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Archive: 13 February 2022

Posts in 13 February 2022

Steps to mitigate negative impact of Covid-19 on small businesses

February 13, 2022 660 Views 0 comment Print

IMPACT OF COVID-19 ON SMALL BUSINESSES The Government has taken a number of recent initiatives under the Aatma Nirbhar Bharat Abhiyan to mitigate the negative impact of Covid-19 on small businesses in the country and to improve their financial and market access. Some of them are: i. Rs. 20,000 crore Subordinate Debt for stressed MSMEs. […]

CBDT advisory Regarding Fraudulent Appointment Letter

February 13, 2022 906 Views 0 comment Print

It has been brought to the notice of the Income Tax Department that some fraudulent persons are misleading candidates by issuing fake appointment letters for joining in the Income Tax Department.

CAAR closes application for advance ruling for non-prosecution by applicant

February 13, 2022 573 Views 0 comment Print

(The interest of state requires that there should be an end to litigation) dictate that a conclusion is arrived at in respect of the said transferred application, where the applicant has failed to pursue their application for obtaining an advance ruling. Hence, I order that the said application of M/s Allanasons Pvt. Ltd. be treated as closed on the ground of non-prosecution.

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