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Transfer/postings of 31 officers in the grade of PCIT/PDIT

November 29, 2021 5724 Views 0 comment Print

Vide Office Order No. 321 of 2021 transfer/postings of 31 officers in the grade of Principal Commissioners of Income Tax/Principal Directors of Income Tax, are ordered by CBDT and in addition to that 83 officers are given additional charge in the grade of PCIT/PDIT. F. No. A-22011/6/2021-Ad-VI Government of India Ministry of Finance Department of […]

Maharashtra govt issues fresh Covid-19 guidelines

November 27, 2021 4620 Views 0 comment Print

As per new Travellers Covid-19 guidelines coming to Maharashtra state from any international destination shall be governed by directions of govt of India in this respect. Domestic travellers coming to Maharashtra shall either be fully vaccinated or carry RT-PCR test valid for 72 hrs. GOVERNMENT OF MAHARASHTRA Department of Revenue and Forst, Disaster Management, Relief […]

No violation by IP if he appoints internal auditor for ensuring transparency

November 25, 2021 1995 Views 0 comment Print

The DC notes the submission of Mr. Garg as to the allegation of charging the fee of the independent auditors to CIRP cost that there was a complete mistrust between the allottees & the Corporate Debtor. To bridge that mistrust between the Corporate Debtor & the allottees and for ensuring disclosure and greater transparency in […]

ROC Imposes 1.5 Crore Penalty for Violation of section 42 of Companies Act, 2013

November 24, 2021 15087 Views 0 comment Print

As per the provisions of Sub-Section (10) of Section 42 of Companies Act, 2013, if a company makes an offer or accepts monies In contravention of this section, the company, its promoters and directors shall be liable for a penalty which may extend to the amount Involved In the offer or Invitation or two crore […]

A person cannot register as valuer if serious criminal proceeding pending against him

November 24, 2021 1695 Views 0 comment Print

Pendency of the serious criminal proceeding against the applicant, as noted above, adversely impacts his reputation and makes him a person who is not ‘fit and proper’ to be eligible as a registered valuer. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (Authority specified by the Central Government under section 458 of the Companies Act, 2013) ORDER […]

Transfer/postings of 43 officers in CCIT/DGIT grade

November 24, 2021 8109 Views 0 comment Print

Office Order No. 318 of 2021- The following transfer/postings of the officers in the grade of Chief Commissioners of Income Tax/Director Generals of Income Tax, are hereby ordered with immediate effect and until further orders

Reg. Issue of interest certificate of POSB Schemes for return filing

November 23, 2021 29229 Views 0 comment Print

References have been received from the customers to provide a consolidated certificate for interest earned in their POSB accounts in a Financial Year for the purpose of filing of Income Tax returns etc.

Clarifications on operation of PM CARES for Children Scheme, 2021

November 22, 2021 1902 Views 0 comment Print

Clarifications on operation of PM CARES for Children Scheme, 2021 and circulation of provisional Accounting Procedure for ‘PM CARES for Children Scheme-2021– Regarding.

Deduction/Non-deduction of TDS in SCSS accounts in post offices

November 22, 2021 10128 Views 0 comment Print

i. Whenever the SCSS account holder submits form 15G/15H, the concerned post office shall ensure that the details in customers CIF and SCSS account as prescribed in the table below. ii. All CBS post offices shall ensure that all form 15G/15H already received are updated in Finacle, as TDS deduction is based on the information available in CIF and Account level.

Experience as a proprietor or non-executive director cannot be considered as a substitute of desired experience in management for IP Registration

November 18, 2021 1140 Views 0 comment Print

Experience as a proprietor or non-executive director cannot be considered as a substitute of desired experience in management for IP Registration It is observed that the applicant is providing consultancy and valuation services and is not in full time employment with any It is also observed that Elite Construction was registered with PF authorities on […]

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