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Instructions

Compulsory Complete Income Tax Scrutiny Guidelines during FY 2020-21

September 17, 2020 51366 Views 3 comments Print

Keeping in view of the Faceless Assessment Scheme,2020 implemented by the Department and the difficulties being faced amid COVID-19 pandemic, the parameters for compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 and conduct of assessment proceedings in such cases are prescribed as under:

Modified Protocol for Sealed Building in Mumbai

September 15, 2020 1545 Views 0 comment Print

As the COVID-19 eases are increasing in Mumbai, since I week of September 2020. Issue of revising the guidelines for sealing building/wing/tower was discussed in V.C. meeting of Hon’ble Municipal Commissioner on 15.09,2020. Earlier guidelines were issued on 13.05.2020. Accordingly, revised guidelines for scaling building/wing/tower are to be followed as below.

GST evasion of Rs. 96.06 crore detected in Shillong

September 14, 2020 1701 Views 0 comment Print

Based on data analytics, the CGST Commissionerate, Shillong, detected ineligible availment of ITC by some Units primarily engaged in supply of electrical energy during the period July 2017 to March 2020. The exercise led to recovery of Rs. 44.80 crore against the detection of GST evasion of Rs. 96.06 crore.

EPFO: Attachment of bank accounts for enforcing appearance

September 14, 2020 6603 Views 0 comment Print

Instances have been noticed in which the officers conducting inquiries u/s 7A have issued orders to attach/freeze bank accounts of the establishments/ personal accounts of the employers for alleged non-appearance in such inquiries. Such practices have attracted a lot of adverse observations from Constitutional Courts and other quarters.

Role of Govt and its Agencies in Corporate Insolvency Resolution & Liquidation Processes

September 12, 2020 2370 Views 0 comment Print

The Insolvency and Bankruptcy Code, 2016 (Code) consolidates and amends the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximisation of the value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders.

CBIC to roll-out Faceless Assessment at all India level by 31.10.2020

September 4, 2020 846 Views 0 comment Print

The Board has now decided to roll-out Faceless Assessment at an all India level by 31st October 2020. In the proposed schema, 11 National Assessment Centres (NACs) have been constituted. The role of NACs and coordination among them as well as the Directorates is very critical to the successful implementation of Faceless Assessment and for bringing uniformity and enhanced quality of assessments.

Digitisation of records important for combating tax evasion: CBIC Chairman

August 31, 2020 1053 Views 0 comment Print

cross-border crimes. While the DIGIT platform is already in place for the DRI and Customs formations to capture Customs related offences, the DG Systems (Bengaluru Zonal Unit) has come out with an investigation (enforcement) sub-module under the Dispute Settlement and Resolution module of ACES­GST application that covers all activities starting from initiation of a case till issuance of the investigation report

SOP for limited physical hearing before Hon’ble Supreme Court

August 30, 2020 519 Views 0 comment Print

SUPREME COURT OF INDIA Standard Operating Procedure for limited physical hearing before Hon’ble Court In continuation of directions already notified regarding functioning of the Supreme Court of India, in the wake of the Covid-19 pandemic, more particularly through Circulars dated 14.03.2020 and 23.03.2020, and on consideration of the requests received from the Bar Associations, the […]

All formations of CBIC are live on e-Office: CBIC Chairman

August 24, 2020 954 Views 0 comment Print

I am informed that all the formations of CBIC have now been on-boarded and are live on e-Office. We are one of the few services that has operationalised this application on an All India basis. Senior officers should ensure a smooth and successful transition to this innovative system. I am sure a nudge by senior management would see all zones adapting to this new way of work in a short time.

Revised CBIC guidelines for conduct of personal hearings in virtual mode

August 21, 2020 10278 Views 0 comment Print

Revised guidelines for conduct of personal hearings in virtual mode under CGST Act, 2017, IGST Act, 2017, Customs Act, 1962, Central Excise Act, 1944 and Chapter V of Finance Act, 1994 – regarding

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