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CCI imposes penalty on ‘Maruti’ for controlling discounts by dealers

August 23, 2021 2031 Views 0 comment Print

Re Maruti Suzuki India Limited (Competition Commission Of India) The Competition Commission of India (CCI)  imposed a ₹200 crore penalty on Maruti Suzuki India Ltd (MSIL), for allegedly stifling competition with its policy of controlling the discounts dealers could offer consumers. Commission concludes that MSIL not only entered into an agreement with its dealers across […]

Empanelment of 39 officers for promotion to CCIT grade

August 21, 2021 2529 Views 0 comment Print

Empanelment of the following officers for promotion to the grade of Chief Commissioner of Income Tax (CCIT) in the Indian Revenue Service (Income Tax) in Level 16 in the Pay Matrix for the panel year 2021 w.e.f the date of assumption of the charge of the post and until further orders:

Regarding implementation of CBS-CTS integration functionality for cheque clearance in CBS post offices

August 19, 2021 14688 Views 0 comment Print

The competent authority has decided to implement CBS-CTS integration functionality for CBS post offices w.e.f. 23/08/2021. A detailed Standard Operating Procedure (SOP) for cheque clearing under CBS-CTS integration have been prepared and attached for information and further necessary action.

Failure to Maintain Registered Office- MCA imposes Penalty of Rs. 4 Lakh

August 18, 2021 402 Views 0 comment Print

Introduction: The Ministry of Corporate Affairs (MCA) has imposed a penalty of Rs. 4 lakh on Oliveshine Mutual Benefit Nidhi Limited for failing to maintain a registered office, a violation of Section 12(1) read with Section 12(8) of the Companies Act, 2013. This article delves into the details of this penalty and the implications it […]

75 transfer/postings in the grade of ACIT/DCIT

August 18, 2021 3171 Views 0 comment Print

Office Order No. 209 of 2021 The following transfer/postings (Local changes) of the officers in the grade of Assistant/Deputy Commissioner of Income Tax, are hereby ordered with immediate effect and until further orders:

222 transfer/postings of the officers in the grade of PCIT/PDIT

August 17, 2021 6366 Views 0 comment Print

Office Order No. 206 of 2021 In supersession of all earlier orders, the following transfer/postings of the officers in the grade of Principal Commissioners of Income Tax/Principal Directors of Income Tax, are hereby ordered with immediate effect and until further orders:

Not to call Physical documents for non-revenue bearing amendments in BE

August 13, 2021 537 Views 0 comment Print

Both in case of non-revenue bearing amendments like correcting any spelling mistakes, LCL/FCL, change in Container No. etc. or revenue bearing amendments, the Assessing Groups shall not call for physical documents, and amendment approval should be decided on the basis of supporting documents uploaded on E-sanchit.

Letterhead Lacking Address Contact & CIN details: MCA Imposes ₹3 Lakh Penalty

August 13, 2021 567 Views 0 comment Print

Explore the penalty imposed on Malwa Remedies Pvt Ltd for violating Section 12 of Companies Act. Detailed analysis, implications & appeal process provided.

Transfer/postings of 497 JCIT/Addl. CIT

August 12, 2021 2637 Views 0 comment Print

Office Order No. 203 of 2021 The following 497 transfer/postings of the officers in the grade of Joint Commissioner/Additional Commissioner of Income Tax, are hereby ordered with immediate effect and until further orders:

FSSAI Mandating the non-issuance of Offline Renewal of FSSAI license

August 12, 2021 2175 Views 0 comment Print

Food Safety and Standards Authority of India (FSSA), (Regulatory Compliance Division, vide File No. 15(31)2020/FoSCoS/RCD/FSSAI dated 12th day of August, 2021 has issued, circular Mandating the non-issuance of Offine Renewal of FSSAI license. FSSAI had launched Food Safety Compliance System (FoSCoS) on 1st November, 2020 on pan-India basis, all States/UTs are issuing online licensing and […]

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