The Latest Breaking News from Central Board of Direct Taxes

200 candidates handed over appointment letters

At Hyderabad's Rozgar Mela, 200 candidates from various departments received appointment letters from Union Minister Kishan Reddy. 84 from Postal Dept., 36 from State Level Bankers Committee, 25 from Central Board of Direct Taxes, 23 from Bharat Dynamic Limited, 11 from Ministry of Health & Family Welfare, 11 from Higher…

The Hindu · Sep 27, 2023

Did BBC India ‘confess to underreporting’ income? Unnamed officials contradict each other in reports

After Hindustan Times alleged BBC India had “confessed” to underreporting income, citing two unnamed officials, the New Indian Express quoted a third unnamed official saying the allegations did not seem correct.

Newslaundry · Jun 7, 2023

Confusion over selecting ITR form may end

NEW DELHI: The government may finally end the confusion over which form to select for filing income tax returns. On Tuesday, the Central Board of Direct Taxes (CBDT) woke up to the need to simplify life of taxpayers and floated a draft for public consultations.

The Times of India · Nov 1, 2022

30% tax on income from crytocurrencies to be applicable from April 1, TDS from July 1: CBDT chief

NEW DELHI: The proposed 30 per cent taxation on income from cryptocurrencies and other virtual assets will come into effect from April 1, Central Board of Direct Taxes chairman JB Mohapatra told news agency ANI on Thursday.

The Times of India · Mar 17, 2022

Crypto Tax Doesn't Legalize Trading: Indian Tax Department Chief

The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India.

Benzinga · Feb 2, 2022

I-T inspector, others booked for alleged fraudulent refund of ₹263 crore

Case has been registered on a complaint from the Central Board of Direct Taxes

The Hindu · Jan 27, 2022