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Consultative paper on e-voting facility provided by listed entities

March 6, 2020 3234 Views 0 comment Print

There are multiple e-voting service providers (ESPs) providing e-voting facility to listed entities in India. This necessitates registration on various ESPs and maintenance of multiple user IDs and passwords by shareholders.

Extension of ad-hoc appointments of 213 ACsIT

March 5, 2020 2172 Views 0 comment Print

CBDT Extends ad-hoc appointments of the 213 Assistant Commissioners of Income Tax (ACsIT) Vide Office Order No. 46 of 2020 Dated 05th March, 2020.

CBIC notifies Rate of Exchange of Foreign Currencies wef 06.03.2020

March 5, 2020 1197 Views 0 comment Print

Exchange Rate Notification No. 20/2020-Customs (NT) dated 5th March, 2020 Notifying Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 6th March, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 20/2020–Customs (N.T.) New Delhi, dated the 5th March, 2020 15 Phalguna 1941 (SAKA) […]

Inspector of central excise, customs & service tax sentenced in a bribery case

March 5, 2020 1506 Views 0 comment Print

The Special Judge, CBI cases, Ernakulam (Kerala) has sentenced Shri A. Antony George, then Inspector of Central Excise, Customs and Service Tax, Cochin, to undergo two years Rigorous Imprisonment with fine of Rs. 4 lakh in a bribery case.

Indian Institutes of Information Technology Laws (Amendment) Bill, 2020

March 4, 2020 1269 Views 0 comment Print

The Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 was Introduced in Lok Sabha on 04th March 2020. Indian Institutes of Information Technology Act, 2014 was enacted in pursuance of a scheme approved by the Government to set up twenty Indian Institutes of Information Technology in Public-private Partnership mode. Fifteen such institutes were incorporated […]

Draft Standard on internal audit (SIA) 140- Governance

March 4, 2020 2211 Views 0 comment Print

Governance is a key concept in Internal Audit and this Standard seeks to clarify both, the concept and the responsibility of the Internal Auditor, Management, and other Stakeholders, with respect to governance, keeping in mind their legal, regulatory, and professional obligations.

More than 81% A/c holders are Women under Stand Up India Scheme

March 4, 2020 2694 Views 1 comment Print

More than 81% account holders are Women under Stand Up India Scheme. MUDRA: 70% of the total loan borrowers are Women. PMJDY: 20.33 crore women beneficiaries out of total 38.13 crore beneficiaries. APY: More than 93 lakh women subscribers (43%) out of a total of around 2.15 crore subscribers. Under PMJJBY & PMSBY , Over 40% women member enrollments.

GST AAR cannot condone delay after expiry of 30 days for filing appeal: AAAR

March 3, 2020 2535 Views 0 comment Print

In re The Deputy Conservator of Forests (GST AAAR Karnataka) The GST appellate authority for advance ruling dismissed the appeal filed by the appellant on grounds of time limitation. It is evident that this Appellate Authority being a creature of the statue is empowered to condone a delay of only a period of 30 days […]

Notification No. 18/2020-Customs (N.T./CAA/DRI), Dated: 03.03.2020

March 3, 2020 771 Views 0 comment Print

Appointment of CAA by DGRI- Notification No. 18/2020-Customs (N.T./CAA/DRI), Dated: 03.03.2020 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 18/2020-Customs (N.T./CAA/DRI) New Delhi, dated 03.03.2020 S.O. 982(E) In terms of the directions contained in Hon’ble CESTAT’s Orders, as stated in column(5) […]

SC dismisses Dept. SLP against HC permission to file Revised TRAN-1

March 2, 2020 7704 Views 0 comment Print

Union of India & Ors. Vs. Adfert Technologies Pvt. Ltd. (Supreme Court) In the case of Adfert Technologies Pvt. Ltd. Vs Union of India & Ors., Punjab & Haryana High Court) has  directed the Government to permit the Petitioners to file or revise where already filed incorrect TRAN-1 either electronically or manually statutory Form(s) TRAN-1 […]

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