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Orders

Extension of ad-hoc appointments of 176 ITOs to ACIT grade

January 27, 2020 1107 Views 0 comment Print

Office Order No. 15 of 2020 – Extension of ad-hoc appointments of 176 Income Tax Officers to the grade of Assistant Commissioner of Income Tax (ACIT) –  F.No. A-32013/02/2016-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block. New Delhi. The 27th January, 2020. Office Order No. 15 […]

Reg. registration as a valuer in asset class ‘Land and Building’

January 27, 2020 3267 Views 0 comment Print

Applicant had submitted an application under section 247 of the Companies Act, 2013 read with rule 6 (1) of the Companies (Registered Valuers and Valuation) Rules, 2017 (Rules) seeking a certificate of registration as a Registered Valuer (RV) in the asset class ‘Land and Building’ (L&B).

GST: Delegation of powers for blocking of ITC under rule 86A

January 24, 2020 2034 Views 0 comment Print

Delegation of powers to all the Deputy Commissioners, Assistant Commissioners and to all the State Tax Officers for blocking of ITC under rule 86A of MGST Rules, 2017 COMMISSIONER OF STATE TAX, MAHARASHTRA STATE GST Bhavan, Mazgaon, Mumbai 400 010, dated 24th January 2020 Order MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. D.C.(A&R)-2/GST/PWR/Section/2017-18/ADM-8.—In exercise […]

Rajasthan Investment Promotion Scheme- 2019

January 17, 2020 13845 Views 0 comment Print

RAJASTHAN INVESTMENT PROMOTION SCHEME – 2019- In order to generate employment opportunities and promote rapid, sustainable and balanced economic growth in the State of Rajasthan

Fake GST Invoice: Dept. started Blocking ITC of fake credit availers

January 13, 2020 31575 Views 2 comments Print

All the CGST Zones are required to make a list, GSTN-wise of fake credit availers and block their ITC under Rule 86A(1)(a) for the entities located in their jurisdiction. If, however, there are certain entities which are located outside their jurisdiction, they should forward a list of such availers along with GSTN No. to the local office of the Pr.ADG/ADG DGGI, with a request to block credit of such GSTN immediately.

Collection of various types of fee prescribed in GSPR-2018 under Schedule II

January 10, 2020 4251 Views 0 comment Print

Till necessary provisions are made in Finacle/CSI for collection of various types of fee/charges on services, following process should be adopted by all concerned. (i) Collection of various types of fee to be collected in CSI — SAP through F-02/FB50

TDS | Cash Withdrawal above Rs. 1 Crore | National Savings Schemes

January 9, 2020 2169 Views 0 comment Print

Now TDS @2% under section 194N will be applicable on all cash withdrawals above Rs. One Crore taken by an account holder in his/her all type of Small Savings Schemes Accounts /Certificates taken together, from 1.4.2019 onwards.

IBBI suspends valuer license for using domain name ibbivaluer.com

January 8, 2020 942 Views 0 comment Print

As per the information provided by Mr. Rathi, he registered the website with the name www.ibbivaluer.com on 21st March 2019. The website uses the abbreviation ‘ibbi’ as part of domain name i.e. ibbivaluer.com at that time when he did not even pass the examination for registration as a valuer. There is no evidence on record […]

Revised Small Savings Schemes interest rates w.e.f. 01.01.2020

January 1, 2020 2355 Views 0 comment Print

Rate of interest on various National Small Savings Schemes for the fourth quarter of financial year 2019-20 ( starting from 1st January ,2020 and ending on 31st March, 2020) shall remain unchanged from those notified for the third quarter of Financial Year 2019-20 (01st October 2019 to 31st December,2019).

Implementation of ICES Test Module (Sample Test Entry) – reg

December 30, 2019 2199 Views 0 comment Print

Procedure for generating test memo at Appraising Group- While appraising the BE, the Appraiser, if desires to draw a sample of an item for testing purpose, will have to close the Appraising Option and Select Option – Sample Test Entry; from the main menu and will generate the test memo by recording the test instructions in the following manner:-

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