CBIC issues revised policy & guidelines for setting up of ICDs/CFSs/AFSs

Last updated: 09 November 2020

CBIC has issued revised policy & guidelines for setting up of ICDs/CFSs/AFSs. New guidelines take into account the present capacity, future growth potential & regional imbalances; ensure uniformity, transparency & seamless approval process.

Circular Link has been attached below
Attached File : 40_18712_circular_no_50_2020_updated.pdf
Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Category Income Tax   Report

Comment   Share
  3399 Views
Comments

Recent News :

  1. GST Collection February 2026: Gross Revenue Surges 8.1% to Rs 1.83 Lakh Crore
  2. New Reporting Norms: Draft Form 166 to Capture Detailed Account & TIN Information
  3. CBIC Issues Revised Charge Allocation for Members: Key Portfolios Notified
  4. Indirect Transfer Tax Gets Clarity: New FMV and Attribution Formula Notified in Draft IT Rules 2026
  5. New Accountant Certification Format for Slump Sale Capital Gains Under IT Act 2025
  6. New Draft Form Proposed to Standardise Donation Deduction Certification Under Section 45(4)(a)
  7. Detailed Valuation Report Format Proposed Under Section 514 for Asset Valuation
  8. Draft Form No. 86 Proposed to Regulate Digital Records and Seized Assets Under New Tax Law
  9. AI in Tax Orders Under Scanner as Gujarat High Court Flags Fake Case Laws
  10. Finance Ministry Notifies Aadhaar Authentication for CIBIL Credit Report Access

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us


Browse by Category