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Notifications/Circulars

Ensure equal distribution of case among Sr./Jr. Standing Counsels

May 11, 2016 1564 Views 0 comment Print

In this regard it has come to the notice of the Board that there is an uneven distribution of cases among the Sr./Jr. Standing Counsels as well as SPPs at some zones/places. It is noticed that a some places most of the cases have been allocated to particular Counsel, while the other Counsel are not assigned a single case or have been assigned very few cases by the concerned authorities

Further amendments in notification of Ministry of Corporate Affairs

May 11, 2016 763 Views 0 comment Print

In exercise of the powers conferred by sub-section(1) of Section 10B of the Cost and Works Accountants Act, 1959(23 and 1959)

Transfer posting orders in grade of ACIT/DCIT for Delhi Region

May 11, 2016 4990 Views 0 comment Print

F.No. P-328/T&P/DC-ACsIT/2016-17/1818 OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX NEW DELHI Dated : 11th May, 2016 ORDER NO. 38/G.O. 2016-17 Sub:-Estt. Group ‘A’ – Transfers and Postings of Deputy/Assistant Commissioners of Income-tax – Reg. – The transfers and postings of the following Deputy/Assistant Commissioners of Income-tax are hereby ordered with immediate effect and […]

SEBI Guidelines for public issue of units of InvITs

May 11, 2016 2554 Views 0 comment Print

(1) The Investment Manager on behalf of the InvIT, in line with Regulation 10 (5) of InvIT Regulations, shall appoint one or more merchant bankers, at least one of whom shall be a lead merchant banker and shall also appoint other intermediaries, in consultation with the lead merchant banker, to carry out the obligations relating to the issue.

Delhi VAT: Govt mandates display of Registration Certificate

May 10, 2016 3718 Views 0 comment Print

In compliance of Rule 14(3) of Delhi Value Added Tax Rules, 2005 all the ACs/ward incharges are hereby directed to ensure, within their respective jurisdiction, that all the registered dealers, shall prominently display the certificate of registration at their principal place of business and a certified copy thereof at all other places of business in Delhi.

India-Mauritius DTAA amended to tackle round tripping of funds

May 10, 2016 3475 Views 0 comment Print

Revised Protocol will tackle the long pending issues of treaty abuse and round tripping of funds attributed to the India-Mauritius treaty, curb revenue loss, prevent double non-taxation, streamline the flow of investment and stimulate the flow of exchange of information between India and Mauritius.

CBEC Clarification on segregation of impurities

May 10, 2016 1573 Views 0 comment Print

Representations have been received from the members of the trade involved in manufacture of brass products, regarding applicability of provisions relating to clearance of segregated foreign materials as “inputs as such- from imported honey grade brass scrap.

Regarding classification of export item Silico manganese

May 10, 2016 1981 Views 0 comment Print

It is been clarified by the DEPB Committee vide its decision dated 20.07.2007 that Silico Manganese is a trade name and chemical name is Ferro-silico-Manganese for the item listed at listed at Sl. No. 347 of DEPB List (Engg).

Verification of ITR through EVC pending due to non-filing of ITR-V

May 9, 2016 5401 Views 0 comment Print

Verification of tax-returns for Assessment Years 2009-2010, 2010-2011, 2011-2012 2012-2013, 2013-2014 and 2014-2015 through EVC which are pending due to non-filing of ITR-V Form and processing of such returns-regd.

President assents to repeal 293 laws & amends 2

May 9, 2016 1912 Views 0 comment Print

Repealing and Amending Act, 2016 repeal 295 Acts and make minor amendments to (i) the Sexual Harassment of Women at the Work Place (Prevention, Prohibition and Redressal) Act, 2013, and (ii) the Governors (Emoluments, Allowances and Privileges) Amendment Act, 2014.

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