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CBDT explains what is 'tax effect' for purpose of filing appeal in cases beyond monetary limitsPrivacy at Stake: Evaluating Data Principal Rights in the DPDP Act 2023Delhi regains its title as world’s most polluted cityLitigation Management: CBDT revises instructions and monetary limits prescribed for filing appeal or SLP before courtsUnsettled borders and rise of China major challenges for defence forces, says Chief Anil ChauhanI-T- Rules of natural justice are contravened where notices of hearing are not sent to valid email addresses indicated by assessee & order passed in consequence thereto is invalidated : HCAmerican IRS Chief expects workforce to surpass one-lakh-mark in next 3 yrsI-T - Provisions of Section 148A clearly require that an assessee be granted opportunity of personal hearing & an order passed in non-compliance with this requirement stands vitiated: HCDeloitte LLP goes for restructuring to tamp down costsI-T - If no error is being found by AO qua acceptance and genuineness of transaction of assessee, then AO cannot initiate reopening, and if reopening is not permitted, then CIT cannot issue notice u/s 263: ITATNvidia unfolds powerful chip to retain edge in AI marketI-T - Additions framed u/s 68 were rightly quashed where the assessee has discharged onus of identity, creditworthiness and genuineness of transaction : ITATTrump’s lawyer says Trump has not means to raise bond in USD 464 mn fraud caseI-T- Addition cannot be framed on account of unexplained cash credit, where assessee has recorded the sales in its books and there is no adverse finding qua stock and purchases: ITATFood scarcity: Gaza heading for mass deathsCX - Tax demands merits being quashed where based on oral statements but without permitting Assessee to cross examine the deponents & where also based on circumstantial statements: CESTATBJP decides to go with Chirag Paswan; trashes his uncle Pashupati Paras in BiharST - Being appellant a registered service provider and filing their Service Tax returns, demand cannot be raised on the basis of Form-26AS obtained from Income Tax Department: CESTATDubai Financial Centre frames rules to regulate digital assetsCus - Clearance of domestic household goods without proper clearance, does not warrant disproportionate penalty of Rs 50000/-, as the same is not a case of regular import by an IEC holder: CESTATCBDT directs income tax field offices to remain open on March 29, 30 & 31stCX - In so far as security services for their factory and trading premises was concerned, said services was directly connected with their business and hence, appellant was entitled for credit of service tax paid: CESTAT
 
CBEC - IRS officers of 1981-82 batches get Apex Grade; become Pr CCs

By TIOL News Service

NEW DELHI, JUNE 24, 2017: IN her latest weekly communication the CBEC Chairperson, Ms Vanaja Sarna, has said that the ACC has approved the promotion of officers of 1981-82 batches to the grade of Principal Chief Commissioners/Principal Directors General in the Apex Grade as well as the promotion of officers of 1984-85 batches to the grade of Chief Commissioners/Directors General in the HAG+ grade.

Subsequent to the relaxation granted by DoPT to 2008 batch, the DPC for their promotion to Joint Commissioner has also been held and the proposal has been sent to the competent authority for approval, she has further detailed.

On the GST front, Ms Sarna has stated that to begin the process of rolling out the new GST laws, 8 notifications have been issued on 19th June, 2017, which are effective from 22nd June, 2017. In this process, the new GST formations have come into existence with effect from 22nd June, 2017.


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