CBEC’s Clarification regarding binding nature of circular and instructions

F.No.96/90/2015-CX.1 Government of India Ministry of Finance, Dept. of Revenue Central Board of Excise and Customs New Delhi ********* dated the 21.09.2015 To Principal Chief Commissioner / Chief Commissioner of Central Excise, Service Tax and Customs (All), Principal Commissioner of Central Excise, Service Tax and Customs (holding charge of    Chief Commissioner) (All), Web-master, CBEC Madam/sir,…

Forward Markets Commission (FMC) with SEBI

Regulation of commodities derivates today came under Securities and Exchange Board of India (SEBI)’s jurisdiction, as the Forward Markets Commission (FMC) formally merged with the SEBI. The Union Finance Minister Shri Arun Jaitley formalized the merger by ringing the Customary Bell in Mumbai today. Speaking on the occasion, the Finance Minister Shri Jaitley said that…

Circulation of Fake order for extension of due date for filing of Audit report and return of Income for Assessment Year 2015-16- regarding

It has been brought to the notice of the Government that a fake order dated 26th September 2015 supposedly under section 119 of the Income-tax Act 1961 under the signature of one Upmanyu Reddy, Under Secretary to the Government of India is in circulation. The fake order extends the due date for filing of audit…