Daily digest for Gupta Chandan & Associates, on June 29, 2022

posted: "COMPANY LAW/SEBI : Where company 'Essar' issued FCCBs to company 'IDH', which were convertible into equity share and said information was available in public domain, i.e. in annual report of 'Essar' for years 2012 to 2017, resolution of board of directors" Gupta Chandan & Associates Board Resolution of Essar to convert FCCBs into equity wasn't a UPSI as said information was available in public domain Jun 29 COMPANY LAW/SEBI : Where company 'Essar' issued FCCBs to company 'IDH', which were convertible into equity share and said information was available in public domain, i.e. in annual report of 'Essar' for years 2012 to 2017, resolution of board of directors of 'Essar' on 31-7-2017 to convert FCCBs into equity shares was not a unpublished […] Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates.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/board-resolution-of-essar-to-convert-fccbs-into-equity-wasnt-a-upsi-as-said-information-was-available-in-public-domain/ Powered by Jetpack

posted: "The CBIC has issued instructions to implement FSSAI directions on rectifiable labelling information for imported food consignments and import of clove stem.The CBIC has issued instructions to implement FSSAI directions on rectifiable labelling information" Gupta Chandan & Associates CBIC issued instructions to implement FSSAI directions on rectifiable labelling information for imported food consignments Jun 29 The CBIC has issued instructions to implement FSSAI directions on rectifiable labelling information for imported food consignments and import of clove stem.The CBIC has issued instructions to implement FSSAI directions on rectifiable labelling information for imported food consignments and import of clove stem.taxmann.com Latest Statutory HappeningsRead More Read more of this post Comment 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/cbic-issued-instructions-to-implement-fssai-directions-on-rectifiable-labelling-information-for-imported-food-consignments/ Powered by Jetpack

posted: "INCOME TAX : SLP granted against High Court order that where assessment was initiated at New Delhi and final assessment was framed by Assessing Officer at Ghaziabad, High Court of Punjab and Haryana lacked jurisdiction to adjudicate matterINCOME TAX : SLP" Gupta Chandan & Associates SC granted SLP against ruling that assessment can't be finalised at jurisdiction other than one where it was initiated Jun 29 INCOME TAX : SLP granted against High Court order that where assessment was initiated at New Delhi and final assessment was framed by Assessing Officer at Ghaziabad, High Court of Punjab and Haryana lacked jurisdiction to adjudicate matterINCOME TAX : SLP granted against High Court order that where assessment was initiated at New Delhi and […] Read more of this post Comment 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/sc-granted-slp-against-ruling-that-assessment-cant-be-finalised-at-jurisdiction-other-than-one-where-it-was-initiated/ Powered by Jetpack

posted: "INCOME TAX : Where alleged cash payment along with other expenses incurred on purchase of land was neither debited in assessee-company's profit and loss account nor was claimed by assessee as deduction, disallowance made under section 40A(3) was to be del" Gupta Chandan & Associates No disallowance under sec. 40A(3) if cash payment was never claimed as deduction in Pamp;L account: Delhi ITAT Jun 29 INCOME TAX : Where alleged cash payment along with other expenses incurred on purchase of land was neither debited in assessee-company's profit and loss account nor was claimed by assessee as deduction, disallowance made under section 40A(3) was to be deletedINCOME TAX : Where alleged cash payment along with other expenses incurred on purchase of […] Read more of this post Comment 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-disallowance-under-sec-40a3-if-cash-payment-was-never-claimed-as-deduction-in-pampl-account-delhi-itat/ Powered by Jetpack