It adds refund will not be withheld simply because the case has been selected for scrutiny
Tax experts expect significant clarifications in the Budget to address double-taxation concerns
Govt had to give an option to domestic black money holders to declare their unaccounted wealth
Central Action Plan 2016-17 has fixed the target to collect 20% of the net demand
It also says that the number of such scrutiny cases given to each AO should be capped
CBDT had last year created a new setup in I-T establishment to put focus on taxpayers' grievances
According to the RBI, Rs 12.44 lakh cr was deposited in banks up to Dec 10
A directive in this regard has been issued by the CBDT
Board allays fears, clarifies that amount to be reported does not pertain to an aggregation of deals
PAN holder will be able to respond electronically and retain a copy of submitted response
Indirect transfer rules will apply to stock market investments as well, says taxmen's clarification
The Committee will submit its recommendations within a month
In a letter highlights its 'serious handicap' due to a manpower shortage
The income tax department has sought to allay fears of companies over reopening of earlier cases
The notification came after tax investigations unearthed the misuse of Jan dhan Accounts
Tax department have not been up to the mark in the recent past as inspections and reviews are important preventive vigilance functions
Direct tax collections till September grew about 9% to Rs 3.27 lakh crore
The rules take effect from June 1, 2016
CBDT has also asked CITs (A) to upload the data of all the appeals pending before them as on February 29, 2016
IIT graduate Chandra's tenure will last till May next year