The Central Board of Direct Taxes vide circular dated 3rd June, 2022 has issued Clarification regarding Form No 10ACs issued in the past. It is clarified that where due to technical glitches, Form No. 10AC has been issued during FY 2021-
2022 with the heading “Order for provisional registration” or “ Order for provisional approval” instead of “Order for registration” or “ Order for approval”, then all such Form No. 10AC shall be considered as an “Order for registration or approval”.
Extension of timeline for implementation of the Circular titled “Complaint Handling and Grievance Redressal by Regulated Entities in the IFSC”
It has been decided that the said Circular shall now come into force with effect from April 01, 2025. The Regulated Entities are therefore directed