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Income Tax Department searches a cable operator of Mumbai

March 18, 2022 990 Views 0 comment Print

Income Tax Department carried out a search operation on 08.03.2022 on a cable operator of Mumbai, a State Govt employee and the businesses related to him. A total of 26 premises spread over Mumbai, Pune, Sangli and Ratnagiri were covered.

ICSI UDIN Amnesty Scheme, 2022 & eCSIN Amnesty Scheme, 2022

March 17, 2022 2004 Views 0 comment Print

The members applying under ICSI – eCSin Amnesty Scheme, 2022 shall be granted immunity from the applicability of the provisions of the eCSin Guidelines, 2019 in respect of the eCSin for which request under this Amnesty Scheme has been made and disciplinary proceedings shall not be initiated entertained in this respect.

CAIT seek investigation against Amazon for alleged illegal practices

March 17, 2022 525 Views 0 comment Print

We would like to bring to your kind notice that the referral of the case by the Committee to the Department is a follow up of a previous warning from the members of the U.S. Committee in October 2021 accusing Amazon’s top executives about lying to Congress regarding Amazon’s systematic campaign of copying products and rigging search results in India to boost sales of its own brands.

6.63 crore ITRs & 99.27 lakh forms filed on new e-Filing portal

March 17, 2022 1395 Views 0 comment Print

More than 6.63 crore Income Tax Returns (ITRs) and 99.27 lakh statutory forms filed on the new e-filing portal of the Income Tax Department More than 6.63 crore Income Tax Returns (ITRs) were filed for AY 2021-22 on the new e-filing portal of the Income Tax Department as on 15th March, 2022, which was the […]

Indiscriminate and a rash of notices by Income Tax Department

March 17, 2022 13404 Views 3 comments Print

Tax Practitioners’ Association, Indore has made a representation against Indiscriminate and a rash of notices by Income Tax Department Tax Practitioners’ Association, Indore  TPA Hall, Room No. 17, Ground Floor, Aaykar Bhawan (Main Building), Indore – 452001 (M.P.) E-Mail : secretary@tpaindore.com Date: 16/03/2022 To, Smt. Nirmala Sitharaman Hon. Union Minister of Finance, Ministry of Finance, […]

Status of Industrial Corridors in India

March 17, 2022 1578 Views 0 comment Print

The status of Chennai-Bengaluru (CBIC), Bengaluru-Mumbai (BMIC) and Hyderabad-Bengaluru (HBIC) is as under: 1. Chennai Bengaluru Industrial Corridor (CBIC): Three nodes namely Tumakuru in Karnataka, Krishnapatnam in Andhra Pradesh and Ponneri in Tamil Nadu have been identified for development under CBIC. Status of these Nodes is as under: Krishnapatnam Node: Project was approved by Government of […]

FDI From Neighbouring Countries

March 17, 2022 900 Views 0 comment Print

Since 18th April, 2020, 347 FDI Proposals have been received by the Government from countries sharing land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country. The value of investments proposed in the aforementioned proposals received by the Government is […]

CAIT suggests Formation of Municipal Corporation in Delhi as in Mumbai

March 16, 2022 879 Views 0 comment Print

We appreciate the step of the Union Government to unified three Municipal Corporations in Delhi into one single body which will certainly provide effective civic services in Delhi under the current scenario and also for future development of Delhi in a most responsible and structured way.

Stop discriminate selling of medicines by e-commerce companies: CAIT

March 16, 2022 1752 Views 0 comment Print

It is aptly clear that the intent of the Government of India in DC Act and DC Rules is simple — that the manufacture, import, sale and distribution of drugs must be done with due diligence and under the watchful eye of the law so that the health and safety of the consumer is paramount and is protected at all costs.

Request for extension of Time Barring Date for Faceless Assessment

March 16, 2022 8001 Views 0 comment Print

Income Tax Gazetted Officers Association has made a request to Honourable Finance Minister for extension of the Time Barring Date for certain proceedings exercising the power vested in the GOI Income Tax Gazetted Officers Association President ARAVIND TRIVEDI (7599101090) trivediaravind@yahoo.co.in Secretary General BHASKAR BHATTACHARYA (8902198888) secgenitgoachq@gmail.com Date: 10.03.2022. To The Honourable Finance Minister, Government of […]

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