Resumption of Limited Insolvency Examination in areas/locations where such activities have been permitted under State and local guidelines.
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Resumption of Limited Insolvency Examination
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INFORMATION FOR CANDIDATES
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The Limited Insolvency Examinations have resumed in areas/locations where such activities have been permitted under State and local guidelines. Candidates can now reschedule / enrolL to take the Examination.
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The number of slots available are limited due to the social distancing and disinfection requirements. More centers will be made operational as the situation improves. Details of operational centres, instructions for scheduling, and other related updates are available at https://ibbiliexam.onlineregistrationform.org/IBBI/index.jsp.
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- 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
