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ICAI: Extension for completion of Orientation /IT Training Course by Intermediate students

September 27, 2020 750 Views 0 comment Print

Extension for completion of Orientation /IT Training Course by the Intermediate students, through the foundation route, to on or before 31st December, 2020 instead of on or before 31st October, 2020 and then be allowed to sit for their Final examination to be held in November, 2022.

Summary of Performance Audit on Income tax Search & Seizure Assessments

September 27, 2020 1719 Views 0 comment Print

Report No.14 of 2020 – Performance Audit on Search and Seizure Assessments in Income Tax Department, Union Government, Department of Revenue – Direct Taxes Search and Seizure is a very powerful tool available to Income Tax Department to unearth any concealed income or valuables and to check the tendencies of tax evasion thereby mitigating the […]

Govt to study award in Vodafone matter

September 26, 2020 588 Views 0 comment Print

Finance Ministry has said today that it has just been informed that the award in the arbitration case invoked by Vodafone International Holding BV against Government of India has been passed. The Government will be studying the award and all its aspects carefully in consultation with its counsels. After such consultations, the Government will consider all options and take a decision on further course of action including legal remedies before appropriate fora.

Income Tax Department conducts search in Jharkhand & West Bengal

September 26, 2020 639 Views 0 comment Print

 The Income Tax Department has carried out search and survey operations on 25th September, 2020 at around 20 residential and business premises of a prominent group having operations in Jharkhand and West Bengal. The group is engaged in trading of various commodities, production of vanasapati ghee, real estate and tea estates. The group is having real estate projects in Kolkata.

India, Denmark sign MoU on Intellectual Property cooperation

September 26, 2020 609 Views 0 comment Print

The Union Cabinet in its meeting dated 15.09.2020 gave the approval for signing the MoU with Denmark in the field of IP Cooperation. The MoU aims at increasing IP co-operation between the two countries

Corona Kavach Policy – FAQs

September 26, 2020 4719 Views 0 comment Print

Frequently Asked Questions on ‘Individual Covid Standard Health  Policy: Corona Kavach Policy’ Q.1 Whether all the insurers shall offer ‘Corona Kavach Policy’? Ans. All the General and Standalone Health Insurers are mandated to offer Individual Covid Standard Health Policy “Corona Kavach Policy”. Q.2 How many insurers are offering “Corona Kavach Policy” currently? Ans. “Corona Kavach […]

299 CIT/CCIT diverted to National Faceless Appellate Centre

September 25, 2020 3435 Views 1 comment Print

Order No. 182 of 2020 With the approval of the Finance Minister, the following existing posts in the various grades of India Revenue Service are diverted to the newly created National Faceless Appellate Centre (NFAC), Delhi and its four Regional Faceless Appellate Centres (RFACs) at Delhi, Mumbai, Chennai and Kolkata, with immediate effect and until further orders:

Directions for Disposal of appeal under Faceless Appeal Scheme, 2020

September 25, 2020 9462 Views 1 comment Print

For the purposes of giving effect to the Faceless Appeal Scheme, 2020 made under sub-section (6B) of section 250 of the Act, the Central Government hereby makes the following directions, namely:-

Extend timelines for Annual filing of OPC due to Covid 19: ICSI

September 25, 2020 3555 Views 0 comment Print

It is requested extend the timelines for annual filing of OPCs upto 31st December, 2020. This will ease the difficulties faced by the OPCs in the time of crisis.

CVD on imports of Copper Tubes and Pipes- Reg.

September 25, 2020 1467 Views 0 comment Print

INITIATION NOTIFICATION No. (CVD-08/2020) dated 25th September, 2020- Initiation of Countervailing Duty Investigation concerning imports of Copper Tubes and Pipes from Malaysia, Thailand and Vietnam

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