Ravi Agrawal Appointed as CBDT Chief, Succeeds Nitin Gupta New Appointment in CBDT The Central Board of Direct Taxes (CBDT) has announced the appointment of Ravi Agrawal as its new chairman. Agrawal, a 1988-batch Indian Revenue Service (IRS) officer, will succeed Nitin Gupta, who completed his term on June 30, 2024. Career and Experience Ravi…
Income Tax Department Imposes ₹564.44 Crore Penalty on Bank of India The Income Tax Department has recently imposed a hefty penalty of ₹564.44 crore on Bank of India for alleged discrepancies in the reporting of income. This penalty comes as a result of an investigation into the bank’s financial records, conducted by the tax authorities….
TCA Ramanujam : Former Income Tax Chief Commissioner TCA Ramanujam passes away Former Chief Commissioner of Income Tax, TCA Ramanujam, passed away on April 22, 2023, in Chennai. He served as the Chief Commissioner of Income Tax for Chennai region from 2005 to 2010. He was also known for his contributions to the development of…
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