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Instructions on Implementing Abhisar Buildwell SC Judgment by CBDT

August 23, 2023 15171 Views 0 comment Print

Comprehensive guide on CBDT’s directives for AOs concerning the Abhisar Buildwell Supreme Court verdict. Dive into its implications on Income-tax Act of 1961.

Weekly Insights from CBIC Chairman: Transformative Moves & Major Busts

August 21, 2023 489 Views 0 comment Print

Chairman of CBIC, Sanjay Kumar Agarwal, shares board’s achievements, transformative moves, and major enforcement actions in his weekly newsletter dated 21/08/2023.

Registration of TCSPs with FIU-IND: PMLA Reporting Requirements

August 17, 2023 1749 Views 0 comment Print

Learn about new PMLA reporting obligations for Trust and Company Service Providers (TCSPs) notification. Registration with FIU-IND in FINNET 2.0 portal is essential.

Inventory Valuation by Cost Accountants (CMAs) Draft Format released for comments

August 16, 2023 4257 Views 0 comment Print

Inviting comments on the draft Form No. 6C for implementing the amendment made by the Finance Act, 2023 wrt Sub-section (2A) of the Section 142 of the Income Tax Act, 1961 regarding inventory valuation vide Finance Act 2023, in order to ensure that inventory is valued in accordance with the various provisions of the Act, […]

Chairman CBIC’s Weekly Newsletter: 14/08/2023 Insights

August 14, 2023 840 Views 0 comment Print

Explore Chairman CBIC’s newsletter dated 14/08/2023, highlighting departmental updates, initiatives, achievements, and insights in the field of indirect taxes and customs.

Comprehensive Guidelines for Nationwide Digital Life Certificate Campaign 2.0

August 9, 2023 1038 Views 0 comment Print

Learn about the Comprehensive Guidelines issued by the Ministry of Personnel, PG & Pensions for the Nationwide Digital Life Certificate Campaign 2.0 taking place from November 1 to 30, 2023.

CBIC Chairman’s Weekly Newsletter: Innovations in Indirect Tax Administration

August 7, 2023 774 Views 0 comment Print

Read weekly newsletter from CBIC Chairman, Sanjay Kumar Agarwal, focusing on innovations, anti-smuggling efforts, and fostering integrity in indirect tax administration.

Income Tax Department Young Professional Scheme

August 2, 2023 10116 Views 0 comment Print

Learn about the Young Professional Scheme introduced by the Income Tax Department to enhance departmental representation in ITAT for tax litigations. Find details and deployment regions.

Weekly newsletter from Chairman, CBIC dated 31/07/2023

July 31, 2023 1137 Views 0 comment Print

It is with a deep sense of satisfaction and fulfilment that I demit office today after putting in 38 long years in this glorious Service. I have been particularly fortunate to have had the opportunity to serve the nation and you as Chairman of the Board in the final leg comprising almost two years.

Weekly newsletter from Chairman, CBIC dated 28/07/2023

July 28, 2023 678 Views 0 comment Print

Decision-makers therefore cannot simply wish away the uncertainty of outcomes from the choices they make. They have to develop strategies that specifically address the challenges. This would involve multiple interacting variables; thinking that would cover a full spectrum of different experiences and scales and predict the future with varying levels of certainty.

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