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Transfers/postings and additional charge in CIT Grade of 16 CITs

March 17, 2020 3321 Views 0 comment Print

CBDT orders transfers/postings and additional charge arrangements in the grade of Commissioners of Income Tax  with immediate effect vide Office Order No. 49 of 2020 dated- 17.03.2020.

ITAT Advisory on functioning of Benches due to Coronavirus

March 16, 2020 1137 Views 0 comment Print

(i) that the functioning of the Benches for a period from 17.3.2020 to 27.3.2020 shall be restricted to only urgent matters; (ii) that the Authorized Representatives or parties in person may mention their matters showing their urgency before the concerned Bench and upon the satisfaction of urgency, the Bench shall hear such matters;

ESI contribution due date extended for February & March 2020

March 16, 2020 73296 Views 1 comment Print

The ESI contribution for the month of February, 2020 & March 2020 can be filed & paid up to 15th April, 2020 & 15th May 2020 instead of 15th March, 2020 & 15th April, 2020 respectively.

MahaRERA- Rescheduling of hearing due to Coronavirus epidemic

March 16, 2020 591 Views 0 comment Print

The Hearing of all cases before MahaRERA & Adjudicating Officers shall be adjourned till 31st March, 2020. The cases which are scheduled from 16th March 2020 till 31st March 2020 are being rescheduled due to pandemic of Coronavirus except the very urgent matters.

Mere B.Com cannot be registered as valuer for asset class of “Securities or Financial Assets”

March 13, 2020 3363 Views 0 comment Print

The application for registration as valuer of the applicant was received by the Authority only on 19th March 2019. There can be no doubt that the applicant must satisfy the eligibility conditions in accordance with the relevant laws prevalent at the time of grant of registration. When the application of the applicant was received by […]

IBBI warns RP to be extremely careful & diligent in performing duties under IBC

March 13, 2020 3399 Views 0 comment Print

In this matter, the DC observes that Mr. Arun Kumar Gupta displayed a casual approach during the conduct of CIRP. When a CD is admitted into CIRP, the Code shifts the control of a CD to creditors represented by a CoC for resolving its insolvency. The CoC holds the key to the fate of the […]

Committee to prepare Investigation manual for SFIO

March 6, 2020 1464 Views 0 comment Print

F. No. Legal-35/3/2020 Government of India Ministry of Corporate Affairs 5th Floor, Shastri Bhavan, Dr. Rajendra Prasad Road, New Delhi-110001, Date: 06.03.2020 OFFICE ORDER Subject: Constitution of High Level Committee for preparation of Investigation manual for Serious Fraud Investigation Office (SFIO) With the approval of Competent Authority, a Committee with following composition is hereby constituted […]

Extension of ad-hoc appointments of 213 ACsIT

March 5, 2020 2172 Views 0 comment Print

CBDT Extends ad-hoc appointments of the 213 Assistant Commissioners of Income Tax (ACsIT) Vide Office Order No. 46 of 2020 Dated 05th March, 2020.

Import of ‘Punnets’ as packing material for export of grapes

March 5, 2020 927 Views 0 comment Print

It was stated by the Board that the punnets imported for re-export of grapes may be extended the benefit of Notification No. 104/94-Customs dated 16.03.94 subject to the condition that they are re-exported as provided in the Notification.

Yes Bank placed under Moratorium- Depositor Withdrawal capped to Rs. 50K

March 5, 2020 29826 Views 3 comments Print

Government directs that during the period of moratorium, Yes Bank shall not, make, in the aggregate, payment to a depositor of a sum exceeding Rs. 50,000/- lying to his credit, in any savings, current or any other deposit account, by whatever name called till RBI permits in writing.

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