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CBDT directives on scope of inquiry in cases selected for Limited Scrutiny

November 28, 2018 32970 Views 0 comment Print

i. The Assessing Officer shall duly record the reasons for expanding the scope of ‘Limited Scrutiny’ to the extent mentioned in para 2 and 3, above; ii. The same shall be placed before the Pr. CIT/CIT concerned and upon his approval, further issue can be considered during the assessment proceeding;

GST on building value constructed & handed to land owner under JDA

November 28, 2018 6615 Views 0 comment Print

In re M/s Nforce Infrastructure India Pvt. Ltd (GST AAR Karnataka) The applicant is liable to pay GST on the value of building constructed and handed over to the land owner in terms of the Joint Development Agreement (JDA). The value on which the applicant is liable to pay GST is to be determined in […]

CBDT Order appointing 55 IRS Officers As JCIT

November 28, 2018 4200 Views 0 comment Print

OFFICE ORDER NO. 197 OF 2018 The President is pleased to extend the ad-hoc appointments of the following IRS officers to the grade of Joint Commissioner of Income Tax from 01.10.2018 to 31.03.2019 or upto the date of their regular appointment, whichever is earlier: –

Advisory on ENDS, e-Cigarettes, e-Nicotine, Flavoured Hookah etc.

November 27, 2018 1281 Views 0 comment Print

Advisory on Electronic Nicotine Delivery Systems (ENDS) including e-Cigarettes, Heat-Not-Burn devices, Vape, e-Sheesha, e-Nicotine Flavoured Hookah, and the like products

Refund of IGST paid on exports of goods done from Non-EDI sites

November 26, 2018 1404 Views 0 comment Print

For the convenience of the field formations, the procedure for processing IGST refund claims for exports made from Non-EDI sites, is as under: (i) Firstly, the export data is to be captured using offline utilities and transmitted by the field formations to DG (Systems) by email.

IBBI: Draft Specimen of Information Memorandum, Evaluation Matrix & Resolution Plan

November 26, 2018 5199 Views 0 comment Print

IBBI invites Suggestions and Comments on Draft Specimen: a. Information Memorandum b. Evaluation Matrix c. Request for Resolution Plans, and d. Resolution Plan.

Operating Guidelines for Alternative Investment Funds in IFSC

November 26, 2018 1599 Views 0 comment Print

Based on the deliberations in Alternative Investment Policy Advisory Committee (AIPAC) and in consultation with other stakeholders, it has been decided to put in place ‘Operating Guidelines for Alternatives Investment Funds in IFSC’.

MAHARERA: SOP for handling complaint on Non-Registered Projects

November 26, 2018 1938 Views 0 comment Print

SOP for handling complaints against registered projects and for source information of projects, which ought to have been registered but have not registered.

MAHARERA: Disclosure of Information regarding Project Professionals

November 26, 2018 1998 Views 0 comment Print

Under MAHARERA with objective of increasing transparency, accountability and ease in accessibility of information, it is proposed to capture the following details of the project professionals for each project:

Notification No. 26/2018-Customs (N.T./CAA/DRI) Dated: 26.11.2018

November 26, 2018 612 Views 0 comment Print

Notification No. 26/2018-Customs (N.T./CAA/DRI) Director General, Revenue Intelligence, hereby appoints officer mentioned in column (5) of the Table below to act as a common adjudicating authority

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