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Revision of interest rates for National (Small) Savings Schemes w.e.f. 01.10.2020

October 1, 2020 1575 Views 0 comment Print

Rate of interest on various Small Savings Schemes (National Savings Schemes) for the third quarter of financial year 2020-21 (starting from 1st October ,2020 and ending on 31th December, 2020) shall remain unchanged from those notified for the second quarter of Financial Year 2020-21

Without AFA, an IP is not eligible to undertake assignments: IBBI

October 1, 2020 1197 Views 0 comment Print

one of the essential conditions for undertaking any assignment by an IP is that he should have a valid AFA which is issued by the IPA with which he is enrolled. In other words, without AFA, an IP is not eligible to undertake assignments or conduct various processes thereof after 31st December, 2019. Regulation 7A was […]

CBDT extends due date for filing ITRs for AY 2019-20 to 30.11.2020

September 30, 2020 32478 Views 3 comments Print

On further consideration of genuine difficulties being faced by taxpayers due to the Covid-19 situation, CBDT further extends the due date for furnishing of belated & revised ITRs for Assessment Yr 2019-20 from 30th September, 2020 to 30th November, 2020. Order u/s 119(2a) issued. F. No. 225/150/2020-ITA-II Government of India Ministry of Finance Department of […]

Unlock 5.0 Guideline- Cinema halls can Operate at 50% Capacity

September 30, 2020 555 Views 0 comment Print

State/ UT Governments may take a decision in respect of re-opening of schools and coaching institutions, after 15th October 2020, in a graded manner. The decision shall be taken in consultation with the respective school/ institution management, based on their assessment of the situation, and subject to the following conditions:

Revised Small Savings Scheme interest rates w.e.f. 01.10.2020

September 30, 2020 2511 Views 0 comment Print

The rates of interest on various Small Savings Schemes for the third quarter of financial year 2020-21 starting from 1st October, 2020 and ending on 31st December, 2020 shall remain unchanged from those notified for the second quarter (1st July, 2020 to 3oth September, 2020) of financial year 2020-21.

CBDT order on Upload of GST Return Information in Form 26AS

September 29, 2020 22563 Views 2 comments Print

Director-General of Income-tax (Systems) to upload information relating to GST return, which is in his possession, in the Annual Information Statement in Form 26AS, within three months from the end of the month in which the information is received by him.

299 CIT/CCIT diverted to National Faceless Appellate Centre

September 25, 2020 2790 Views 1 comment Print

Order No. 182 of 2020 With the approval of the Finance Minister, the following existing posts in the various grades of India Revenue Service are diverted to the newly created National Faceless Appellate Centre (NFAC), Delhi and its four Regional Faceless Appellate Centres (RFACs) at Delhi, Mumbai, Chennai and Kolkata, with immediate effect and until further orders:

Setting up of RFAC under Faceless Appellate Scheme, 2020

September 25, 2020 1374 Views 0 comment Print

OFFICE ORDER – 2 Subject: Setting up of RFAC under Faceless Appellate Scheme, 2020- reg- In pursuance of para 4 of S.O. 3296 (E) Notification No. 76/2020/F.No. 370142/33/2020-TPL, dated the 25th September, 2020 notifying the Faceless Appeal Scheme, 2020 and powers conferred under section 250 (6B) of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby sets up the Regional Faceless Appellate Centres (hereinafter referred to as the RFACs), which shall have their headquarters at the places mentioned at column (3) and shall comprise of the following Income-tax Authorities:

Setting up of NFAC under “Faceless Appellate Scheme, 2020

September 25, 2020 6177 Views 1 comment Print

OFFICE ORDER – 1 Subject: Setting up of NFAC under “Faceless Appellate Scheme,  2020”- reg In pursuance of para 4 of S.O. 3296 Notification No 76/2020/F.No 370142/33/2020-TPL,dated the 25th September, 2020, notifying the Faceless Appeal Scheme, 2020 and powers conferred under section 250 (6B) of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby sets up the National Faceless Appellate Centre (hereinafter referred to as the NFAC), which shall have its headquarters at Delhi and shall comprise of the following Income-tax Authorities: –

Display Date of Manufacturing & Best Before Date in case of Sweets -Reg

September 25, 2020 744 Views 0 comment Print

The FBOs shall decide and display the Best Before Date of sweets depending upon the nature of the product and the local conditions. An indicative list of shell life of various types of sweets is given in the Guidance Note on Safety of Traditional Milk Products which is available on FSSAI website.

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