Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: articles on VAT and GST in India :: cpt :: empanelment :: due date for vat payment :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: TDS :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT
« News Headlines »
 How to file income tax returns online without having Form 16 in 10 simple steps
 Deadline For Filing Income Tax Return (ITR) Is Just 11 Days Away: 10 Latest Details To Know
  10 incomes you need not pay any tax on
 How To File Income Tax Returns In Three Steps By March 31, 2018
 10 things about income tax every taxpayer should know
 What to do if your TDS is not deposited with the government
 What if you forget to verify your Income Tax return?
 TDS on rent and other tax tasks to complete before March 31
 5 income tax changes which will come into effect from April 1, 2018
 Why you shouldn't be a last-minute tax filer
 How to calculate income tax for this assessment year on Moneycontrol

CBDT seeks undertaking to curb leakage of info on black money
January, 09th 2012

Any investigative agency or government department that wants the top secret information related to tax evasion and black money from the income tax department (I-T) for a probe, would now have to give a signed undertaking as a guard against any possible information leakage. 

The central board of direct taxes (CBDT) has recently ordered the investigation wing of I-T and the newly created directorate of criminal investigation (DCI) to take a signed undertaking from the agency seeking information from them.

The move is to ensure that the person or agency can be made responsible and accountable towards the confidentiality of the information shared by us and prevent from any possible leakage, a senior I-T official said.

According to a source, in the third week of December 2011, when one of the investigative agencies approached I-T department for a data on tax evasion and money stashed by a few individuals abroad, the latter reportedly asked the agency to procure it from the court and expressed its inability to share the same directly.

Finance minister Pranab Mukherjee during a discussion in Parliament had reiterated that disclosure of any name or data related to stashing of money abroad would violate confidentiality and agreements made through treaties. The issue was also discussed in the recently held International Tax Dialogue Global Conference.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions