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Notifications/Circulars

Verify documents attested by CAs on UDIN Portal: IBA

March 13, 2019 14448 Views 0 comment Print

Unique Document Identification Number is an 18 Digit Number randomly generated through the UDIN portal on a predefined algorithm. The portal is available at https://udin.icai.org/ with exhaustive FAQs.

RBI- Trade Credit Policy – Revised framework

March 13, 2019 2109 Views 0 comment Print

Trade Credits can be raised under the automatic route up to the amount specified in the Annexto this circular and in compliance with the other applicable norms. The designated AD Category I bank while considering the Trade Credit proposal is expected to ensure compliance with applicable Trade Credit guidelines by their constituents. Any contravention of the applicable provisions will invite penal action or adjudication under the Foreign Exchange Management Act, 1999.

Narcotic Drugs and Psychotropic Substances (Amendment) Rules, 2019

March 13, 2019 11118 Views 0 comment Print

Government hereby makes the following rules further to amend the Narcotic Drugs and Psychotropic Substances Rules, 1985, namely: ‑(1) These rules may be called the Narcotic Drugs and Psychotropic Substances (Amendment) Rules, 2019.

CIT (e-Verification) shall be subordinate to Principal DGIT (Systems)

March 13, 2019 1092 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 21/2019 New Delhi, the 13th March, 2019 (INCOME-TAX) S.O. 1362(E).—In exercise of the powers conferred by section 118 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that the Commissioner of Income-tax (e-Verification) shall be […]

CBDT delegates further powers to PDGIT (Systems), Delhi

March 13, 2019 4341 Views 0 comment Print

Central Board of Direct Taxes hereby directs that the Principal Director General of Income-tax (Systems), Delhi, shall exercise the powers and perform the functions in respect of such territorial area or such persons or class of persons or such incomes or class of incomes or such cases or class of cases, in respect of which the Commissioner of Income-tax (e-Verification) has jurisdiction vested in him.

CBDT designates CIT for centralised issuance of notice etc.

March 13, 2019 1029 Views 0 comment Print

CIT to exercise concurrent powers in addition to any other authority under the Income-tax Act–(i) for the purpose of centralised issuance of notice and for collection and processing of information or documents and making available the outcome of the collection and processing under sub-sections (1) and (2) of section 133C of the Income-tax Act, 1961;

CBDT approves Indian Institute of Science Education and Research, Bhopal U/s. 35(1)(ii)

March 13, 2019 597 Views 0 comment Print

It is hereby notified for general information that the organization M/ s Indian Institute of Science Education and Research, Bhopal (PAN:- AAAAI2511F) has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961

Consideration of applications for grant of authorization for import of gold dore-reg

March 13, 2019 2172 Views 0 comment Print

New applicants who have obtained NABL Certification are representing for allowing them imports of gold dore for obtaining BIS License. Matter has been discussed with BIS and it has been accordingly decided that new applicants, having NABL certification, will be considered for 1 MT of gold dore for obtaining BIS License. Subsequently, no further authorization will be granted to these applicants without BIS License.

SEBI (Delisting of Equity Shares) Regulations, 2015: Timelines for Counter Offer Process”

March 13, 2019 1512 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/DCR2/CIR/P/2019/35 March 13, 2019 To All Listed Entities All Recognized Stock Exchanges All Registered Merchant Bankers Dear Sir / Madam, Sub: SEBI (Delisting of Equity Shares) Regulations, 2015 – “Timelines for Counter Offer Process” 1. SEBI (Delisting of Equity Shares) Regulations, 2015 has been amended to allow promoter(s) […]

Notification No. 9/2019-Customs (N.T./CAA/DRI), Dated: 12.03.2019

March 13, 2019 597 Views 0 comment Print

Notification No. 9/2019-Customs (N.T./CAA/DRI) In the Table to the said notification, against serial number 7, in column 5 for the existing entry Principal Commissioner/ Commissioner of Customs, Nhava Sheva-I, Mumbai Zone-II, Jawaharlal Nehru Custom House, Raigad shall be substituted.

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