The Central Board of Direct Taxes (CBDT) recovered ₹92,400 crore in outstanding tax for the financial year 2024-25 until ...

CBDT has maintained a consistent pace in concluding APAs, having signed 125 in FY 2023-24 and 95 in FY 2022-23. Notably, this year also saw the signing of India’s first-ever MAPA. Additionally, on ...

In today's era of digital banking, it becomes very important to deposit money in the bank account. Along with this, some ...

Recently, many taxpayers had complained that they had paid TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) on ...

This year also marks the highest number of APAs signed in a single financial year since the launch of the programme. 65 of ...

4. The CCIT or DGIT or PrCCIT, as the case maybe, examining an application for waiver of interest under this order shall pass a speaking order after providing adequate opportunity of being heard to ...

The Central Board of Direct Taxes (CBDT) signed a record 174 Advance Pricing Agreements (APAs) in the financial year 2024-25, ...

The CBDT clarified that if the deductor or collector has completed the payment on time, but a system delay led to a late deposit, the interest imposed will be waived.

Central Board of Direct Taxes signed a record 174 advance pricing agreements (APAs) in FY25 with taxpayers. APAs show ...

An APA helps taxpayers and tax authorities agree on how to price transactions between related companies in different countries ...

India faces challenges in recovering over Rs 5.91 lakh crore from 47,674 untraceable direct tax defaulters. Similarly, 60,853 ...

Income Tax Department informs a Parliamentary panel that 67% of Rs 43 lakh crore outstanding direct tax demand is difficult ...