The Income Tax Department will now accept Aadhaar Card as proof of identity and address for issuance of Permanent Account Number (PAN). The Central Board of Direct Taxes (CBDT) has issued NOTIFICATION NO. 96/2013 Dated: December 23, 2013 expanding the list of documents admissible as proof of identity and address by including Aadhaar Card.
The Central Bureau of Investigation has arrested a Sanjeev Ghei, Joint Commissioner of Income Tax Range – 2, Thane (Maharashtra) for demanding & accepting a bribe of Rs.3.5 Lakh.
Revenue from service tax has grown by over 300 times in past two decades. According to provisional figures the revenue from service tax touched about 1.32 lakh crore rupees in 2012-13, compared to 407 crore rupees earned in 1994-95, when service tax was introduced.
The Reserve Bank of India has today cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are exposing themselves to.
Candidates appearing in Foundation Examination for Dec’13 term are strictly advised to report at the respective examination centres at least one hour before the commencement of the examination i.e. at 9:00am for morning session and 1pm for afternoon session. Any candidate reporting later than the above time will not be allowed to appear the examination. […]
The Central Bureau of Investigation has arrested a Deputy Commissioner of Income Tax (IRS-2006 Batch), New Delhi in an ongoing investigation relating to alleged bribery case.
Further, the Committee, continuing with its efforts to update the members and also to partner the Government in its initiative, has come out with Handbook on Service Tax Voluntary Compliance Encourage Scheme, 2013. The Handbook has been hosted on Indirect Taxes Committee page of ICAI website and can be downloaded from http://220.227.161.86/31675idtc-STVCES-2013.pdf.
We are happy to announce that the Board of Studies and IT Directorate has developed an Online Registration Portal for GMCS, ITT and Orientation Programs on All India Basis for Registration/ Allocation of Batches for GMCS, ITT and Orientation Programs to facilitate the students to register from anywhere for any centre. However, in the First Phase “Faculty […]
Achievements and Initiatives Taken by the Central Board of Direct Taxes (CBDT) Helping in Facilitating the Tax Payers, Improving the Efficiency and Equity of the Tax System and Promoting Voluntary Compliance. Following are the major highlights/achievements made by the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance over a period of time especially during the last one year :
Salient features of the agreement with San Marino are: • The agreement is based on international standard of transparency and exchange of information. • The agreement provides for exchange of information that is foreseeably relevant to the administration and enforcement of the domestic tax laws.
