CBDT promoted 97 Officers to the grade of Principal Commissioner of Income Tax (PCIT). Also, few transfers and assignment have also been made in the grade of PCIT.
- No deemed dividend u/s 2(220(e) if funds not utilized for benefit of substantial shareholder
- Rules for recruitment of Company Prosecutor in Ministry of Corporate Affairs
- Revision u/s 263 correct as AO did not verify if land sold was beyond Municipal Limits
- RBI mandates reporting of Foreign Exchange Transactions to Trade Repository
- Clarification on Insurance Amount and Bond Value for CCSPs & validity of Bond for AEO-LO