On this 159th Income Tax Day, I extend my best wishes to each and every member of the Aaykar Parivar and their families. I feel honoured leading such a glorious and professional service, made even more special by the untiring contribution of each and every employee of the Department.
The quantity of 10000 MT sugar (raw and/or white sugar) to be exported to EU under CXL Quota from 1.10.2019 to 30.09.2020 has been notified vide Public Notice No. 21/2015-2020 dated 24th July, 2019.
AS INTRODUCED INTHE RAJYA SABH Bill No. XXVI of 2019 THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) BILL, 2019 BILL further to amend the Insolvency and Bankruptcy Code, 2016. BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:— 1. Short title and commencement. (1) This Act may be called […]
We wish to bring to your kind notice that with the change of Internal working software of department from AST system to the ITBA system from A.Y. 2016-17 onwards, the members are facing following problems regarding functionality which need immediate attention for early disposal of grievances of the assessees
These regulations may be called the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2019.
These regulations may be called the Insolvency and Bankruptcy Board of India (Procedure for Governing Board Meetings) (Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.
CBDT has been actively pursuing leads found in the actions taken against the J&K Bank and its erstwhile Chairman, Sh. Parvez Ahmad. In another such follow-up action, a search and seizure operation has been conducted on a Group that is in the business of providing security to business establishments and prominent individuals, as well as in running hotels in Jammu & Kashmir and other parts of the country.
LC Infra Projects Pvt. Ltd. Vs Union of India (Karnataka High Court) Section 73 of the Chapter XV of the Act – contemplates that where it appears to the proper officer that any tax has not been paid or short paid or erroneously refunded, or where input tax credit has been wrongly availed or utilised […]
Allahabad High Court has held that tax liability cannot be fixed on the transporter merely because the assessee/transporter did not furnish the details of the consignor and the consignee of the completed transactions.
Request for modification of the term Accountant as appearing in the Explanation below sub-section (2) of section 288 of the Income Tax Act, 1961 to include the Cost Accountant therein
