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Orders

Extension of ad-hoc appointments of 213 ACsIT

March 5, 2020 1824 Views 0 comment Print

CBDT Extends ad-hoc appointments of the 213 Assistant Commissioners of Income Tax (ACsIT) Vide Office Order No. 46 of 2020 Dated 05th March, 2020.

Import of ‘Punnets’ as packing material for export of grapes

March 5, 2020 690 Views 0 comment Print

It was stated by the Board that the punnets imported for re-export of grapes may be extended the benefit of Notification No. 104/94-Customs dated 16.03.94 subject to the condition that they are re-exported as provided in the Notification.

Yes Bank placed under Moratorium- Depositor Withdrawal capped to Rs. 50K

March 5, 2020 29190 Views 3 comments Print

Government directs that during the period of moratorium, Yes Bank shall not, make, in the aggregate, payment to a depositor of a sum exceeding Rs. 50,000/- lying to his credit, in any savings, current or any other deposit account, by whatever name called till RBI permits in writing.

No penalty/revival fee in RD/PPF/SSA Accounts till 30.06.2020

March 3, 2020 975 Views 0 comment Print

The subscribers of RD/PPF/SSA Accounts may deposit the mandated due amount, if any of current F.Y. (2019-20) and April, 2020 (as the case may be) in their respective accounts till 30th June, 2020 and no penalty/revival fee shall be charged

Committee formed to look into existing Transfer/Placement Guidelines for IRS officers

March 3, 2020 1731 Views 0 comment Print

With the approval of Competent Authority following Committee is formulated to look into the existing Transfer/Placement Guidelines for IRS officers. The Department has undergone comprehensive restructuring and with including of new assessment methodologies like NeAC and ReAC it has become imperative to revisit the existing placement guidelines.

IP warned to be extremely careful, diligent & act strictly as per law

February 27, 2020 837 Views 0 comment Print

Keeping in view the circumstances of the CIRP of Corporate Debtor, the RP is hereby warned to be extremely careful, diligent, strictly act as per law and similar action should not be repeated.

DC warns IP for not conducting CIRP in a transparent manner

February 26, 2020 813 Views 0 comment Print

In the matter of Ms. Kavitha Surana, Insolvency Professional (IP) under Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016 read with Section 220 of the Insolvency and Bankruptcy Code, 2016 (Code) INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Disciplinary Committee) Order No. IBBI/DC/17/2020 26th February, 2020 In the matter of […]

Companies (Auditor’s Report) Order, 2020 (CARO 2020)

February 25, 2020 283710 Views 9 comments Print

(1) This Order may be called the Companies (Auditor’s Report) Order, 2020. (2) It shall apply to every company including a foreign company as defined in clause (42) of section 2 of the Companies Act, 2013 (18 of 2013) [hereinafter referred to as the Companies Act], except–

Committee to study feasibility of allowing life insurers to offer indemnity based health policies

February 25, 2020 591 Views 0 comment Print

Representations have been received from Life Insurance Companies to allow them to offer indemnity products as well. 1. In order to examine the feasibility of allowing life insurers offer indemnity based health policies, the competent Authority has decided to set up a committee with the following members:

Delegation of authority for blocking of credits in Maharashtra

February 24, 2020 825 Views 0 comment Print

State commissioner of  Maharashtra issues a Notification for Delegation of authority for blocking of credits  as per CGST Rule 86A.  Notification Authorises Deputy Commissioners, Assistant Commissioners and All state tax officers for blocking of credit. COMMISSIONER OF STATE TAX, MAHARASHTRA STATE GST Bhavan, Mazgaon, Mumbai 400 010, dated 24th January 2020 Order MAHARASHTRA GOODS AND […]

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