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Archive: January, 2022

Posts in January, 2022

Guidelines for International Arrivals w.e.f. 11th January 2022

January 7, 2022 1812 Views 0 comment Print

This document provides protocols to be complied by international travellers as well as those to be followed by airlines and all points of entry (airports, seaports and land border). This Standard Operating Procedure shall be valid w.e.f. 11th January 2022 (00.01 Hrs IST) till further orders. Based on the risk assessment, this document shall be reviewed from time to time.

19 transfer/postings of officers in the grade of CIT

January 7, 2022 9084 Views 0 comment Print

Office Order No. 07 of 2022-Income Tax The following transfer/postings of the officers in the grade of Commissioners of Income Tax, are hereby ordered with immediate effect and until further orders:

18 transfer/postings of officers in JCIT/Additional CIT grade

January 7, 2022 3189 Views 0 comment Print

Office Order No. 06 of 2022-Income Tax- The following transfer/postings of the officers in the grade of Joint Commissioner/Additional Commissioner of Income Tax, are hereby ordered with immediate effect and until further orders:

Corrigendum to notification notifying Faceless Appeal Scheme, 2021

January 7, 2022 1461 Views 0 comment Print

CBDT has issued CORRIGENDUM Notification No. 02/2022- Income-tax to rectify mistake in  Notification No. 139/2021-Income Tax | Dated: 28th December, 2021 vide which Faceless Appeal Scheme, 2021 was notified. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 7th January, 2022 Notification No. 02/2022- Income-tax S.O. 90(E).—In the notification […]

Consultation paper for Review of SEBI (Collective Investment Schemes) Regulations,1999

January 7, 2022 1392 Views 0 comment Print

Objective of Consultation paper for Review of SEBI (Collective Investment Schemes) Regulations, 1999 is to seek comments / views from the public on the proposals that are intended to strengthen the regulatory framework for Collective Investment Schemes (CIS) as well as empower the Collective Investment Management Company (CIMC) to effectively discharge their responsibilities towards the investors of the schemes.

Disclosure obligations of high value debt listed entities for Related Party Transactions

January 7, 2022 3582 Views 0 comment Print

Since the provisions of Regulation 23 of the LODR Regulations would be applicable to high value debt listed companies also, it has been decided to Related Party Transactions disclosure obligations applicable to high value debt listed entities.

Request to Extend Due Dates for filing Tax & Transfer Pricing Audit

January 7, 2022 8922 Views 1 comment Print

Chamber of Tax Consultants has made a Request for Extension of Due Dates for filing Tax Audit and Transfer Pricing Reports to Smt. Nirmala Sitharaman, Hon’ble Finance Minister,Ministry of Finance. Full text of their representation is as follows:- The Chamber of Tax Consultants Date: 7th January, 2022 To, 1. Smt. Nirmala Sitharaman, Hon’ble Finance Minister, […]

Request to extend due date of Tax Other Audit Reports

January 7, 2022 5331 Views 0 comment Print

Tax Bar Association, Jodhpur has made a Request for extension of due date of Tax Audit Report and Other Reports for a month. Relevant Text of their representation is as follows:- TAX BAR ASSOCIATION JODHPUR (Rajasthan) Date: 07th January, 2022 To, Hon’ble Finance Minister. Ministry of Finance New Delhi Hon’ble Madam, Greetings of the Day! […]

Home Isolation Guidelines For Patients and Caregivers in Mumbai

January 7, 2022 1875 Views 0 comment Print

BMC had issued the Home Isolation guidelines earlier, which is now revised for patients and care givers to guide them during home isolation. This guidelines are based on Government of India’s guidelines dated 5.1.2022. The present guidelines are applicable to COVID-19 patients who have been clinically assessed and assigned as mild / asymptomatic cases of COVID-19.

Law Relating to Incriminating Evidence in Search and Surveys

January 7, 2022 14706 Views 2 comments Print

On the conclusion of search/survey, the assessment of preceding 6 years is reopened u/s 153A. As per the plain reading of 153A, the assessments earlier made in respect of these years stand abated i.e. shall stand nullified and new proceedings afresh would be done u/s 153A again.

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