« Top Headlines » Open DEMAT Account in 24 hrs  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16) «  CA syllabus to be revamped... First large tax-payer unit from October 1... » CBEC`s reforms survey for a bit of soul searching July, 18th 2006 When was the last time you heard a government department deciding to conduct a perception survey of its functioning?    That is just what the Central Board of Excise and Customs is planning to conduct a survey in order to assess how traders and taxpayers view the reforms undertaken by the board since 2000-01.    The board, which is expected to vet the proposal soon, will outsource the survey to an agency with expertise in the area.    The survey will cover all reforms, including automation and simplification of procedures in excise, Customs and service tax since 2000-01.    It will cover large, medium and small traders and taxpayers.    Finance ministry officials said the survey would also attempt to seek inputs from respondents on the measures required to further improve the indirect tax system.    While the CBEC is gearing up for the survey, the Central Board of Direct Taxes is working on strengthening its new directorate of income tax business process re-engineering.    The business process re-engineering will perform functions relating to planning, development and analysis of improvements in the work and processes of the tax department.    It will use the information base available with field formations and consultants for this purpose.    The directorate will focus on five strategic areas pre-assessment processes which deal with assessment, compliance and processing of returns and documents at an accurate and fast pace; assessment processes which have to do with covering operations that enforce Indian tax laws and Acts as a deterrent against default, avoidance and evasion; post-assessment processes that cover collection of tax and recovery; appellate processes that help in avoiding disputes relating to tax assessments, and finally, enabling processes that deal with information technology and other resources needed to work on strategic areas.    The new directorate has already invited bids from international consultants to help it re-work existing tax procedures.    The bids, which closed recently, have been invited a second time around after the BPR received just one bid in its first attempt in December last year. Officials said the BPR had received around eight-to-nine bids.    The re-engineering exercise would introduce changes to the existing systems gradually and systematically in incremental phases, officials said.