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Notifications/Circulars

CBDT notifies officers who can do survey under section 133A

August 13, 2020 3447 Views 0 comment Print

CBDT directs that the officers posted in Directorates of Investigation (Investigation Wing) and Commissionerates of TDS, only and exclusively shall act as Income-tax Authority for the purposes of power of survey under section 133A of the Income-tax Act.

Central Consumer Protection Authority (Allocation and Transaction of Business) Regulations, 2020

August 13, 2020 735 Views 0 comment Print

(1) These regulations may be called the Central Consumer Protection Authority (Allocation and Transaction of Business) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

RBI revises guidelines applicable for Core Investment Companies

August 13, 2020 3165 Views 0 comment Print

Based on the recommendations of the WG and inputs received from stakeholders, it has been decided to revise the guidelines applicable for Core Investment Companies.

SEBI SOP- Handling of complaints by stock exchanges & Action for failure to redress investor complaints

August 13, 2020 1407 Views 0 comment Print

Investor grievances redressal mechanism – Handling of SCORES complaints by stock exchanges and Standard Operating Procedure for non-redressal of grievances by listed companies.

Tariff Notification No. 71/2020-Customs (N.T.), Dated: 13.08.2020

August 13, 2020 1038 Views 0 comment Print

Tariff Notification No. 71/2020-Cutoms (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 71/2020-CUSTOMS (N.T.) New Delhi, 13th August, 2020 22 Shravana, 1942 (SAKA) S.O. 2753(E).– […]

Faceless Assessment: CBDT reconstitutes Regional e-Assessment Centers

August 13, 2020 4410 Views 0 comment Print

Central Board of Direct Taxes hereby reconstitutes Regional e-Assessment Centers (ReACs) under Faceless Assessment Scheme, 2019 vide Office Order -2 dated 13th AUgust 2020. F. No 187/3/2020 ITA-1 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA Division) ******* North Block, New Delhi – 110001 Dated the 13th August, […]

RBI decides to implement system-based asset classification in UCBs

August 12, 2020 828 Views 0 comment Print

In order to improve the efficiency, transparency and integrity of the asset classification process, it has been decided to implement system-based asset classification in urban co-operative banks (UCBs).

Income Tax Department searched premises of Chinese entities

August 11, 2020 5820 Views 0 comment Print

Based on the credible information that few Chinese individuals and their Indian associates were involved in money laundering and hawala transactions through series of shell entities, a search action was mounted at various premises of these Chinese entities, their close confederates and couple of bank employees.

CBDT directs Investigation Directorates to do e-communication with Assessee

August 11, 2020 2139 Views 0 comment Print

In view the hardships being faced by the taxpayers in coping with the challenges posed by COVID 19 pandemic, it is important that the concerned officers of the Income Tax Department recognize the same and are sensitive to it. Therefore, as far as possible, the communications should be made electronically and social distancing norms should be followed, without diluting the significance of the proceedings.

Anti-dumping Duty on flax fabrics import extended by 3 Months

August 11, 2020 519 Views 0 comment Print

CBIC amends No. 39/2015-Customs (ADD) dated 12th August, 2015 to extend the levy of Anti-dumping Duty (ADD) on flax fabrics imported from China and Hong Kong for a period of 3 months vide Notification No. 23/2020-Customs (ADD) dated 11th August, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 23/2020-Customs (ADD) New […]

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