Follow Us:

Orders

IP need not obtain permission of CoC for operational expenses

February 10, 2022 2658 Views 0 comment Print

The DC notes that the submission of Mr. Goel that he had incurred various expenses for the travel and stay of CoC members but not in the capacity as members of CoC but rather as ‘secured lenders of CD who wanted to visit premises of CD’ which is part of the ordinary course of business. […]

Non-Appointment of CS – penalty reduced considering continuing losses of company

February 8, 2022 546 Views 0 comment Print

Non-Appointment CS – penalty reduced – company is suffering from continuous losses and loss for the financial year 2021-22 was Rs. 5.99/- Crores and accumulated losses of Rs.19.74/- Crores, the accumulated losses is more than the paid up share capital, thus resulting negative net worth of Rs.1.74 Crores

Govt Includes Insurance Surety Bonds as Security Instrument for Govt procurements

February 2, 2022 3600 Views 0 comment Print

Union Finance Minister Smt. Nirmala Sitharaman announced in Union Budget 2022-23 speech that in order to reduce indirect cost for suppliers and work-contractors, the use of surety bonds as a substitute for bank guarantee will be made acceptable in government procurements. General Financial Rules (GFRs) 2017 have been revised vide OM No. F.1/1/2022-PPD dated 02.02.2022 […]

Maharashtra relaxes Covid-19 curbs from 1st February 2022

February 1, 2022 3936 Views 0 comment Print

a) Beaches, Gardens, Parks to remain open as per normal timing before the advent of the COVID-19 pandemic. b) Amusement/ Theme parks to remain operational with 50% of the operational capacity. c) Swimming Pools, Water-Parks to remain open with 50% capacity.

CBDT set-up up office for operationalising Interim Boards for Settlement

January 31, 2022 3669 Views 0 comment Print

CBIC hereby sets up office for the Interim Boards for Settlement (hereinafter referred to as ‘the IBS’) as specified in Column 2 of the Schedule below, with their headquarters at the places mentioned in Column 3 of the said Schedule and comprising of Income-tax Authorities as specified in Column 4 of the said Schedule.

Covid 19- State and UTs need to exercise caution and vigilance -MHA

January 27, 2022 1095 Views 0 comment Print

Kindly refer to the Ministry of Home Affairs’ (MHA) Order of even number issued today, vide which MHA Order dated 27.12.2021 issued to ensure compliance to the normative framework for taking evidence based COVID-19 containment measures, has been extended upto 28.02.2022.

Introduction of online PAN verification functionality in Finacle CBS System

January 25, 2022 15405 Views 0 comment Print

At present, in Finacle CBS System, the PAN Card of the Depositors are updated as part of KYC compliance. The PAN Card entered in the system is validated only based on the standard PAN format i.e. 10 ALPHA Numeric Characters. But the correctness of the PAN card numbers provided by the Depositors or the PAN entered by the Post Office officials are not validated with NSDL currently.

Office Order pursuant to CBDT Order No. 304 of 2021 dated 08.11.2021

January 24, 2022 2037 Views 0 comment Print

Office Order pursuant to CBDT Order No. 304 of 2021 dated 08.11.2021- In pursuance to the above and in exercise of the powers conferred by Explanation to sub-section (1) of section 120 of the Income-tax Act, 1961 as also section 59 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), it is hereby ordered that the officers referred to in column (3) of the table hereunder, in the grade of Commissioners of Income-tax shall exercise the powers and perform the functions of the Income-tax Authority

Delhi Govt fixes maximum price for RT-PCR COVID19 test at Rs. 300

January 22, 2022 3438 Views 0 comment Print

Conventional RT PCR Test wherein samples are collected by Private lab teams for Government and processed further at their lab and Conventional RT PCR Test wherein individual gives their samples at the Labs/Private Hospitals/Collection facilities for paid testing at their own expense (including all charges-sample collection & testing cost at the site)  

93 JCITs assigned jurisdiction for exercise of power under Income Tax & Benami Property Act

January 20, 2022 3558 Views 0 comment Print

In pursuance to the above and in exercise of the powers conferred by Explanation to sub-section (1) of section 120 of the Income-tax Act, 1961 as also section 59 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), it is hereby ordered that the officers referred to in column (3) of the table hereunder, in the grade of Joint Commissioners of Income-tax shall exercise the powers and perform the functions of the Income-tax Authority, referred to in columns (4) of the table hereunder in consequence to and from the date of the order no. 352 of 2021 dated 30.12.2021 issued from F.No.A-32012/3/2021—Ad.VI and until further orders.

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031