CBDT appoints 187 IRS officers to the grade of Joint Commissioner of Income Tax (JCIT) on ad-hoc basis CBDT has appointed 187 officers of Indian Revenue Service to the grade of Joint Commissioner of Income Tax (JCIT) purely on ad-hoc basis in Level –  12 in the  pay …

Amendment in import policy conditions of gold and silver from Free to Restricted To be published in the Gazette of India Extraordinary Part-11, Section-3, Sub-Section (II) Government of IndiaMinistry of Commerce & IndustryDepartment of Commerce Directorate General of Foreign Trade Notification  No. 36/2015-2020 New Delhi, Dated:  18th December, …

Income Tax Department can not recover outstanding  dues under MPID Act as it cannot be treated like the claim of investors ABCAUS Case Law Citation:ABCAUS 3208 (2019) (12) AC In the instant case, the Income Tax Department (ITD/Revenue)had filed a Miscellaneous Application before the designated Sessions Court seeking …

Revised Dates for CS Examinations which were postponed in Dec 2019 at all Centres across the Country and Abroad The exams scheduled on 20th, 21st, 23rd and 24th December, 2019 will now be held on 31st December, 2019, 1st, 2nd and 3rd January 2020 respectively as per details …

Penalty 271B deleted as accountant had to look after business activities due to assessee neurological problem. Hence he failed to coordinate with Auditor’s office ABCAUS Case Law Citation:ABCAUS 3207 (2019) (12) ITAT In the instant case the appeal was filed by the assessee against the order of the …

MCA invites Nominations for National Corporate Social Responsibility (CSR) Awards 2020 Ministry of Corporate Affairs, Government of India has instituted National Corporate Social Responsibility (CSR) Awards to recognize companies that have made a positive impact on the society through their innovative & sustainable CSR initiatives. National CSR Awards …