Daily digest for Gupta Chandan & Associates, on March 15, 2022

posted: "SEBI vide Circular dated 04-10- 2021, prohibited stock brokers/clearing members facilitating mutual fund (MF) transactions from accepting payment through one-time mandate or issuance of instruments for MF transactions. Now, SEBI has clarified that existin" New post on Gupta Chandan & Associates SEBI clarifies on circular dated 04.10.2021 w.r.t discontinuation of usage of pool a/c for transactions in units of MFs SEBI vide Circular dated 04-10- 2021, prohibited stock brokers/clearing members facilitating mutual fund (MF) transactions from accepting payment through one-time mandate or issuance of instruments for MF transactions. Now, SEBI has clarified that existing mandates for MF transactions can continue to remain in name of stock brokers/clearing members if Stock Exchanges/ CCs ensure that Payment […] Read more of this post March 15, 2022 at 12:00 am | Categories: Latest Statutory Happenings, News | URL: https://wp.me/pcenIR-2h1 Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/sebi-clarifies-on-circular-dated-04-10-2021-w-r-t-discontinuation-of-usage-of-pool-a-c-for-transactions-in-units-of-mfs/

posted: "INCOME TAX : Where Commissioner (Exemptions) passed order under section 12AA(1)(b)(ii) rejecting application of assessee on ground that assessee had not filed return of income, thus violating provisions of Act, Tribunal was justified in observing that as " New post on Gupta Chandan & Associates No denial of sec. 12A registration if it was duly allowed in later year to trust having same objective amp; activity: HC INCOME TAX : Where Commissioner (Exemptions) passed order under section 12AA(1)(b)(ii) rejecting application of assessee on ground that assessee had not filed return of income, thus violating provisions of Act, Tribunal was justified in observing that as for next assessment year 2020-21 assessee had been granted section 12A registration by Commissioner (Exemptions)INCOME TAX : Where […] Read more of this post March 15, 2022 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-2h0 Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/no-denial-of-sec-12a-registration-if-it-was-duly-allowed-in-later-year-to-trust-having-same-objective-amp-activity-hc/