Tuesday, 10 August 2021

Daily digest for Gupta Chandan & Associates, on August 10, 2021

posted: "SEBI has extended the benefits on calendar spread margins. Considering the possible benefits likely to accrue to the investors, in consultation with clearing corporations, it has been decided to extend the spread margin benefit beyond the first three expi"
posted: "RBI has enhanced the limit of collateral-free loans to Self Help Groups under Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) from Rs.10 lakh to Rs.20 Lakh. "No lien should be marked against savings bank account of SHGs and no "
posted: "An IEC holder has to ensure that details in its IEC are updated electronically every year, during April-June period. However, for the current year i. e. 2021-22, this period is further extended by another month i.e. till 31st August, 2021.An IEC holder ha"
posted: "The SEBI has notified the SEBI (Issue and Listing of Non- Convertible Securities) Regulations, 2021. the regulations shall come into force on the 7th day from date of its publication in Official Gazette. The regulations prescribe norms relating to Eligibi"
posted: "INCOME TAX : SLP dismissed against High Court ruling that so long as assessee adheres to parameters required to be satisfied under section 10(23C) to avail exemption, it is entitled to said exemption; exemption claimed by assessee cannot be denied on grou"
posted: "INCOME TAX : Where assessee-builder had constructed a mall and had sold shops/offices of mall by making a promise to buyer to provide parking space, but DMRC had acquired plot kept for parking space, for construction of metro station, since parking space "
posted: "The Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha has shared the status of declarations filed under Vivad Se Vishwas Scheme. A total of Rs. 99,756 crore of disputed tax amount has been settled as p"
posted: "The trial period of chip imports monitoring system (CHIMS) is extended by further two months i.e. upto 30.09.2021 and the registration at CHIMS portal will be effective from 01.10.2021.The trial period of chip imports monitoring system (CHIMS) is extended"
posted: "INCOME TAX : Where during scrutiny assessment, assessee had submitted all relevant details regarding loans and advance given by it to a person and explained that said advance was returned back in next year and also furnished copy of ledger account and Ass"

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

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