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).
- Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information
- Mutual Funds to value physical Gold and Silver by using the polled spot prices
- SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor
- Merely because sales were declared for only one month, same cannot be treated as bogus
- ITAT deleted addition as method of accounting had been accepted in earlier years
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