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Notifications/Circulars

Reversion/deployment of various existing posts in grade of IRS

June 6, 2022 1746 Views 0 comment Print

Order No. 114 of 2022 | Dated: 6th June, 2022. With the approval of the Finance Minister, the following existing posts in the various grades of Indian Revenue Service are reverted/deployed as under with immediate effect and until further orders:

IBBI improves scheme of examinations – frequency of attempts

June 6, 2022 945 Views 0 comment Print

Insolvency and Bankruptcy Board of India Limited Insolvency Examination Division Valuation Examinations Division Circular No. EXAM-13016/1/2022-IBBI | Dated: 06th June 2022 CIRCULAR To, All Test Administrators All Insolvency Professional Agencies All Registered Valuer Organisations All candidates registered in the examination system (Through IBBI website) Dear Sir/Madam Subject: Improvement to the scheme of examinations – frequency […]

Amendments and additions to IFSCA Banking Handbook

June 6, 2022 570 Views 0 comment Print

Based on the feedback received from IBUs certain further amendments/additions have been carried out to the contents of the Handbook. The list of such amendments/additions is enclosed in the annexure to this circular.

SEBI amends Investor Grievance Redressal Mechanism Circular

June 3, 2022 1626 Views 0 comment Print

For any dispute between the member and the client relating to or arising out of the transactions in Stock Exchange, which is of civil nature, the complainant/ member shall first refer the complaint to the IGRC and/ or to arbitration mechanism provided by the Stock Exchange before resorting to other remedies available under any other law.

Annual & other meetings of unitholders of REITs and InvITs – Extension

June 3, 2022 585 Views 0 comment Print

Extension of facility for conducting annual meeting and other meetings of unitholders of REITs and InvITs through Video Conferencing (VC) or through Other Audio-Visual means (OAVM)

Clarification regarding Form No 10AC issued till the date of this Circular

June 3, 2022 18141 Views 0 comment Print

PCIT or CIT can examine if there is any specified violation by the trust or institution registered or provisionally registered under relevant clauses of sub-section (1) of section 12AB or sub¬section (1) of section 12AA.

IBBI suspends registration of IP for violating the procedure under IBC 2016

June 3, 2022 1323 Views 0 comment Print

Though it has been argued that monetary appropriation of fee by Mr. Khandelia is not significant, nevertheless, in case a lenient view is taken in the instant case, then it shall be sending a wrong message to the market that one can get away even with serious charge of violating the set procedure under the […]

IBBI celebrates ‘Azadi ka Amrit Mahotsav’

June 3, 2022 903 Views 0 comment Print

Azadi Ka Amrit Mahotsav (AKAM) is an initiative of the Government of India to celebrate and commemorate 75 years of progressive India and the glorious history of its people, culture and achievements.

Instructions to FSSAI & Customs Officers on testing of UHT Whipping Cream

June 3, 2022 744 Views 0 comment Print

FSSAI has stated that Commercial Sterility test as prescribed in Table-2B: Microbiological Standards for Milk and Milk Products – Food Safety Criteria, under FSS (Food Products Standards and Food Additives) Regulation, 2011, is not feasible for UHT Whipping Cream, given the nature of the product and its storage conditions that are conducive to give a negative test result, on evaluation.

Revised Guidelines for compulsory Income Tax returns scrutiny

June 3, 2022 25581 Views 0 comment Print

F.No.225/ 81/2022/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA-II division) North Block, New Delhi, the 3rd June, 2022 To All Pr. Chief Commissioners of Income-tax/ Chief Commissioners of Income-tax All Pr. Director Generals of Income-tax/ Director Generals of Income-tax. Madam/Sir Subject: Guidelines for compulsory selection of returns […]

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