ITR Filing Deadline: CBDT Cuts Condonation Of Delay Window To Five Years
The CBDT reduced the time frame for submitting the condonation of delay application in filing ITR by one year. One should ...
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ITR Filing: Disclose Your Foreign Income By Dec 31 To Avoid Penalties, Says CBDT Chairman
The official said that individuals who haven’t shared these details yet should do the same in their revised return for the ...
Taxpayers must disclose foreign income by Dec 31, says CBDT chairman
When asked about the progress in the income tax law review, the CBDT chief said that public consultation is ongoing and more ...
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Govt Set to Exceed Rs 22.07 Lakh Crore Direct Tax Collection Target: CBDT Chairman
The direct tax collection in India surged during the April-November period in the current fiscal year. The central government ...
Tax Guru12h
CBDT Launches Awareness Campaign on Foreign Asset Disclosure
Central Board of Direct Taxes (CBDT) has initiated a Compliance-Cum-Awareness Campaign for AY 2024-25 to assist taxpayers in accurately completing Schedule Foreign Assets (FA) and reporting foreign ...
Taxpayers With Foreign Income Or Assets Have Until December 31 To Correct Omissions: CBDT Chairman
Chairman, Ravi Agarwal, has urged taxpayers with foreign income or assets to take advantage of the opportunity to rectify any ...
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CBDT chief says direct tax collections may exceed budget targets
Ravi Agarwal, Chairman of the Central Board of Direct Taxes (CBDT) said that the uptick in economic activity is evident in ...
Will surpass direct tax target of Rs 22 lakh crore in FY25: CBDT Chairman Agarwal
The Union government is likely to surpass the direct tax target of Rs 22 lakh crore in the current fiscal year 2024-25, CBDT ...
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CBDT Launches Campaign To Assist Taxpayers Reporting Assets, Income from Foreign Sources in ITR
The Central Board of Direct Taxes (CBDT) has launched a compliance-cum-awareness campaign for assessment year (AY) 2024-25 to ...
CBDT Launches Compliance-Cum-Awareness Campaign For AY 2024-25 To Assist Taxpayers With Foreign Asset Reporting
The Central Board of Direct Taxes (CBDT) has launched a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to ...
CBDT launches campaign to enhance foreign asset reporting and simplify tax compliance
This campaign highlights the Income Tax Department’s efforts to simplify compliance using technology and data analytics. The ...
Tax Guru1d
CBDT Guidelines for Delay Condonation in Forms No. 9A/10/10B
Central Board of Direct Taxes (CBDT) issued Circular No. 16/2024 on November 18, 2024, establishing updated procedures for condonation of delays in filing Forms 9A, 10, 10B, and 10BB for Assessment ...