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Post Demonetisation CBDT intensifies enforcement actions

December 7, 2016 1471 Views 0 comment Print

As you are aware. after notification of the Government on 08.11.2016 declaring the old high denomination currency notes of Rs. 1000/500 invalid from 09.11.2016, investigation Directorates have intensified enforcement actions in detecting serious irregularities, They arc, however, seriously handicapped because of non-availability of manpower.

Empanelment for Mediation and Conciliation – List of eligible candidates

December 2, 2016 1492 Views 0 comment Print

With reference to the subject cited, I am forwarding herewith the list of 68 eligible candidates categorized in Annexures I to VII, for the Empanelment for Mediation and Conciliation in respect of the region. Ministry may kindly place the said list on the Ministry’s website for future reference.

Expert Group on Audit firms issues to submit report till 15.01.2017

December 2, 2016 1234 Views 0 comment Print

In partial modification of this Ministry Order of even number dated 30.09.2016, the time period provided to the Expert Group Constituted for looking into the issues related to Audit firms and submitting its report is extended till 15.01.2017.

Government staff to never submit Declaration of Assets and Liabilities

December 1, 2016 3964 Views 0 comment Print

On and from the date of commencement of this Act, every public servant shall make a declaration of his assets and liabilities in such form and manner as may be prescribed

Reg. Group Assessment & Peer Review before Assessment

November 15, 2016 3427 Views 0 comment Print

Reconstitution of Committee to study the feasibility of the recommendations regarding Group Assessment and System of Peer Review Before Assessment

CASS committee to suggest changes in Income Tax Returns / Forms/ Rules & & scrutiny criteria

November 2, 2016 3238 Views 0 comment Print

CASS Committee formed for 2016-17 to recommend changes in Income Tax Returns, Income Tax Forms, Third Party information etc., to enable effective scrutiny selection.

Intimation U/s. 143(1) beyond prescribed time in non-scrutiny cases

October 26, 2016 8047 Views 0 comment Print

It has come to notice that some returns-of-income having ‘claim of refund’ pertaining to Assessment Years 2014-2015, 2013-2014 and 2012-2013 were not processed within the time-frame prescribed under sub-section (1) of section 143 of the Income-tax Act, 1961 (‘Act’).

Postings / Transfers in the grade of CIT of 16 CITs

October 25, 2016 3892 Views 0 comment Print

Order No. 181 of 2016 The following 16 postings / transfers in the grade of Commissioner of Income Tax are, hereby, ordered with immediate effect and until further orders:-

Tax Audit & ITR due date extended for J&K State taxpayers

October 18, 2016 2281 Views 1 comment Print

CBDT, hereby extends the ‘due date’ for filing income tax returns and reports of audit under the provisions of Income-tax Act pertaining to Assessment Year 2016-2017 for all categories of taxpayers in the State of Jammu & Kashmir to 31st December, 2016

ICSI appoints administrator to check financial irregularities at WIRC

October 16, 2016 5014 Views 1 comment Print

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA OFFICE ORDER NO. 132/2016 Date: 13th October, 2016 1. The Council of the Institute in its 238th(adjourned) meeting held on Saturday, the 17th September, 2016, took a serious note of various instances of financial and other irregularities as reported through the Draft Audit Report for FY-2015-16, a copy […]

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