The filing of appeals before Commissioner (Appeals) has already been enabled in an electronic mode. This extension will further enhance technological interface and also reduce avenue for corruption. To ensure that the reforms initiated by the Department to eliminate human interface from the system reach the next level, it was imperative that an e-appeal scheme be launched on the lines of e-assessment scheme. Logically, this should later be expanded to Dispute Resolution Panel (consisting of a collegium of three Commissioners). … [Read more...] about Budget 2020| An unequivocal movement towards reducing tax litigation and improving effectiveness of tax administration
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In February 2019, the two agents—both with backgrounds in counterintelligence and currently on a squad focused on banking malfeasance—flew to California. Their meeting took place the same day that Michael Cohen, Trump’s former lawyer, testified on Capitol Hill that the president had routinely exaggerated his wealth in order to win loans from Deutsche Bank. Val, wearing a partly unbuttoned paisley shirt, arrived at the bureau’s field office in a federal building downtown. The agents met him in the tenth-floor lobby, where portraits of President Trump watched over visitors, and escorted him upstairs. … [Read more...] about How a Wall Street exec’s suicide led his son to share files on Trump’s favorite bank with the FBI
It also directed the Registrar, Legal and Research, to initiate appropriate proceedings before a magistrate against the unknown persons who have forged the order.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Forged order: Bombay HC asks for probe, criminal proceedings
(Traders Carnival events are brought to you by Rekhaand Dharmaraj Janakiram - usually called DJ - with passion, diligence and a lot of love. DJ says he has received a lot ofhelp from some great friends made over the years at the Carnival.)Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Traders Carnival 2020 to be held in Jaipur: Here’s how you can register
The State Bank of India’s (SBI) recently-introduced loan offering – Residential Builder Finance with Buyer Guarantee – has been the centre of attention since its launch last week. As the name suggests, the assurance to prospective home-buyers on safeguarding their interests in case the project is abandoned is the scheme’s USP. However, this is not a different loan variant. Interest rates as well as other terms and conditions will be the same as those of its regular home loans. After October 1, the bank’s new retail floating-rate loans are linked to the Reserve Bank of India’s (RBI) repo rate. … [Read more...] about SBI’s new home finance scheme: Should you go for it?