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CBDT notifies one more exception to Faceless Assessment Scheme

September 6, 2021 23541 Views 0 comment Print

CBDT notifies that Assessment Orders in cases where pendency could not be created on ITBA because of technical reasons or cases not having a PAN, as the case may be shall not be passed by the National Faceless Assessment Centre (NaFAC) u/s 144B of Income Tax Act, 1961. 

Cabinet approves appointment of 3 officers as CBIC Member

September 3, 2021 2151 Views 0 comment Print

Appointments Committee of the Cabinet has approved the appointment of the following officers to the posts of Member, Central Board of Indirect Taxes and Customs (CBIC): (i) Shri D.P. Nagendra Kumar, IRS (C&IT:1985), Principal Chief Commissioner, CGST, Bengaluru against the vacancy dated 01.05.2021;

MahaRERA: Roznama and next date of hearing in complaints

September 2, 2021 7164 Views 0 comment Print

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Date: 02/09/2021 Order No. 22/2021 No. MahaRERA/Secy/File No. 27/185/2021 Sub: Roznama and next date of hearing in complaints. Whereas, the Maharashtra Real Estate (Regulation and Development) Act, 2016 (the Act) was enacted so as to establish the Real Estate Regulation Authority having amongst others, one of its objectives as being […]

IRDAI penalises Saferisk Insurance Brokers for Solicitation by other than BQP

September 1, 2021 2907 Views 0 comment Print

The Broker started his business during FY 2015-16 and the premium business is more than 10 crores during the FYs 2015-16, 2016-17 and 2018-19 and as per IRDAI (Insurance Brokers) Regulations, 2013 it is mandatory for an insurance broker to have a designated compliance officer if their business in a financial year is more than Rs 10 crores of premium.

MSMEs vs. Traders: Understanding Delayed Payment Benefits

September 1, 2021 5028 Views 0 comment Print

Explore how the recent policy update impacts MSMEs and traders regarding delayed payment benefits under the MSMED Act, 2006. Insights for businesses.

36 officers promoted to the Grade of CCIT

August 31, 2021 6066 Views 0 comment Print

Office Order No. 226 of 2021 Consequent upon approval of the Competent Authority, the following officers are, hereby, promoted to the grade of Chief Commissioner of Income Tax (CCIT) (level 16 in the pay matrix Rs. 2,05,400-2,24,400/-) for the panel year 2021 on in-situ basis with immediate effect or w.e.f. the date of assumption of charge of the post by them, whichever is later:

Karasamadhana Scheme, 2021 time extended till 30.10.2021

August 31, 2021 19473 Views 4 comments Print

Considering the request of the Karnataka State Tax Practitioners Association (R) Bengaluru, time for completion of assessments/re-assessments/rectification and other proceedings was extended upto 31.10.2021.

Implementation of CBS-CTS Integration & Centralized Cheque clearing solution from 30.08.2021

August 29, 2021 4986 Views 0 comment Print

From 30.08.2021 all GPOs/HPOs shall scan cheques collected for POSB operations (outward cheques) of CBS post offices in the new CTS application only. Inward clearing operations received on 30/08/2021 will be done in the old CTS application and Finacle by respective grids/HOs as per the existing procedure.

RP to disclose voting pattern & should file relationship disclosure

August 27, 2021 1962 Views 0 comment Print

Regulation 26(4) of the CIRP Regulations makes it mandatory for the RP to make disclosure about the voting pattern, the objective being to ensure transparency in the process and boost confidence among the CoC members. As per the regulation 26(4) of CIRP Regulations, Mr. Pramod Kumar Sharma was to disclose the names of the members […]

Department of Posts – Roll-Out plan for RICT CBS version 1.4.3.0

August 24, 2021 4416 Views 0 comment Print

SB Order No. 25/2021 No.FS-10/47-2021-FS-DOP Govt. of India Ministry of Communications Department of Posts (F S Division) Dak Bhawan, New Delhi-110001 Dated: 24.08.2021 To, All Head of Circles/Regions Subject: – Regarding roll out of RICT CBS version 1.4.3.0 in RICT CBS devices from 25.08.2021. Sir/Madam, New RICT CBS version 1.4.3.0 for RICT devices have been […]

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