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Notifications/Circulars

FSSAI Imports related directions on rectifiable labeling information

June 28, 2022 756 Views 0 comment Print

FSSAI Imports related directions on rectifiable labeling information for imported food consignments and import of Clove Stem – Instruction No. 10/2022-Customs

Jurisdiction Notification No. 72/2022-Income Tax, Dated: 28.06.2022

June 28, 2022 777 Views 0 comment Print

Jurisdiction Notification No. 72/2022-Income Tax, Dated: 28.06.2022 under section 120 of the Income tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 72/2022-Income Tax | Dated: 28th June, 2022 S.O. 2925(E).—In exercise of the powers conferred by sub- sections (1) and (2) of section 120 of […]

Jurisdiction Notification No. 71/2022-Income Tax, Dated: 28.06.2022

June 28, 2022 1068 Views 0 comment Print

Jurisdiction Notification No. 71/2022-Income Tax, Dated: 28.06.2022 under section 120 of the Income tax Act, 1961. Also Read:CORRIGENDUM to Notification No. 71/2022-Income Tax | Dated: 28.06.2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 71/2022-Income Tax | Dated: 28th June, 2022 S.O. 2926(E).— In exercise of powers conferred […]

Tolerance Band for AY 2022-23 in case of wholesale trading & others

June 28, 2022 2373 Views 0 comment Print

In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act, 1961 (43 of 1961)(hereafter referred to as the said Act), read with proviso to sub-rule (7) of rule 10CA of the Income-tax Rules, 1962, the Central Government hereby notifies that where the variation between the arms length price determined under section 92C of the said Act and the price at which the international transaction or specified domestic transaction has actually been undertaken does not exceed one per cent.

Forest (Conservation) Rules, 2022

June 28, 2022 5004 Views 0 comment Print

These rules may be called the Forest (Conservation) Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

Adjustment in derivative contracts for dividend announcements

June 28, 2022 933 Views 0 comment Print

Based on the recommendations of SMAC, it has been decided that the adjustment in derivative contracts shall be carried out in cases where dividends declared are at or above 2% of the market value of underlying stock.

Section 194S TDS on transactions other than those taking place on or through an Exchange

June 28, 2022 67596 Views 0 comment Print

CBDT Order under section 119 of the Income-tax Act, 1961 (the Act) in relation to tax deduction at source under section 194S of the Act for transactions other than those taking place on or through an Exchange

General Waiver of penalty for late thing of Bill of Entry due to ICES being down for DR Drill and Maintenance

June 28, 2022 381 Views 0 comment Print

Though the ICES was functional intermittently on 25.06.2022, the members of trade have conveyed that they faced difficulty in filing the Bills of Entry, on time, on that day.

Committees at Market Infrastructure Institutions (MIIs) in IFSC

June 28, 2022 684 Views 0 comment Print

The MII shall ensure that on every Committee, except IGRC, the number of Public Interest Directors (PIDs) shall not be less than the total of number of Shareholder Directors, Key Management Personnel (KMPs), independent external persons, etc. put together, wherever Shareholder Directors, KMPs, independent external persons, etc. are part of the concerned Committee.

DGGI Meerut recovers 31 Crore GST from entities not registered under GST

June 27, 2022 2133 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110 001 Tel. : +91-11-23092849, Fax : +91-11-23092890 E-mail : [email protected] DO No. 30/CH(IC)/2022 27th June, 2022 Last week, the 139th/ 140th Sessions of the World Customs Organization (WCO) Council were held in Brussels, Belgium. The […]

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