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Central Board of Direct Taxes

Income Tax Returns filing deadline extended to August 31

The News Insight Jul 23, 2019

TNI Bureau: The Central Board of Direct Taxes (CBDT) extended the 'due date' for filing of Income Tax Returns from 31st July 2019 to 31st August 2019 in respect of certain categories of taxpayers who were liable to file their Returns by…

PAN to be mandatory for transactions above Rs.2 lakh

The News Insight Jan 1, 2016

In yet another bid to curb generation of black money, quoting of the income tax Permanent Account Number (PAN) would be mandatory for cash transactions above Rs.2 lakh from January 1, 2016. “The government received numerous representations…