Saturday, 2 April 2022

Daily digest for Gupta Chandan & Associates, on April 2, 2022

posted: "INCOME-TAX: 76% Gandhis held section 25 Company Young Indian was an adventure in the nature of trade under a cloak of charity, with real purpose to gain control of properties valued at approx. Rs. 357 crores of publication company AJL which had ceased pub"
posted: "SEBI in its earlier Circular dated July 16, 2021 advised CRAs to align their rating scales with the rating scales prescribed under the guidelines of the respective financial sector regulator or authority in terms of Regulation 9(f) of CRA Regulations, or "
posted: "INCOME TAX : Section 2(22)(e) would not be applicable where assessee availed unsecured loan from its group company which was paid back with interest in same yearINCOME TAX : Section 2(22)(e) would not be applicable where assessee availed unsecured loan fr"
posted: "With an objective to bring uniformity in the classifications being used across sectors and in the market, the SEBI has notified standardized framework for industrial classification for adoption by the stakeholders. SEBI advised the CRA to use this framewo"
posted: "The Finance Act, 2022 has made various amendments under the Customs law to extend the scope and powers of the Proper officers in order to nullify the impact of the judgment of the Supreme Court in the case of Canon India. In this regard, the Government ha"
posted: "The existing exemptions of imports under specified export incentive schemes (such as advance authorisation, Export Promotion of Capital Goods, Export oriented units, etc.) have been extended up to June 30, 2022. The DGFT has made suitable amendments under"

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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....