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List of auditable cases for internal audit in ITBA ( Audit module) – Reg.

April 23, 2018 2061 Views 0 comment Print

The list of auditable cases for the period 1st September 2017 to 31st December 2017 has been made available in ITBA now, which includes cases of International Taxation, Central Circles and Exemption charges also.

Industrial Development Scheme for Himachal Pradesh (HP) & Uttarakhand, 2017

April 23, 2018 13704 Views 6 comments Print

F. No. 2(2)/2018-SPS.— The Government of India is pleased to announce Industrial Development Scheme for the States of Himachal Pradesh & Uttarakhand to boost industrialization.

MGST: Procedure for detention, seizure and release of goods & conveyances in transit

April 23, 2018 4971 Views 0 comment Print

MGST procedure to be followed in case of interception of conveyances for inspection of goods in movement and detention, release and confiscation of such goods and conveyances.

Designation of special court in UP for trial of Company Law offences

April 23, 2018 906 Views 0 comment Print

High Court of Allahabad hereby designates the following Court mentioned in column (1) of the Table below as Special Court for the purposes of providing speedy trial of offences punishable with imprisonment of two years or more under the said sub-section, namely:-

Provisions for Disciplinary Proceedings against Insolvency Professionals

April 23, 2018 2265 Views 0 comment Print

The Insolvency and Bankruptcy Code, 2016 (Code) envisages that an insolvency professional may be appointed as interim resolution professional, resolution professional, liquidator, or a bankruptcy trustee if no disciplinary proceeding is pending against him. Some of these provisions are extracted at Annexure A.

Due date for quarterly return in form GSTR-1 for Quarter April-June 2018

April 23, 2018 3366 Views 0 comment Print

Council, hereby notifies the registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year, as the class of registered persons who shall follow the special procedure as mentioned below for furnishing the details of outward supply of goods or services or both.

Draft Labour Code on Occupational Safety, Health and Working Conditions, 2018

April 23, 2018 1737 Views 0 comment Print

Ministry of Labour & Employment has placed on its website the draft Labour Code on Occupational Safety, Health and Working Conditions, 2018 on 23rd March, 2018 inviting comments/suggestions of various stakeholders including general public.

Pre-registration educational course under regulation 5(b) of IBBI (Insolvency Professionals) Regulations, 2016

April 23, 2018 2607 Views 0 comment Print

In terms of the IBBI (Insolvency Professionals) Regulations, 2016, an individual is eligible for registration as an insolvency professional, subject to meeting other requirements, if he has completed a pre-registration educational course, as may be required by the Board, from an insolvency professional agency (IPA) after his enrolment as a professional member.

How to deal with info under Benami Transactions Informants Reward Scheme, 2018

April 23, 2018 4317 Views 0 comment Print

CBDT has released Guidelines for Departmental officers for dealing with information under the Benami Transactions Informants Reward Scheme, 2018, which is as follows:-

Income Tax Informants Rewards Scheme, 2018: Reward up to Rs. 5 crore

April 23, 2018 31296 Views 2 comments Print

Under Income Tax Informants Reward Scheme, 2018 A person can get reward up to Rs. Five crore by giving specific information about evasion of Income tax on income and assets in India and abroad. Identity of the informant shall be kept confidential.

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