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Notifications/Circulars

Process for Transfer of TAN across RCC / CIT(TDS) Charge

January 27, 2020 11358 Views 0 comment Print

Presently, approval is not required from source AO to transfer/release the TAN. But in this change, approval by the source AO is mandatory in the cases where TAN is getting transferred to different RCC or to another jurisdiction of CIT (TDS) / (Int. Tax.) / (LTU).

SEBI revises Margin Framework for Commodity Derivatives Segment

January 27, 2020 1080 Views 0 comment Print

It has been decided, in consultation with stakeholders, to categorize commodities as per their realized volatility and to prescribe floor values of IM and IMPOR depending upon their categories.

IT Search in group running renowned educational institutions

January 24, 2020 1407 Views 0 comment Print

The Income Tax Department mounted a search on a group operating leading educational institutions having a large number of schools and colleges in Chennai and Madurai region. The search was conducted at the office of the Trust, residences of the trustees and key employees of the group.

Insurers can start offering Arogya Sanjeevani Policy before 01.04.2020

January 24, 2020 870 Views 0 comment Print

IRDAI clarified that the insurers can start offering Arogya Sanjeevani Policy before 1st April, 2020 and should ensure that this product is definitely offered on or before 1st April, 2020.

Addendum to Terms of Reference of Committee of Officers on Risk Management of taxpayers

January 24, 2020 951 Views 0 comment Print

In furtherance of decisions of the 2nd National GST Conference held on 07.01.2020 under the chairmanship of Union Revenue Secretary, in respect of streamlining GST system, plug revenue leakages and enhance inter-department coordination, the terms of reference as detailed herein below, have been inserted for the mandate of Committee of Officers (CoO) on Risk-based management of taxpayers re-constituted vide OM F.No. 341/Profiling of Taxpayer/GSTC/2019 dated 18.10.2019.

Anti-dumping duty on imports from China of Sodium Nitrite revised

January 24, 2020 3192 Views 0 comment Print

Seeks to amend notification No. 40/2017-Customs(ADD) dated 25-08-2017, to revise anti-dumping duty on imports of ‘Sodium Nitrite’ originating in or exported from China PR, in pursuance of final findings of sunset review investigations issued by DGTR vide notification No. 15/06/2016-DGTR dated the 8th November 2019. MINISTRY OF FINANCE (Department of Revenue) Notification No. 01/2020-Customs (ADD) […]

Govt appoints administrator for Dadra & Nagar Haveli and Daman & Diu Merger

January 24, 2020 1638 Views 1 comment Print

President of India is pleased to appoint Shri Prafulbhai Khodabhai Patel, as Administrator of Union Territory of Dadra and Nagar Haveli and Daman and Diu w.e.f. 26.01.2020 and until further orders.

Dadra and Nagar Haveli and Daman and Diu (Repeal) Regulation, 2020

January 24, 2020 1419 Views 0 comment Print

Govt notifies Dadra and Nagar Haveli and Daman and Diu (Repeal) Regulation, 2020. It shall come into force on the 26th day of January, 2020. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 24th January, 2020/Magha 4, 1941 (Saka) THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU (REPEAL) REGULATION, 2020 NO. 5 […]

Dadra and Nagar Haveli and Daman and Diu (Extension with modifications of the Goa, Daman and Diu Excise Duty Act, 1964) Excise Regulation, 2020

January 24, 2020 2874 Views 0 comment Print

Govt notifies Dadra and Nagar Haveli and Daman and Diu (Extension with modifications of the Goa, Daman and Diu Excise Duty Act, 1964) Excise Regulation, 2020. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 24th January, 2020/Magha 4, 1941 (Saka) THE DADRA AND NAGAR HAVELI AND DAMAN AND DIU (EXTENSION WITH MODIFICATIONS OF […]

Dadra and Nagar Haveli VAT (Amendment) Regulation, 2020

January 24, 2020 1779 Views 0 comment Print

Govt notifies  Dadra and Nagar Haveli Value Added Tax (Amendment) Regulation, 2020.It shall come into force on the 26th day of January, 2020.

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