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Orders

Promotion to the grade of Chief Commissioner of income Tax (CCIT) – CBDT ORDER NO. 202 OF 2011

December 27, 2011 1133 Views 0 comment Print

ORDER NO. 202 OF 2011 The following officers in the grade of Commissioner/Director of Income Tax are hereby promoted to the grade of Chief Commissioner of income Tax (CCIT) in the Pay Scale of Rs. 67,000-79,000/- with effect from 01.01.2012 and actually from the date of assumption of charge of the post and until further orders:

IRDA – Dismantling of existing Indian Motor Third Party Pool

December 27, 2011 583 Views 0 comment Print

In exercise of the powers vested under Section 14(2) of the IRDA Act, 1999, the Authority issues the following order reforming the Indian Motor Third Party Pool System. The Authority hereby orders the dismantling of the existing Indian Motor Third Party Pool with effect from 31.3.2012.

IRDA – Reforming Indian Motor Third Party Pool System

December 27, 2011 2524 Views 0 comment Print

ORDER NO. IRDA/NL/ORD/MPL/277/12/2011, Independent review conducted by the Authority through various agencies has revealed that the current framework of the pool is severely affecting the financial viability of the general insurance sector due to alarming capital depletion in the sector. The analysis of the data also revealed huge inefficiencies in claim settlement by the companies reflected in the average claim ratio which differed by as much as 100%.

Documents required for Service Tax Registration – CBEC

December 16, 2011 7098 Views 0 comment Print

Central Board of Excise and Customs hereby specifies the following documents that are required to be submitted by the person who has made an application for registration under Rule 4(1) of the Rules ibid: (a) Copy of Permanent Account Number (PAN) (b) Proof of Residence (c) Constitution of the Applicant. (d) Power of Attorney in respect of authorised person (s).

Request for No Action Letter under SEBI (Informal Guidance) Scheme, 2003

November 29, 2011 1089 Views 0 comment Print

RBI has exempted stock brokers registered with SEBI from registering itself as NBFC, upon compliance of certain conditions including that it shall not hold or accept public deposits as defined in paragraph 2(1)(xii) of the Notification No. DFC.118/DG(SPT)-98 dated January 31,1998.

Ad hoc exemption to security agency's services provided during 16-10-1998 to 31-3-2009 by Central Industrial Security Force

November 24, 2011 3113 Views 0 comment Print

AD HOC EXEMPTION ORDER No.1/1/2011, dated 1-7-2011 Whereas, the Central Industrial Security Force (CISF) constituted under the CISF Act, 1968 as a force for protection and security of industrial undertakings is a multi-skilled agency under Government of India, Ministry of Home Affairs. In addition to securing property belonging to Government of India, they also provide security service to several other properties including those owned by public sector companies and State Governments for a consideration.

Ad hoc exemption to outdoor catering service provided during 10-9-2004 to 2-9-2010 by NGOs registered under any Central or State Act under centrally assisted mid-day meal scheme

November 24, 2011 795 Views 0 comment Print

Whereas a Non Government Organization registered under any Central Act or State Act, under the Centrally assisted Mid-Day Meal Scheme, has been granted exemption from service tax vide Notification No. 47/2010 – Service Tax, dated 3-9-2010 for providing the taxable service of outdoor catering referred to in sub-clause (zzt) of clause (105) of section 65 of the Finance Act 1994;

Section 83A – power of adjudication – Assignment of specified cases to commissioner of Service Tax, Delhi

November 19, 2011 2303 Views 0 comment Print

ORDER NO. 03/2011 – Service Tax, dated 10-8-2011- In exercise of the powers conferred by Notification No. 16/2007 – Service Tax, dated 19th April, 2007, Central Board of Excise and Customs hereby assigns to the Commissioner of Service Tax, Delhi the case specified in the following Table, for the purpose of adjudication.

Orders Appointing Income Tax Ombudsmen in 5 cities

November 14, 2011 6089 Views 0 comment Print

rtment of Revenue, Ministry of Finance has, vide office order Nos. 299 to 303, all dated 8.11.2011 notified the appointments of Ombudsman at Bangaluru, Ahmedabad, Mumbai, Lucknow and New Delhi. OFFICE ORDER NO.303/2011-Ad.I (appointment of I.T. Ombudsman at New Delhi) -Dated : 08/11/2011

Transfers & Postings of Commissioners & Directors of Income-tax – Order No. 176 of 2011

October 28, 2011 2570 Views 0 comment Print

ORDER NO. 176 OF 2011 -The following postings and transfers of officers in the grade of Commissioners/Director of Income Tax are hereby ordered with immediate effect and until further orders:

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