https://economictimes.indiatimes.com/news/economy/policy/input-tax-credit-blocked-for- even-minor-lapses/articleshow/83223009.cms?utmsource=contentofinterest&utm_ medium=text&utm_campaign=cppst
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23rd Jan
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An RV is required to undertake a minimum of 10 credit Hours of CPE in each financial year and a minimum of 48 credit hours of CPE in each rolling block of 3 years. Since, the block for three years is completed on 31 st March, 2023, accordingly after detailed deliberations it was decided that there will be a rolling block of 4 years and RV is required to earn a minimum of 64 credit hours in each block year.
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IBBI recently has disposed off of SCN against Mr. Ajay Kumar Chakrabarti, registered with IBBI as a valuer of Plant and Machinery Assets (P&M) and suspends the registration for a period of six months.