Daily Archives: October 1, 2015

Govt. receives 3770 crores under Black Money Act

Government of India Ministry of Finance Departmentof Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 1st October 2015 Subject: Declarations received and amount declared under the compliance window under the Black Money Act- regarding The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (the Act) has been enacted… Read More »

Form No 15G & 15H Simplification of procedure

Simplification of procedure for Form No 15G & 15H Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 30th September, 2015 Subject: Simplification of procedure for Form No 15G & 15H – regarding Tax payers seeking non deduction of tax from certain incomes are required to… Read More »

CBDT Comments on queries under Black money Act

CBDT Comments on queries under Black money Act   Various issues related to the Black Money (Undisclosed Foreign Income and Assets) and Imposition of the Tax Act, 2015 (hereinafter the Act) have been raised by various stakeholders since issue of Circular No.15 of 2015. Some of the concerns raised along-with the comments thereon are as… Read More »

Due date Extended for Punjab, Haryana, Chandigarh and Gujarat

Due date Extended by CBDT only in Punjab, Haryana, UT of Chandigarh and Gujarat Note : Due date Extended  subject to the outcome of any further appeal/SLP which the CBDT may file against the Judgments. F.No.225/207/2016/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, TA.II Division New Delhi… Read More »