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Archive: 19 December 2021

Posts in 19 December 2021

HC explains Jurisdiction of Authorities under PMLA & IBC after approval of Liquidation under IBC

December 19, 2021 2493 Views 0 comment Print

Nitin Jain Liquidator PSL Limited Vs Enforcement Directorate (Delhi High Court) A. The Court notes that the reliefs as framed in the writ petition essentially seek a restraint against the respondent from interfering in the liquidation process which had been set in motion. That challenge cannot stand eclipsed merely on account of the issuance of […]

Memorandum for Extension of Due Dates for filing of ITRs

December 19, 2021 41544 Views 1 comment Print

DTPA has sent a Memorandum to Hon’ble FM on 18th Dec 2021 for Extension of Due Dates till 28TH Feb. 2022 for filing of ITRs and Resolution of the pending glitches in the IT Portal.

Section 119(2)(b) Application- CBDT expected to go deep into niceties of law?

December 19, 2021 241896 Views 14 comments Print

Whether CBDT is expected to go deep into the niceties of law before considering application u/s 119(2)(b) of the Income Tax Act 1961? Introduction In India, every assessee required to file his Income tax return within time prescribed under section 139 of the Income Tax Act. However, sometimes the assessee is not able to file […]

Some Facts Related to A ‘Cover Note or Interim Receipt’ Under Insurance

December 19, 2021 8124 Views 0 comment Print

Uncover the facts about Cover Note or Interim Receipt in insurance. Learn what it is and how it provides coverage during the proposal stage.

Striking off of Companies

December 19, 2021 3525 Views 0 comment Print

Striking a company’s name off the register is an alternate method of ceasing business. For specific situations, the Registrar of Companies (‘ROC’) can issue a notice to strike the company name from the Register of Companies. The firm can also file a request with the ROC to have its name removed from the Register of […]

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