CAclubindia News

CBDT dedicates fortnight for pending appeal disposal

Redressal of public grievances and taxpayer service is an area of top priority for the CBDT and the Income Tax Department. In this connection, a fortnight from 1st June to 15th June, 2018 has been dedicated for expeditious disposal of pending appeal

Expression of interest to act as an IRP or Liquidator

Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-1100016th June 2018To,All Registered Insolvency Professionals(By mail to registered email addresses and on website of the IBBI)Dear Madam/Sir,Subject: Express

Extension of date for online submission of form for claiming CPE hours

ANNOUNCEMENTFOR INFORMATION OF THE MEMBERSSubject: Extension of last date “for submission of Self Declaration form for claiming CPE Hours under Unstructured Learning Activities for the Calendar Year 2017” - from 31st May, 2018 to 30th Jun

President approves Promulgation of the Insolvency and Bankruptcy Code

The President today gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018.The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors. This would give them due repres

ICAI signs the Mutual Recognition Agreement with SAICA

The Institute of Chartered Accountants of India (ICAI) has signed the Mutual Recognition Agreement (MRA) with the South African Institute of Chartered Accountants (SAICA) on June 4, 2018 at SAICA HO, Johannesburg, South Africa.Signing of the Agreemen

ICAI asks GST council to host GST AAR rulings on a website

No damage to Nirav Modi investigation files in ITO Mumbai fire

CBDT issues clarification about loss/damage to records in the Scindia House fire at Income Tax Office, MumbaiNews reports have been appearing in some sections of the media alleging that records & documents relating to the investigation into the N

Guidelines for Insolvency Professionals to act as Liquidators

Insolvency Professionals to act as Interim Resolution Professionals or Liquidators (Recommendation) Guidelines, 201831st May, 2018Provisions in the Insolvency and Bankruptcy Code, 20161. Section 16(3)(a) of the Insolvency and Bankruptcy Code, 2016 (C

New Benami Transactions Informants Reward Scheme

New Benami Transactions Informants Reward Scheme, 2018 launched by the Income Tax DepartmentTo get people’s participation in the Income Tax Department’s efforts to unearth black money and to reduce tax evasion It was found in many cases

Rs 50 lac reward for Income tax informants

With the objective of obtaining people’s participation in the Income Tax Department’s efforts to unearth black money and reduce tax evasion, a new reward scheme titled “Income Tax Informants Reward Scheme, 2018” has been issue