Wednesday, 15 September 2021

Daily digest for Gupta Chandan & Associates, on September 15, 2021

posted: "INCOME TAX : SLP dismissed against impugned order of High Court holding that where assessee-school had been diverting funds under head of educational extension services to another organization which was not existing solely for educational purposes, assess"
posted: "FEMA, BANKING amp; INSURANCE : Banks owe a duty of care to exercise due diligence in maintaining and operating lockers or safety deposit systems and they cannot contract out of minimum standard of care in this regard, hence, where appellant locker holder "
posted: "INCOME TAX : Where an adjournment filed by assessee to file voluminous details in response to a notice under section 142(1) was not considered by Assistant Commissioner before passing an assessment order, impugned assessment order passed without giving an"
posted: "PMLA : Where department was aggrieved and decision of filing appeal was taken at level of Special Director that Assistant Director was to file appeal, appeals filed by ED through Assistant Director or either of class of authorities as specified under sect"
posted: "In view of the continuing situation of the Covid-19 pandemic, the IRDAI has extended the timelines for the issuance of electronic policies and dispensing with physical signatures and wet signatures on the proposal form in respect of health insurance polic"

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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....