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One time amnesty Scheme for pre-GST dues: Forms and how to submit

March 7, 2019 14247 Views 9 comments Print

Under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance 2019 forms appended hereto to be the Forms for carrying out purposes of the settlement of aforesaid arrears under the Relevant Act, in respect of the period ending on or before the 30th June 2017

Insolvency Law Committee Re-Constituted to review IBC, 2016 implementation

March 6, 2019 837 Views 0 comment Print

Re-Constitution of Insolvency Law Committee as Standing Committee for review of implementation of Insolvency & Bankruptcy Code, 2016

Maharashtra VAT: Govt withdraws Pending Assessment Proceedings in 118731 cases

March 1, 2019 9960 Views 1 comment Print

For the effective utilization of the available manpower for the disposal of pending work under the Value Added Tax Act, the Central Sales Tax Act and also the work related to Goods and Services Tax, it has become necessary to formulate the criteria for withdrawal of the assessment proceedings where the likely revenue earnings in each such case is as determined with the use of the Business Intelligence Data Warehouse tools or such other electronic data mining tools, is less than the threshold as provided in clause 6 of notification referred at serial number 1.

Promotion of 70 officers in the grade of ACIT on ad-hoc basis

February 28, 2019 5760 Views 0 comment Print

Office Order No. 43 of 2019The President is pleased to appoint the following Income Tax Officers, presently posted in the region shown against their names. in the grade of Assistant Commissioner of Income Tax (ACIT) on ad-hoc basis for the vacancy year 2018 in the Level 10 in the pay matrix Rs. 56100-177500/- for a period of one year with immediate effect or until further orders, whichever is earlier.

Panel to overhaul Direct Tax law seeks 3 months extension

February 28, 2019 1347 Views 0 comment Print

The term of the Task Force is extended by three months, i.e., the Task Force shall now be required to submit its report by 31 .05.2019.

CBDT specifies Nodal Officer for PM-KISAN Yojana

February 27, 2019 3636 Views 0 comment Print

Central Government hereby specifies Nodal Officer, Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) of all State Governments and Union Territories for the purposes of the said clause in connection with sharing of information regarding income tax assessees for identifying the eligible beneficiaries under PM-KISAN Yojana.

Due date for filing of ITRs/Audit Report for Kerala Region extended to Feb 28, 2019

February 27, 2019 5700 Views 0 comment Print

In case of taxpayers of Kerala for whom the due date for filing return of income and report of audit pertaining to assessment year 2018-19 was 31.10.18, all returns of income and reports of audit which are filed till 28.02.19 shall be deemed to have been filed by 31.10.18.

Pr. CCIT to assign additional charge of vacant post of CIT (Appeal)

February 25, 2019 1020 Views 0 comment Print

Office Order No. 41 of 2019: Authorization of the Pr. Chief Commissioner of Income Tax (CCA) to assign additional charge of the vacant post of CIT (Appeal) under its jurisdiction – reg. Also Read- Assign vacant CIT(A) charges to CIT: CBDT instructs Pr. CCIT No. A- 35915/11/2019-Ad.VI Government of India Ministry of Finance Department of […]

IBBI debars insolvency professional for 10 years for Professional Misconduct

February 21, 2019 2052 Views 0 comment Print

On verification of the record, it appears that this Petition has been filed by the professional namely, Mr. Sanjay Kumar Ruia. It appears that the professional who accepted to work as Interim Resolution professional is none other than the wife of the Chartered Accountant who filed this Company Petition.

CBDT Appoints Shri Pramod Chandra Mody as Chairman

February 15, 2019 1389 Views 0 comment Print

President of India is pleased to appoint Shri Pramod Chandra Mody, presently working as Member, Central Board of Direct Taxes(CBDT) as Chairman, CBDT

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