CENTRAL BOARD OF DIRECT TAXES

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On consideration of the reports of disturbance of general life caused due to floods and heavy rains, the Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income Tax Act, 1961, hereby extends the ...
Central Board of Direct Taxes chairman S.S.N. Moorthy had said last week that Vodafone-like deals were being probed and a good number of them were being finalised to ensure the government does not lose its legitimate revenues. ...
The Central Board of Direct Taxes will issue guidelines to provide for the circumstances under which GAAR may be invoked. GAAR provisions will be invoked only in respect of an arrangement where tax avoidance is beyond a specified ...

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