Circular No. 6/2020 – Condonation of delay u/s 119(2)(b) of the IT Act, 1961 in filing of Return of Income for AY 2016-17, 2017-18 and 2018-19 and Form No. 9A and Form No. 10 – reg. Circular No. 06/2020-Income Tax F.No.197/55/2018-ITA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes […]
Article explains What is Search Report, Who Demands Search Report, Whether Search Report also includes information other than available over the MCA Portal, Why Banks emphasis more on Search Report, What Search Report Includes, How Search Report helps Banks to know about Property mortgaged with them and What Information is being given by Professional about […]
To address the issue of contractors going in default of contract obligations on account of delays in input shipments from China on account of Coronavirus. Dept. of Expenditure vide its O.M. dated 19.2.2020 has advised Ministries, disruption of supply chain due to spread of Coronavirus in China or any other country would be considered as […]
CBDT vide Notification No 11/2020 dated 13.02.2020 speaks out the following 3 things in respect of PAN becoming inoperative if not Linked with Aadhar by the 31st of March, 2020 –
It may be noted that under the erstwhile RoSL scheme that was in operation till 06.03.2019, the rebate was provided in exporter’s bank account based on budgetary allocation of MoT. However, under the RoSCTL and Additional Ad-hoc Incentive schemes, the rebate will be granted by DGFT in the form of electronic duty credit scrips similar to the scrips issued under MEIS.
As per the amendment, import of metallic scarp from the aforementioned safe countries/regions without PSIC can now be facilitated through Kattapulli Port as well. As a result, the total number of sea ports for imports of metallic scrap under para 2.54 of HTP have increased from 15 to 16. Government of India Ministry of Commerce […]
