Month: May 2019

The CBDT has issued Circular No. 8 dated 10.05.2019 by which it has provided clarification regarding definition of “Fund Manager” under Section 9A(4)(b) of the Income-tax Act, 1961

The CBDT has vide Office Order No. 114 of 2019 dated 16.05.2019 stated that the President has appointed several officers in the grade of Assistant Commissioner of Income Tax (ACIT) against the vacancy year 2014-15 in Level-10 of the Pay Matrix Rs. 56100-177500/- on regular basis with immediate effect or until further order on in situ basis

Pursuant to an order dated 17th May 2019 issued by the President, four Accountant Members and two Judicial Members have been transferred in public interest with effect from 31st May 2019

Pursuant to a resolution by the Standing Committee, the Assistant Registrar of the ITAT has issued an order dated 15th May 2019 stipulating the “Bench non-sitting days” in the ITAT. Different dates have been specified for different Benches.

The Supreme Court Collegium has passed a resolution dated 10th May 2019 recommending that a Tax Judge of the Bombay High Court be appointed as Chief Justice of the Madhya Pradesh High Court

The CBDT has issued a directive dated 13th May, 2019 stipulating the dedication of a fortnight for clearing pendency of Appeal Effect and Rectification and for redressing public grievance

The CBDT has vide Office Order No. 110 of 2019 dated 13.05.2019 ordered the postings of Pr Chief Commissioners of Income Tax. The CBDT has also vide Office Order No. 111 of 2019 dated 13.05.2019 specified the additional charge to be held by other high-ranking officers

There will be a change in constitution Of Bombay High Court’s Tax Bench w.e.f. 03.06.2019. The revised constitution is as follows

The Appointments Committee of the Cabinet has approved the appointment of several candidates to the posts of Judicial Member and Technical Member in the National Company Law Tribunal (NCLT). Amongst the appointees are two serving Members of the ITAT. There are also several retired judges, Chartered Accountants and officials of the department in the list