CBDT has appointed 150 IRS officers to the grade of Assistant Commissioner of Income Tax (ACIT)
The appointment has been made in the Junior scale in the Level 10 in the pay matrix Rs. 56100-177500 in a substantive capacity with effect from different date(s).
- Effect of reduced timeline for filing TDS Correction statements on TDS Credits
- Accounting principles and provisions of law do not permit addition of opening balance – ITAT
- Penalty for late supply of goods allowable deduction u/s 37 being not a crime or prohibited activity
- Interest received from Cooperative banks allowable deduction u/s 80P to a Cooperative Society
- SC to decide distinction in employees & employer contribution to PF, ESI for allowability u/s 43B


