Saturday, 16 October 2021

Daily digest for Gupta Chandan & Associates, on October 16, 2021

posted: "INCOME TAX : Notice issued in SLP filed against order of High Court that where assessee power distribution company undertook substantial renovation and modernization of existing power distribution lines, there was no requirement of capitalization of said "
posted: "INCOME TAX : Where assessee borrowed funds for setting up of a thermal power plant, interest expenses incurred by assessee till date of commissioning of power production i.e., prior to use of assets, was to be capitalized to cost of asset in view of secti"
posted: "SEBI has issued the revised formats of limited review/ audit reports (to be submitted to Stock Exchanges and placed on listed entity's website). Regulation 52 of the SEBI (LODR), Regulations 2015 requires entities that have listed nonconvertible securitie"
posted: "RBI mandates the reporting of Relationship Segment (RS) data by Credit Institutions (CIs) to Credit Information Companies (CICs). The reporting would be mandatory in respect of new loan accounts opened after July 1, 2022. A phased approach shall be follo"
posted: "The SEBI has decided to introduce an online mechanism for obtaining SCORES credentials for all "companies intending to list their securities on SEBI recognized stock exchanges". The online form can be accessed on the SCORES website www.scores.gov.in . Thi"
posted: "The export policy had earlier placed 'all diagnostic kits and reagents (including instruments/devices)' under 'restricted' category and now it has been shifted to 'free' category.The export policy had earlier placed 'all diagnostic kits and reagents (incl"
posted: "The DGFT has notified quantity of 8424 MT sugar (raw and/or white sugar) to be exported to USA under TRQ scheme from 01.10.2021 to 30.09.2022.The DGFT has notified quantity of 8424 MT sugar (raw and/or white sugar) to be exported to USA under TRQ scheme f"
posted: "INCOME TAX : SLP dismissed against High Court's ruling that notice issued under section 153C against dead person is unenforceable in lawINCOME TAX : SLP dismissed against High Court's ruling that notice issued under section 153C against dead person is une"

No comments:

Post a Comment

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....