Suspension of enrolments for Limited Insolvency and Valuation Exams. Date extended till 14.04.2020
Insolvency and Bankruptcy Board of India
Examinations Division
INFORMATION FOR CANDIDATES
In view of the Advisory on Social Distancing Measure in view of spread of COVID-19 disease, all enrolments for the Limited Insolvency Examination and the Valuation Examinations from 21st March 2020 to 31stMarch 2020 were suspended. In view of the lock-down announced by the Central Government all enrolments till 14th April 2020 have been suspended.The candidates will be allowed option to reschedule their enrolments.
- Penalty u/s 270A deleted as assessee filed revised computation during scrutiny
- Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT
- Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT
- Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT
- Cost Inflation Index for FY/Tax Year 2026-27 notified by CBDT. See Up-to-date Table of CII

