Monday, 11 January 2021

Daily digest for Gupta Chandan & Associates, on January 11, 2021

posted: "COMPANY LAW: Where, IT department was an aggrieved party as it had to recover taxes and duties payable by respondent-company and great prejudice would be caused to its revenues, if name of company was not restored back to register of companies, Registrar "
posted: "The Centralised Processing Center (CPC) has released a handbook in order to provide guidance to taxpayers and taxpayer's representatives regarding e-filing amp; processing of returns, issue of tax refund and various other connected topics.The Centralised "
posted: "FEMA, BANKING amp; INSURANCE : Power of Magistrate under second proviso to sub-section (1) of section 143 to convert trial of a complaint under section 138 of Negotiable Instruments Act, 1881 is confined only to converting case into a summons triable case"
posted: "INCOME TAX : Where assessee surrenders undisclosed income during search action for relevant year, it is not necessary that tax rate has to be charged as per provision of section 115BBEINCOME TAX : Where assessee surrenders undisclosed income during search"

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Daily digest for Gupta Chandan & Associates, on February 23, 2026

Income Tax Forms as applicable from 1st April 2026. Old forms under income tax Act 1961 added for better search....