Monday, December 23, 2024

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Central Board of Direct Taxes

News Reports

3 senior IRS officers chargesheeted for creating uncertainty and panic by publishing unauthorised tax hike report, stripped of charge

OpIndia Staff -
One of the officers, Prashant Bhushan, is the general secretary of the IRS Association and his wife is a Congress MLA from Begusarai in Bihar.
News Reports

Record number of Income Tax Return filed in a single day, I-T dept to issue PAN if ITR filed with only Aadhaar

OpIndia Staff -
The dept will allot a fresh PAN to a person who files I-T Returns (ITR) with only Aadhaar as part of a new arrangement to link the two databases
Government and Policy

Government refutes reports of issue of en masse prosecution notice to TDS defaulters, says reports completely misleading

OpIndia Staff -
The taxation body claimed that a few defaulter firms are deliberately misleading the media to thwart action against themselves.
News Reports

Income Tax collection in the country reaches a new record, Rs 10.03 Lakh Crores in 2017-18

OpIndia Staff -
Direct Taxes collections this year have exceeded budget expectations.

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