The CBDT has vide Circular No. 1/2020 dated 03.01.2020 extended the time limit for filing of applications for compounding of offenses under the Income-tax Act, 1961. The extension has been granted with a view to give a final opportunity to taxpayers and to reduce the pendency of existing prosecution cases before the courts
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S. 195 TDS Amendment: CBDT Invites Suggestions From Public
The CBDT has vide letter dated 31.12.2019 invited public consultation on the proposal for amendment of Income-tax Rules 1962, to insert new rule 29BA and Form 15E, to give effect to the amendment in section 195 of the Income-tax Act , 1961 (the Act) vide Finance (No.2) Act 2019
CBDT Directs Expeditious Liquidation Of Pendency Of CPGRAMS Grievances
The CBDT has issued a directive to the Principal Chief Commissioners and Director Generals of Income Tax that all measures should be taken to get pending CPGRAMS grievances expeditiously disposed of and to ensure that there are no grievances pending for more than 90 days in their Region/ Charge
CBDT Orders Reg Appt Of IRS Officers To Post Of JCsIT + Promotion Of CsIT To PCsIT
The CBDT has vide OFFICE ORDERS NO. 05 OF 2020 dated 02.01.2020 and 274 of 2019 dated 31.12.2019 stated that several IRS officers have been appointed to the grade of Joint Commissioner of Income Tax (JCIT) and several Commissioners of Income-tax have been promoted to the post of Pr. Commissioner of Income-tax
CBDT Directs CsIT(A) To Speedily Dispose Off Old Appeals
The CBDT has issued a directive dated 27.12.2019 in which it is noted that a large number of appeals are pending before the CsIT(A) for more than 5 years. The CBDT has directed that all such appeals must be disposed off without fail by 31st March, 2020
IRS Officers Appointed To Grade Of Joint Commissioners Of Income-Tax
The CBDT has vide Office Order No. 269 of 2019 dated 26th December, 2019 stated that the President 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 matrix Rs. 78800-209200 for a period of one year, w.e.f. 01.01.2020 or the date they assume charge of the post of JCIT, whichever is later
Book Release: “General Anti-Avoidance Rules”
We are pleased to announce the release of the publication by the All India Federation of Tax Practitioners titled “General Anti-Avoidance Rules”
Tax Practice Is The Best Practice, Young Advocates Should Join The Bench: Justice Sanklecha
Farewell function on the occasion of attaining superannuation of Honourable Justice Mr.M. S. Sanklecha Judge Bombay High Court
ITAT Celebrates Constitution Day (Samvidhan Divas)
ITAT Mumbai celebrated the Constitution day having a function at Members library, wherein the Honourable Vice-President Shri Pramod Kumar explained the purpose of holding the function
Advocate Nikita Badheka Elected National President Of AIFTP For 2020
Mrs Nikata Badeka, Advocate, has been unanimously elected as National President of the All India Federation of Tax Practitioners (AIFTP) for the year 2020
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