Wednesday, 15 December 2021

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

posted: "The Ministry of Finance has notified that operating lease including any hybrid of operating and financial lease of such product or equipment as may be specified by International Financial Services Centres Authority, as financial product. This notification"
posted: "In order to guide in pursuit to enhance technological capabilities and explore appropriate technology solutions for early detection of market anomalies, SEBI has constituted an 'Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS"
posted: "COMPETITION ACT : Where informant had alleged violation of section 3 on ground that OP Association was demanding written undertaking from producers that they would not premier their movie on OTT platform for a period of 30 days after its theatrical releas"
posted: "The MCA has allowed companies to organize the AGMs in 2022 for the financial ending before/on 31.03.2022 through VC or OAVM as per respective due dates by 30-06-2022. MCA further clarified that this circular should not be construed as conferring any exten"
posted: "INCOME TAX : Where assessee had been carrying on business of iron ore without obtaining necessary permits and licenses as required under law, since object of Explanation 1 to section 37(1) is to discourage businesses and professions that are tainted with "

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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....