Daily digest for Gupta Chandan & Associates, on April 25, 2022

posted: "INCOME TAX : A hospital will not be regarded as charitable institution if it gives treatment for few poor patients while collecting fees from patients who can affordINCOME TAX : A hospital will not be regarded as charitable institution if it gives treatme" Hospital can't be held as a charitable institution if it collects fees from patients who can afford: HC Apr 25 INCOME TAX : A hospital will not be regarded as charitable institution if it gives treatment for few poor patients while collecting fees from patients who can affordINCOME TAX : A hospital will not be regarded as charitable institution if it gives treatment for few poor patients while collecting fees from patients who can affordwww.taxmann.com […] Read more of this post Comment Like 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 Powered by Jetpack

posted: "INCOME TAX : SLP dismissed against impugned order of High Court holding that where assessee did not disclose about sale of lands and windmill in return of income and it was only when AO, on basis of information received from Registration Department, issue" Concealment penalty to be levied even if assessee voluntarily disclosed income after receiving notice; SLP dismissed Apr 25 INCOME TAX : SLP dismissed against impugned order of High Court holding that where assessee did not disclose about sale of lands and windmill in return of income and it was only when AO, on basis of information received from Registration Department, issued notice under section 143(2), that assessee, for first time stated that due […] Read more of this post Comment Like 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 Powered by Jetpack

posted: "MCA has floated the FAQs w.r.t issues faced by various stakeholders while registering on V2 Portal. Through FAQs MCA address the issues related to resolving PAN validation error while upgrading the Business User, how to upgrade business user in V3 portal " MCA further issues FAQs on V2 portal to address the queries of the stakeholders Apr 25 MCA has floated the FAQs w.r.t issues faced by various stakeholders while registering on V2 Portal. Through FAQs MCA address the issues related to resolving PAN validation error while upgrading the Business User, how to upgrade business user in V3 portal in case of having multiple Ids, guidelines on filing the details of area/city in […] Read more of this post Comment Like 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 Powered by Jetpack

posted: "COMPANY LAW/SEBI : Where no fraud had been played by appellant-director in fraudulent transfer of Mutual Fund units from demat accounts of clients of company and only a finding of negligence had been given against appellant-director no case was made out a" Negligence in transferring of mutual funds units from demat accounts of clients didn't amount to unfair trade practice: SAT Apr 25 COMPANY LAW/SEBI : Where no fraud had been played by appellant-director in fraudulent transfer of Mutual Fund units from demat accounts of clients of company and only a finding of negligence had been given against appellant-director no case was made out against appellant for violation of regulation 4(2)(p) of PFUTP Regulations and, therefore, no penalty […] Read more of this post Comment Like 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 Powered by Jetpack