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Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2022

March 31, 2022 1236 Views 0 comment Print

Rate of interest on various Small Savings Schemes (National Savings Schemes) for the first quarter of financial year 2022-23 (starting from 1st April, 2022 and ending on 30th June, 2022) shall remain unchanged from the current interest rates applicable for the fourth quarter (1st January, 2022 to 31st March, 2022) of Financial Year 2021-2022.

Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Second Amendment) Order, 2022

March 30, 2022 2097 Views 0 comment Print

This order may be called the Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Second Amendment) Order, 2022. It shall come into force with effect from 1st April, 2022.

Forms under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2022

March 30, 2022 5064 Views 0 comment Print

Commissioner of State Tax notifies forms under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2022 for carrying out purposes of settlement of arrears under the Relevant Act, in respect of the period ending on or before the 30th June 2017 COMMISSIONER OF STATE TAX, MAHARASHTRA STATE GST Bhavan, Mazgoan, Mumbai […]

Consequences of Not-Linking PAN with Aadhaar applicable from 01.04.2023

March 30, 2022 9873 Views 2 comments Print

CBDT vide its order Notifies 1st day of April, 2023, as the specified date for the purpose of the proviso to sub-rule (2) of rule 114AAA of the Income-tax Rules, 1962. As per this proviso Where a person, whose permanent account number (PAN) has become inoperative due to non linking with Aadhaar under sub-rule (1) […]

Trade squared up within 04 seconds- SEBI held the same as non genuine trade

March 24, 2022 867 Views 1 comment Print

SEBI noted from the trade log details, that the trades executed by the Noticee in a contract were squared up within 04 seconds, which is a very short span of time, with his counter-party. As can be seen from the table, the Noticee on February 13, 2015 at 15:14:44 hrs (Order time of Noticee: 15:14:44 […]

Procedure for implementation of change of option by a Pensioner/Family Pensioner from FMA to CGHS (OPD) facility and vice-versa-reg

March 23, 2022 3912 Views 0 comment Print

Only those Pensioners/Family Pensioners who are residing in an area not covered by CGHS, and specifically opt for not availing of OPD facilities in the nearest CGHS dispensary, are entitled medical allowance. An option is required to be exercised by a retiree at the time of retirement for availing OPD medical facility or FMA. Only one change in option in the life-time of a Pensioner/Family Pensioner is allowed.

IBC 2016 provides for inclusion of financial creditors in a class in CoC

March 22, 2022 4260 Views 0 comment Print

The DC notes that regulation 8 (1) of the CIRP Regulations provides for Form C for submission of claim by financial creditors other than class of creditors, while regulation 8A of the CIRP Regulations provides for Form CA for submission of claim by financial creditor belonging to a class. Further, regulation 8(2) and regulation 8A […]

Rajasthan VAT: Incentive Scheme for Recovery of Outstanding Demands, 2022

March 21, 2022 969 Views 0 comment Print

Incentive Scheme for Recovery of Outstanding Demands-2022 – Employee(s) shall be eligible for incentive when 50% of reduction has been made in total outstanding demand pertaining to corresponding jurisdiction as on 01.03.2022.

CBDT notifies Assessments to be completed by jurisdictional AO

March 17, 2022 17664 Views 1 comment Print

CBDT notifies vide Order No. F. No. 187/3/2020-ITA-I | Dated: 17th March, 2022 the Assessments which shall he completed by the jurisdictional Assessing Officer (AO)  i.e. Assessment orders in all cases for which the time for completion expires on 31.03.2022 pending with the jurisdictional Assessing Officer as on 15.03.2022 or thereafter, which cannot he completed […]

Section 144B | Cases in which limitation period expires on 31.03.2022

March 17, 2022 6897 Views 0 comment Print

Cases for which the time limit for completion expires on 31.03.2022 pending with the jurisdictional Assessing Officer as on 15.03.2022 or thereafter, which cannot be completed as per the procedure laid down under Section 144B of the Act due to technical / procedural constraints in the given period of limitation

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