Friday, 12 November 2021

Daily digest for Gupta Chandan & Associates, on November 12, 2021

posted: "In view of the impending discontinuance of LIBOR as a benchmark rate, the RBI has permitted banks to offer interest rates on FCNR (B) deposits using widely accepted 'Overnight Alternative Reference Rate (ARR) for the respective currency' with upward revis"
posted: "INCOME TAX : Where assessee company was purchasing non-sterilised gloves from outside market and subjected such gloves to a process of sterilisation and packing, since process of sterilisation and packing carried out by assessee did not create or bring an"
posted: "The DGFT has issued public notice to notify two new agencies for issuing Certificate of Origin (Non-preferential) in state of Rajasthan and Tamilnadu.The DGFT has issued public notice to notify two new agencies for issuing Certificate of Origin (Non-prefe"
posted: "The CBIC has received request for clarification from DGGI to clarify whether DGGI formations would fall under exception for pre-show cause notice consultation. It is clarified that the exception is case specific and not formation specific.The CBIC has rec"

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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....