Thursday, 14 January 2021

Daily digest for Gupta Chandan & Associates, on January 14, 2021

posted: "COMPANY LAW : Where NCLT passed an order prohibiting appellant to be appointed as an auditor of any company for negligently giving clean audit report, since there was nothing on record to infer that appellant acted fraudulently or colluded with directors "
posted: "INCOME TAX : Where State Government sanctioned financial assistance for rehabilitation of tsunami damaged roads and bridges, ports and harbours and Government order clearly mentioned that assistance was by way of interest free loan, said interest free loa"
posted: "INCOME TAX : Where subsequent to order of Tribunal setting aside assessment order, assessee filed declaration under section 4, appeal filed by revenue before High Court was to be disposed of by directing revenue to process said declarationINCOME TAX : Whe"
posted: "There are many provisions in Income Tax Act which have been inserted or amended with honest intention of either providing convenience to the taxpayer or for plugging loopholes resulting into tax evasion. However,There are many provisions in Income Tax Act"

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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....