Monday, 13 September 2021

Daily digest for Gupta Chandan & Associates, on September 13, 2021

posted: "COMPANY LAW : Where no notice was given to petitioner before disqualifying him as Director of company, impugned order passed by MCA disqualifying petitioner as Director of company under section 164(2)(a) was to be set asideCOMPANY LAW : Where no notice wa"
posted: "INCOME TAX : Assessee engaged in business of improvement and development of State Highways was entitled to claim depreciation allowance on roadsINCOME TAX : Assessee engaged in business of improvement and development of State Highways was entitled to clai"
posted: "EXCISE/ST/VAT : Interest on refund would accrue 3 months after dated of removal of deficiency in refund claimEXCISE/ST/VAT : Interest on refund would accrue 3 months after dated of removal of deficiency in refund claimwww.taxmann.com Latest Case LawsRead "
posted: "INCOME TAX : Where there was a huge mismatch in receipts appearing in Form 26AS vis-a-vis receipts credited in Pamp;L account as assessee never disclosed and claimed TDS from certain parties during assessment proceedings, though he had opportunity to do s"
posted: "The Government has notified several tax concessions to ease privatisation of Air India. TDS/TCS provisions shall not be applicable on transfer of goods. Any transfer of capital asset by Air India shall not be regarded as transfer to attract capital gains."
posted: "INCOME TAX : Reopening of assessment beyond four years on ground that expenditure in relation to income not includible in total income under section 14A should have been calculated as per clause (ii) of rule 8D(2) would amount to change of opinion when no"
posted: "INCOME TAX : Where two shops of assessee attached for recovery of tax payable by assessee were auctioned for recovery, however, auction failed as purchaser paid only 25 per cent of total auction amount and did not pay balance amount, said properties were "
posted: "COMPANY LAW/RERA : Adjudicating Officer under RERA has only power to adjudicate compensation under sections 12, 14, 18 and 19 and it is function of authority under section 34 for registering and regulating real estate projectsCOMPANY LAW/RERA : Adjudicati"
posted: "In order to reduce edible oil prices, the CBIC has issued notification to reduce the basic customs duty on Crude Palm Oil, Crude Soyabean oil and Crude Sunflower Oil to 2.5%.In order to reduce edible oil prices, the CBIC has issued notification to reduce "
posted: "The Reserve Bank of India (RBI) has notified the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2021 wherein regulation 15 (1) (iii) has been substituted. Now the obligation of exporter has been enhanced as it must fol"
posted: "The Income-tax dept. has carried out search operations on group based in Ahmedabad and Punjab amp; Haryana. Group based in Ahmedabad is one of the prominent business houses of Gujarat engaged primarily in the media and real estate sectors. Whereas groups "

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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....