Wednesday, 2 December 2020

Daily digest for Gupta Chandan & Associates, on December 2, 2020

posted: "INCOME TAX : Where assessee educational society filed an application dated 26-3-2019 seeking grant of exemption under section 10(23C)(vi) for assessment year 2019-20 as gross receipts of assessee exceeded Rs. 1 crore in financial year 2018-19, however, re"
posted: "INCOME TAX : Where as per share purchase agreement, shares of a company were sold by all its shareholders to another company, sum paid by shareholders to a trust proposed to be set up for benefit of ex-employees of seller company was to be regarded as vol"
posted: "In view of the disruption caused by the Covid-19 pandemic and after due examination of the representation received from various stakeholders, MCA has decided to extend last date of filing of CRA-4 (form for filing of cost audit report) for F.Y. 2019-20 un"
posted: "The Central Board of Direct Taxes (CBDT) has released the synthesised text for India- Portuguese DTAA., incorporating the changes made by the MLI on the basis of respective positions taken by both the countries. The MLI provisions that are applicable are "
posted: "INCOME TAX : Where in PAN, status of assessee-firm was rectified while bank had old status, assessment of cash deposit of demonitised currency in bank account was not justified on ground of mismatchINCOME TAX : Where in PAN, status of assessee-firm was re"
posted: "The Scheme of amalgamation proposed by Reserve Bank of India approved by the Government has become effective from November 27 2020 and from that date , all branches function as branches of DBS.The Scheme of amalgamation proposed by Reserve Bank of I"
posted: "In view of the prevailing situation due to Covid-19 pandemic and representation received from the Stock Exchanges, SEBI has decided to extend the timelines for compliance with the following regulatory requirements by the trading members / clearing members"
posted: "INCOME TAX : If assessee-trust was a determinate trust, interest income earned on bank deposits would be assessed in hands of assessee's beneficiaries and not assesseeINCOME TAX : If assessee-trust was a determinate trust, interest income earned on bank d"
posted: "The Central Government has designated 'Court number 22, City Civil and Sessions Court, Mumbai', 'Court number 39, City Civil and Sessions Court, Greater Mumbai',' 5th Special Court, Calcutta' and 'Principal Judge, City Civil Court, Chennai' Courts as Spec"
posted: "Let us understand a few legal concepts with regard to title. ownership and possession before understanding what is meant by "mesne profits."Let us understand a few legal concepts with regard to title. ownership and possession before understanding what is "
posted: "INCOME TAX : Where after their demerger, educational society, still provided financial help to another society running a hospital due to its weak financial position which was later paid back, such funding was not in violation of section 10(23C)INCOME TAX "
posted: "Becton Dickinson Gets A Green Signal!!Becton Dickinson Gets A Green Signal!!taxmann.com Latest ArticlesRead More"

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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....