Shri Sivasubramanian Ramann, IA&AS appointed as Chairman & Managing Director (CMD), Small Industries Development Bank of India (SIDBI)
MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 7th April, 2021
S.O. 1583(E).—In exercise of the powers conferred by clause (a) of sub-section (1) of section 6 read with sub-section (2) of section 6 of the Small Industries Development Bank of India (SIDBI) Act, 1989 (39 of 1989), the Central Government hereby appoints Shri Sivasubramanian Ramann, IA&AS (1991) (D.O.B:25.02.1966) MD & CEO, National E-Governance Services Ltd. as Chairman & Managing Director (CMD), Small Industries Development Bank of India (SIDBI) on deputation basis, in the scale of pay of Rs. 2,05,400/-to Rs. 2,24,400/-(Level 16) for a period of 3 years from the date of his taking over charge of the post or until further orders, whichever is earlier.
[F. No.17/04/2020-IF-II]
LALIT KUMAR, Economic Adviser
- Refund can not be denied on the ground that it was claimed in a return filed u/s 148 – ITAT
- Distinction between religious & charitable purposes is determined by institution’s primary or dominant object
- Fit case to issue notice u/s 148 – Relevancy of material & application of mind to objections important
- AO is under an obligation to assign reasons for rejecting explanation of the assessee
- CBIC issues SoP for clearance of imported goods through Foreign Post Offices
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