Friday, 30 April 2021

Daily digest for Gupta Chandan & Associates, on April 30, 2021

posted: "In the wake of prevailing conditions of COVID-19 cases in the form ofsecond wave and in line with directions of the Hon'ble High Court, the IRDI has issued directions for all insurers on settlement of COVID-19 health insurance.In the wake of prevailing co"
posted: "SEBI is in receipt of representations from listed entities, professional bodies, industry associations, market participants etc. requesting extension of timelines for various filings and relaxation from certain compliance obligations due to ongoing second"
posted: "In view of the situation arising due to COVID-19 pandemic, lockdown imposed by the Government and representations received from Stock Exchanges, SEBI has further provided relaxations in timelines for compliance with various regulatory requirements by the "
posted: "As more number of COVID positive cases are reported among the staff of the Tribunal and in view of the lockdown/curfew declared by different state governments, the Hon'ble President has directed that the Principal Bench and all the Regional Benches of the"
posted: "In order to enhance the quality of disclosure w.r.t. risk and performance and portfolio of the schemes, the SEBI has decided to disclose risk-o-meter' of scheme while disclosing the performance of schemeIn order to enhance the quality of disclosure w.r.t."

Thursday, 29 April 2021

Daily digest for Gupta Chandan & Associates, on April 29, 2021

posted: "INCOME-TAX : Where assessee, engaged in real estate business, purchased agricultural land and made cash payment towards purchase of land and assessee produced evidence by way of confirmation letters from 5 out of 8 sellers who were agriculturists to show "
posted: "In order to align the key employees of the AMCs with the unit holders of mutual fund schemes, SEBI has decided that the part of compensation of the Key employees of AMC to be paid in form of units of Mutual Fund SchemeIn order to align the key employees o"

Wednesday, 28 April 2021

Daily digest for Gupta Chandan & Associates, on April 28, 2021

posted: "The SEBI has come out with new framework to strengthen policies on provisional rating by credit rating agencies (CRAs) for debt instruments. Under the framework, all provisional ratings ('long term' or 'short term') for debt instruments need to be prefixe"
posted: "CBIC has directed customs officers for expediting customs clearances for Covid related imports made by Indian Red Cross society. In all cases of covid related imports facilitated by Ministry of External Affairs and/ or imported by Indian Red Cross society"
posted: "In exercise of the powers conferred by sub-section (2) of section 1 of the Government of National Capital Territory of Delhi (Amendment) Act, 2021 (15 of 2021), the Central Government has appointed the 27th day of April, 2021, as the date on which the pro"
posted: "Coming straight to the point, it appears that the Government has pressed the "restart" button, as far as the Income Tax Act, 1961 is concerned. The faceless assessment scheme, the faceless first appellate scheme before the CIT (A) and the faceless second "
posted: "INCOME TAX : A software engineer in a software industry is a workman within meaning of section 2(s) of Industrial Disputes Act so long as software engineer does not discharge supervisory role; period of 300 days as mentioned under section 80JJAA can be ta"

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....