Post Views: 868 The CBDT issued revised instructions vide F.No.225/101/2021-ITA-II dated April 23, 2022 for the constitution and functioning of ‘Local Committees to deal with Taxpayers Grievances from High-Pitched Scrutiny Assessment’. The Central Board of Direct Taxes (the ‘CBDT’), by…
Post Views: 964 The Income Tax Department has issued Frequently Asked Questions dated September 27, 2022 for filing of Tax Audit Report in Form 3CA-CD/3CB-CD Question 1: What are the prerequisites for filing of Form 3CA-3CD/3CB-3CD? Resolution: The following are…
Post Views: 632 The income tax department is going into “new areas” of the economy to check tax evasion even as its investigation units are using analytics to sift through voluminous data on Indians holding assets abroad, CBDT Chairman Nitin…