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CBDT demotes four I-T officers over pending vigilance issues

Wednesday, June 12, 2019, 9:25 AM

A day after the government forcibly retired a dozen senior Income-Tax Department officials over charges of corruption, the CBDT demoted four officials on the basis of "pending" vigilance cases against them. The four officials have been demoted from the rank of Joint Commissioner of the I-T to the Deputy Commissioner rank, the Central Board of Direct Taxes (CBDT) order said.
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ITR filing deadline likely to be extended this year

Tuesday, June 4, 2019, 3:20 PM

The government is likely to extend the due date for filing income tax returns this year. The normal due date or deadline for filing ITRs by individuals is July 31. This is because the CBDT has just issued a notification extending the deadline for employers to file their TDS returns and also to issue Form-16 to employees to June 30th and July 10th respectively.
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No GST on TCS levied on goods, clarifies tax authority

Saturday, March 9, 2019, 8:54 AM

In a relief for the automobile sector, the government has clarified that no goods and services tax needs to be paid on tax collected at source (TCS) under the Income Tax Act. A clarification in this regard was issued by the CBIC after representation from the industry and consultation from the Central Board of Direct Taxes (CBDT).

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