Monday, 3 January 2022

Daily digest for Gupta Chandan & Associates, on January 3, 2022

posted: "The SEBI has notified the SEBI (Vault Managers) Regulations, 2021. The norms prescribe provisions regarding (i) application for registration for vault managers (ii) Eligibility criteria (iii) Duties and Obligations of managers (iv) Inspection and Audit an"
posted: "The CBDT has notified more Appeal Units for the purpose of Faceless Appeal Scheme 2021. The Appeal Units shall exercise the powers and perform functions, in order to facilitate the conduct of e-appeal Proceedings, in respect of such territorial area or pe"
posted: "The Income-Tax Department has carried out search and seizure operations on two foreign-controlled Mobile Communication amp; Mobile Hand-set Manufacturing Companies and their associated persons. The search action has revealed that they have made remittance"
posted: "The CBDT has said that nearly 5.89 crore Income Tax Returns (ITRs) have been filed on the new e-filing portal of the Income Tax Department as on 31st December, 2021. Further, In order to assist taxpayers with a smooth experience on the portal,16,850 taxpa"
posted: "The CBDT has modified its earlier order F.187/3/2020-ITA-I dated 19.10.2020, issued for exercising power of survey u/s 133A of the Income-tax Act. 1961 and in pursuance of The Taxation and Other Laws (Relaxation and Amendment of Certain Provisionsl Act. 2"
posted: "COMPANY LAW : Where RoC struck off name of petitioner company from register of companies on account of its failure to furnish financial statements, in view of fact that company had no different viable opportunity in agricultural field of power plant and u"
posted: "The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive which was earlier notified to be 31.12.2021 has been extended till 31.01.2022.The last date of submitting applications under MEIS, SEIS, ROSCTL, R"
posted: "INCOME TAX : Where assessee in order to prove that promoters had sufficient funds to make payments to assessee towards share capital/premium merely showed that funds had been received in hands of assessee through banking channels, same would not establish"

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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....