The CBDT has vide Order No. 219 of 2018 dated 27.12.2018 ordered the transfer and posting of Commissioners of Income-tax
The CBDT has vide Order No. 219 of 2018 dated 27.12.2018 ordered the transfer and posting of Commissioners of Income-tax
Pursuant to vehement protests from eminent citizens that Assessing Officers are running amok and terrorizing start-ups and angel funds, the CBDT has issued a directive instructing AOs not to take coercive measures to recover outstanding demand until further notice
The CBDT has issued Circular No. 9 of 2018 dated 26th December 2018 on the subject of extending the due date for furnishing of report under section 286 (4) of the Income-tax Act 1961
The CBDT has issued an Order u/s 119(1) of the Act on the issue of exception from online filing of application under section 197 and 206C (9) in the cases of NRIs and resident applicants
The CBDT has issued Circular No. 7 / 2018 dated 20th December 2018 regarding the condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form no. 10 and Form No. 9A by charitable trusts and institutions
Today, 20th December 2018, the Finance Minister Arun Jaitley introduced Companies (Amendment) Bill 2018 in the Lok Sabha as part of the efforts to promote the ease of doing business in the country
The CBDT has issued an Office Order No. 211 of 2018 dated 17th December 2018 by which the ad-hoc appointments of several Assistant Commissioners of Income-tax has been extended
The CBDT has issued a directive dated 14th December 2018 requiring the registration process of charitable trusts / institutions to be audited by Internal Audit Party. A detailed ‘Procedure of Internal Audit of the Process of Registration of Charitable Trusts’ has also been prescribed by the CBDT
The CBDT has revealed that its sleuths have busted a bogus donation racket under which an unrecognized trust raised substantial donations over the last six years on the basis of a forged certificate while the donors irregularly claimed weighted deduction u/s. 35(1)(ii) of the Act on donations made to the Trust. The CBDT has issued clear-cut instructions that all donors should be investigated and assessment orders should be passed under the monitoring of supervisory authorities
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