Wednesday, 11 November 2020

Daily digest for Gupta Chandan & Associates, on November 11, 2020

posted: "INCOME TAX : Where revenue had provisionally attached fixed deposit receipts of two bank accounts of assessee, assessee's prayer to operate said bank accounts was to be allowedINCOME TAX : Where revenue had provisionally attached fixed deposit receipts of"
posted: "INCOME TAX : Loss on account of settlement of forward contracts for purchase of plant and machinery was allowable even in a case where payment was not actually made by assesseeINCOME TAX : Loss on account of settlement of forward contracts for purchase of"
posted: "Section 115BBC which was introduced by Finance Act, 2006 w.e.f. 01-04-2007, provided that anonymous donations, subject to the conditions/exceptions laid down in that section, shall be taxed separately @ 30% on aggregate sum of anonymous donations received"

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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....