CBDT has issued four circulars issuing Order under section 119 of the Income-tax Act, 1961 for condonation of various Income Tax Forms
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- Penalty u/s 271B is not attracted where books of account not maintained – ITAT Allahabad
- NALCO invites RFP for empanelment of CA Firms for verification of Stores/Spares & movable assets
- Sending or bringing currency of Nepal and Bhutan – RBI revises regulations
- Manufacturing without aid of power. Entire process though by distinct units to be seen – SC
- Delay in filing Form 10B condoned as failure was in 1st year of operation of Trust

