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Excise on jewellery: CBEC invite suggestions on Procedural Issues

May 20, 2016 2971 Views 0 comment Print

Associations related to the Jewellery trade may send their representation by 28th of May, 2016 on the procedural issues related to the imposition of Central Excise duty on articles of jewellery in the Union Budget 2016-17.

Posting of officers as CIT (OSD) in Principal CCIT Region

May 17, 2016 8584 Views 0 comment Print

On return from Deputation /Child Care Leave, the following officers are, hereby, posted as Commissioner of Income Tax (OSD) in the Principal CCIT Region as indicated hereunder, in terms of Para 4.7 (iii) of the Transfer Placement Guidelines,

Postings/transfers in the grade of Additional/Joint CIT

May 17, 2016 2416 Views 0 comment Print

The following postings / transfers in the grade of Additional Commissioner of Income Tax / Joint Commissioner of Income Tax are, hereby, ordered with immediate effect and until further orders.-

6 CBDT Orders on Transfer & Postings of Additional, Joint & Assistant CIT

May 16, 2016 4351 Views 0 comment Print

The CBDT has issued the orders No. 90 of 2016 to 95 of 2016 on 16.05.2016 by which it has made transfer And Postings Of Additional, Joint And Assistant Commissioners Of Income-tax (i) Order No. 90 of 2016 dated 16.05.2016 for postings and transfers of officers in the grade of Additional and Joint Commissioners of […]

Transfer posting orders in grade of ACIT/DCIT for Delhi Region

May 11, 2016 5032 Views 0 comment Print

F.No. P-328/T&P/DC-ACsIT/2016-17/1818 OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX NEW DELHI Dated : 11th May, 2016 ORDER NO. 38/G.O. 2016-17 Sub:-Estt. Group ‘A’ – Transfers and Postings of Deputy/Assistant Commissioners of Income-tax – Reg. – The transfers and postings of the following Deputy/Assistant Commissioners of Income-tax are hereby ordered with immediate effect and […]

CBDT notifies Committee for the purpose of rule 10VA(4)

May 6, 2016 466 Views 0 comment Print

In exercise of the powers conferred by sub-rule (4) of Rule 1OVA of the Income Tax Rules, 1962.read with section 9A of the Income-tax Act ,1961 (43of 1961), the Central Board of Direct Taxes here by notifies the following Committee for the purposes of the said sub-rule

Committee notification under Rule 10VA(4) of Income-Tax Rules

May 6, 2016 970 Views 0 comment Print

In exercise of the powers conferred by sub-rule (4) of Rule 10VA of the Income-Tax Rules; 1962, read with section 9A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby notifies the following Committee for the purposes of the said sub-rule:‑

Govt notifies form for Maharashtra Settlement of Arrears Act,2016

May 3, 2016 1501 Views 0 comment Print

Maharashtra Govt. notifies form I to VIII under Maharashtra Settlement of Arrears in Dispute Act, 2016 related to Application for settlement of Arrears in disputes, Form of Defect Notice, Appeal against the order of rejection under sub-section (1) of section (7) of the Maharashtra Settlement of Arrears in Disputes Act, 2016, Order Of Settlement, Notice for Rectification of Mistakes, Application for Rectification of Mistakes, Order of Revocation, Notice for Review under the section 11 of the Maharashtra Settlement of Arrears in Dispute Act, 2016.

Gain on sale of unlisted share to be considered as Capital Gain

May 2, 2016 8389 Views 1 comment Print

For determining the tax-treatment of income arising from transfer of unlisted shares for which no formal market exists for trading, a need has been felt to have a consistent view in assessments pertaining to such income. It has, accordingly, been decided that the income arising from transfer of unlisted shares would be considered under the head ‘Capital Gain’, irrespective of period of holding

Govt. notifies limit on Sugar Stock for dealers

April 29, 2016 2188 Views 0 comment Print

Central Government hereby directs that no dealer of sugar shall hold any stock for a period exceeding thirty days from the date of receipt by him of such stock and shall not keep sugar in stock at any time, in the places mentioned below, in excess of the quantities mentioned against each—

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