Due to this, the assessee is unable to file proper online replies to notices. Refund challans/ refunds adjustment against demand of other years not reflecting in the new ITBA system: Income Tax department’s internal software has been upgraded, but in many cases, it does not show proper refunds issued to assessee / refunds adjusted with demands of other years, etc. In several cases the CPC is issuing notices of adjustment in case of TURNOVER MISMATCH as per the ITR and the Form 26AS TDS u/s 194C, 194H, 194J. Part 1. Postage (Rs.) To, The Hon’ble Finance Minister & Chairperson, GST Council North Block, New Delhi The provision of services in relation to crypto-assets has been subjected to regulation in multiple jurisdictions worldwide. Date: 7th February 2019. The contents contained herein should not be construed as legal or professional advice. asset number name address architectural electrical mechanical; k001: p.s. Part 3. Where rectification applications for the above aforesaid cases are filed with CPC the response. HR Circular 003 2020 Enhanced Nurse Circular ... HR Circular 042 2020 Guidance and FAQs for Public Service Employers during COVID-19 in relation to working arrangements and temporary assignments across the Public Service. The last three months of 2020 have not only witnessed a large majority of the human race being locked in a battle against a bio-threat but also seen the biggest economies of the world stoking fears of a global recession, all … The system must be equipped to provide practical solutions to the assessee. In 2021, we will focus on building on the good things that have come out of the past 12 months. 04: Oct 02, 2020: Guidelines and Criteria for Establishing Islamic Banking Institutions (IBIs) and Commencement of Shariah Compliant Business and Operations by Development Finance Institutions (DFIs) 2020-07-31: 06/2020: Release of an officer from the public service to serve in the Reserve Police Service... 2020-07-15: 05/2020: Making post graduate qualification for promotion to special Grade and Grade I applicable in terms of the approved Schemes of Recruitment or/ and Servi... 2020-06-18: 04/2020 The processing of income tax returns electronically is definitely a good initiative, but in many cases, it is leading to unnecessary adjustments. The BCAS has listed out rules that should be followed for cyber security, storage facility, training and background check of staff for drone operating systems or remotely piloted aircraft systems. There are possibilities where certain typographic / human errors occur in feeding the data such as deduction under section 54/54E/54F/54EC, etc. CBSE Circulars 2020 . Part 5. This causes the refund to bounce in case the taxpayer filed his income tax return when he had no such enlisted bank account. Circular No. CERTIFICATES BASED ON SCHOOL INFORMATION TO BE ISSUED BY PRINCIPALS/HEAD OF SCHOOLS ONLY-NO COUNTERSIGN REQURIED - Dated 24/02/2020; ONLINE SUBMISSION OF UDISE DATA-REG - 10/09/2020; Home Office circulars 2020 These are circulars published by the Home Office in 2020. This portal is in beta and is not yet complete with all circulars. The reasons of genuine mismatch are as under: This issue relates to the delayed DISPLAY or RECEIPT of the submissions made through the E_PROCEEDINGS PORTAL. A circular is a written statement that provides information and guidelines on laws and procedures. Separate machinery should be developed by the Income Tax Department where in adjustment under section 245 should not be proceeded with when the demand is being challenged. Instances have come across, where old provisions still prevail and defect notices are issued. In many cases, assessees are in receipt of notice u/s 143(1)(a) pertaining to reconciling TDS and corresponding income appearing in 26AS. CERTIFICATES BASED ON SCHOOL INFORMATION TO BE ISSUED BY PRINCIPALS/HEAD OF SCHOOLS ONLY-NO COUNTERSIGN REQURIED - Dated 24/02/2020; ONLINE SUBMISSION OF UDISE DATA-REG - 10/09/2020; If there are certain errors in the return of income, then by the time assessee identifies or receives the intimation wherein the demand is raised, the time limit for revising the return is already expired and demand remains outstanding. Emancipation of one’s business can be obtained through the adoption of cutting-edge technology, coupled with the right guidance and advice. 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