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| « Latest Circulars » |
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| Open DEMAT Account in 24 hrs | CORRIGENDUM TO TRADE NOTICE NO. 06/2026-CENTRAL TAX-Territorial re-organization of Divisions and Ranges within the jurisdiction of CGST & CX, Ahmedabad South Commissionerate | FORM OF DECLARATION UNDER SUB SECTION (1) OF SECTION 214 OF THE FINANCE ACT, 2016 (28 OF 2016), IN RESPECT OF INDIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 | MINISTRY OF FINANCEDEPARTMENT OF REVENUE NOTIFICATIONNo. [02/2026]1 – Central Tax | NOTIFICATIONNo. 03/2026–Central Tax CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS | Notification No. 04/2026– Central Tax Central Board of Indirect Taxes and Customs | Central Board of Indirect Taxes and CustomsNotification No. 05/2026–Central Tax | Seeks to amend notification No. 5/2017- Central Tax dated 19th June, 2017 | Seeks to amend notification No. 5/2017- Central Tax dated 19th June, 2017 | Seeks to amend notification No. 5/2017- Central Tax dated 19th June, 2017 | TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION | Seeks to amend notification No. 27/2018- Integrated Tax (Rate) dated 31st December, 2018 |
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| « CBDT Order of Extension... | Tax lingo poses challenge... » |
Decision on CBDT draft instruction soon |
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| July, 04th 2006 |
The government is considering the comments received from various quarters on the CBDTs controversial draft instructions which proposed to distinguish between an investor in stocks and a trader in stocks for the purpose of taxation, CBDT chairman MH Kherawala has said. The last date for submitting comments on the draft instructions was June 15. Replying to a query, she said the government had received a large number of comments on the draft and these were under consideration. Through the draft, CBDT had sought to ambiguity over defining stock market income. It was purportedly designed to prevent market players from offsetting trading income against other business income to evade capital gains tax.
The official said the government had received a large number of suggestions on the proposal to shunt out direct tax exemptions. On these, a final view would emerge only later. The government had been receiving about 10,000 responses every day on the proposals.
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