Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 March 31 deadline is getting near. How to save income tax with tax loss harvesting?
 45-day MSME payment rule: Impact and details of Section 43B(h) explained
 Small savings schemes that offer tax benefits of up to Rs 1.5 lakh under section 80C
 RE-OPENING OF CORRECTION WINDOW FOR MAY 2024 CA EXAMINATIONS
 Powerful Upgrades, Tally 12+1 months renewal Plan and Connected Services for your growing Business - March 2024
 How innovative solutions can help fix the Sec 43B conundrum for MSMEs
 Income Tax dept asks many individuals to explain high value transactions of FY20-21 as Updated ITR deadline nears
 Release Notes for TallyPrime and TallyPrime Edit Log Release 4.1 | What s New!
 Deadline to file updated ITR FY20-21 ends on March 31: Details on additional tax
 4 tax-planning mistakes to avoid this season
 ITR 2024: Here are 8 ways by which senior citizens can save on taxes this year

Central Board of Direct Taxes to hold high-level tax collection meeting next week
December, 19th 2014

The newly-constituted CBDT will hold its first meeting next week to review revenue collection work under the direct taxes category which includes income tax and corporate tax.

The Central Board of Direct Taxes, the administrative authority of the Income Tax department, is scheduled to hold a video conferencing from North block here between members of the board and top officers of the tax department from across the country on December 22, officials said.

A major reshuffle had been effected in the CBDT recently in which the newly-appointed four members were allocated their charges and work area. One member has been working in the board earlier.

The next week's meeting will be chaired by CBDT Chairperson Anita Kapur along with the five members.

"The CBDT has asked all Chief Commissioners, Directors General, I-T Commissioners (TDS) and those in the international taxation units to attend the meeting. This is the first meeting being taken by the board after new members have been appointed and distributed their charges recently," a senior official said.

The official said the meeting will not only discuss various issues and challenges facing the tax collection work but will also take forward the decisions of a similar meeting which was chaired by Finance Minister Arun Jaitley in October on the same subject.

The government has fixed direct tax collection target of over Rs 7,36,221 crore for 2014-15, which is 15 per cent higher than the revised estimates of the last fiscal.

Under the direct taxes category, the I-T department collects personal tax, corporate tax and wealth tax.

The CBDT has six members apart from the chairperson and is responsible for framing policy and administrative issues related to direct taxes and the Income Tax department.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting