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ICSI clarifies on December 2021 Examination Enrollment

September 9, 2021 705 Views 0 comment Print

ICSI informed that submission of Examination Enrollment request for December 2021 Session will commence only after declaration of Result of June 2021 Exam Session held during 10th to 20th August 2021. The Enrollment process for December 2021 Exam Session will be active at least 15 days from the date of announcement of June 2021 Exam Result.

CBDT allows taxpayers an opportunity to file application for settlement

September 7, 2021 1512 Views 0 comment Print

In order to dispose off the pending settlement applications as on 31.01.2021, the Central Government has constituted Interim Board for Settlement vide Notification no. 91 of 2021 dated 10.08.2021.

Faceless Assessment: Authentication of electronic record – DSC requirement removed

September 6, 2021 3711 Views 0 comment Print

Requirement of using DSC removed for efiling of submissions in e-proceedings CBDT amends Income-tax Rules, 1962 to ease authentication of electronic records submitted in faceless assessment proceedings CBDT notifies Income Tax 14C related to Prescribed manner of authentication of an electronic record under electronic verification code under sub-clause (b) of clause (i) of sub-section (7) […]

Govt appoints Shri G. S. Pannu as President of ITAT

September 6, 2021 2238 Views 0 comment Print

Central Government is pleased to appoint Shri G. S. Pannu, Vice-President of the Income Tax Appellate Tribunal, as President of the Tribunal in officiating capacity with effect from the forenoon of 6th September, 2021, till the regular President is appointed or until further orders, whichever is earlier.

CBIC clarifies issues relating to Extension of timelines for application for revocation of cancellation of registration

September 6, 2021 6372 Views 0 comment Print

Clarification regarding extension of time limit to apply for revocation of cancellation of registration in view of Notification No. 34/2021-Central Tax dated 29th August, 2021 vide Circular No. 158/14/2021-GST | Dated: 6th September, 2021. File No. CBIC-20006/17/2021-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy […]

Procedure for handling Faceless Assessment transferred to Jurisdictional AO

September 6, 2021 21732 Views 0 comment Print

Procedure for handling of assessment by Jurisdictional Assessing Officers in respect of assessments/penalties transferred out of Faceless Assessment u/s 144B(8) of the Income-tax Act,1961/Faceless Penalty Scheme, 2021 respectively. F. No.225/97/2021 /ITA-II | Dated: 6th September, 2021 F. No.225/97/2021 /ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, […]

CBDT specifies scope/cases to be done under Faceless Assessment

September 6, 2021 15147 Views 0 comment Print

CBDT hereby directs that in addition to the cases in the Central Charges and International Taxation Charges, cases where pendency could not be created on ITBA because of technical reasons or cases not having a PAN, as the case may be, shall also be excluded from the purview of section 144B of the Act. F […]

CBDT notifies one more exception to Faceless Assessment Scheme

September 6, 2021 23805 Views 0 comment Print

CBDT notifies that Assessment Orders in cases where pendency could not be created on ITBA because of technical reasons or cases not having a PAN, as the case may be shall not be passed by the National Faceless Assessment Centre (NaFAC) u/s 144B of Income Tax Act, 1961. 

FM laid foundation stone today for office building of I-T Department

September 5, 2021 2016 Views 0 comment Print

Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance and Corporate Affairs laid foundation stone today for office building of Income Tax Department Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance and Corporate Affairs laid foundation stone on 5th September, 2021 for office building of Income Tax Department at plot No. 4, 5 and 6, Infantry […]

Income Tax searches in Delhi, Gujarat and Dadra

September 2, 2021 957 Views 0 comment Print

The Income Tax Department carried out a search and seizure operation on 01.09.2021 on a manufacturer and distributor of synthetic yarns and polyester chips having corporate office in Delhi and factories at Dadra & Nagar Haveli and Dahej.

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