres Auth...

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Govt promotes 143 IRS officers to the grade of JCIT

Office Order No. 352 of 2021 - (30/12/2021) - President is pleased to appoint 143 officers of Indian Revenue Service to the grade of Joint Commissioner of Income Tax (JCIT) purely on ad-hoc basis in Level-12 in the pay matrix Rs.78 ,800-2,09,200/-, w.e.f. 01.01.2022...

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Recent Posts in "CBDT"

Request to cancel Section 143(1) intimations Levying Double Tax

Request To Cancel or Withdraw Notices / Reissue Amended Intimations Issued Under Section 143(1) of The Income Tax Act, 1961, Which Are Creating Unnecessary Hardship And Levying Double Tax on The Taxpayers Dated: 20.07.2022 To, The Hon’ble Finance Minister, Smt. Nirmala Sitharaman, Department Of Revenue, Ministry Of Finance, Room No. 134...

Read More
Posted Under: Income Tax | ,

IRS officer Nitin Gupta appointed as New CBDT Chairman

No.31/1/2022-EO(SM-II) 25/06/2022

The Appointments Committee of the Cabinet has approved the appointment of Shri Nitin Gupta, IRS (IT:86), Member, Central Board of Direct Taxes (CBDT) as Chairman, Central Board of Direct Taxes (CBDT) from the date of charge of the post....

Read More

Why should I pay tax?

Some people raise the question 'Why should I pay tax? They argue: I have to pay for my food, for my house, for my travel, for my medical treatment, for owning a vehicle not only cost of vehicle but also vehicle tax and what not. Even on many roads, one has to pay toll tax! They also say that if we compare with countries like USA and UK,...

Read More
Posted Under: Income Tax |

Govt releases Income Tax e-book ‘Pratidhwani’

The e-book Pratidhwani showcases policy initiatives and changes in Income Tax Department and growth of nation through the lens of Department’s outreach programmes during the period 2000 to 2022....

Read More
Posted Under: Income Tax |

Govt releases CBDT’s e-book ‘Aarohan’

CBDT e-book Aarohan gives an overview of major reforms in Income Tax Department & showcases the contribution of different batches of Indian Revenue Service to tax administration since Independence....

Read More
Posted Under: Income Tax |

CBDT grace marks policy not applies to person who passed in his own category: SC

Union of India Vs Mukesh Kumar Meena (Supreme Court of India)

Union of India Vs Mukesh Kumar Meena (Supreme Court) it is observed that the CBDT introduced the grace marks policy with the purpose of enabling the marginally failing candidates to pass in the examination. Once the respondent – original applicant passed in his own category, there was no question of allowing/granting him any further gra...

Read More

Master File and CbCR related Forms in India

CBDT) has issued the final rules pertaining to Master File (MF) and Country by Country reporting (CbCR) on 31st October 2017. This is an outcome of the OECD/G20 BEPS Action Plan 13. India has been an active participant of the OECD BEPS (Base Erosion and Profit Shifting) project....

Read More
Posted Under: Income Tax |

CBDT signs 62 Advance Pricing Agreements in FY 2021-22

CBDT has entered into 62 Advance Pricing Agreements (APA) in FY 2021-22 with Indian taxpayers. This includes 13 Bilateral APAs (consequent to Mutual Agreement between India and its treaty partners) and 49 Unilateral APAs....

Read More
Posted Under: Income Tax |

CBDT advisory Regarding Fraudulent Appointment Letter

It has been brought to the notice of the Income Tax Department that some fraudulent persons are misleading candidates by issuing fake appointment letters for joining in the Income Tax Department....

Read More
Posted Under: Income Tax |

CBDT corrects its mistake in Notification Numbering

Notification No. 13/2022-Income Tax (S.O. 573(E)) 10/02/2022

CBDT has issued a Notification on 27.01.2022 and by Mistake numbered it as Notification No. Notification No. 12/2022-Income Tax while it already issued a notification with similar Number on 25.01.2022. CBDT has now corrected its Mistake and numbered Notification issued by it on 27.01.2022 as Notification No. 12/2022-Income Tax. MINISTRY O...

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