Monday, 14 December 2020

Daily digest for Gupta Chandan & Associates, on December 14, 2020

posted: "INCOME TAX : SLP dismissed against High Court ruling that where assessee challenged order of transfer of its case on ground that its Chartered Accountant was 85 years old and it would cause hardship for assessee if its case was transferred, such grievance"
posted: "COMPETITION LAW : Where there were several real estate developers operating in relevant market of provision of services for development and sale of plots of land for residential use in Ghaziabad region, OP developer could not be said to dominant in said r"
posted: "INCOME TAX : Where assessee educational charitable trust purchased a gold bullion and contended that as per proviso (iia) to section 13(1)(d) it could hold such gold for a period of one year from end of previous year in which same was acquired, thus, ther"
posted: "INCOME TAX : Where assessee claimed discount given on issue of debentures which were redeemable for a period of 5 years as business expenditure in year of issue itself, discount on issue of debenture was to be spread over in proportion to percentage of re"
posted: "The Mumbai Bench of the Hon'ble Income Tax Appellate Tribunal ('Tribunal') in the case of Volkswagen Finance Private Limited v. The Income Tax Officer (International Taxation), has held that the income embedded in the payment made by Volkswagen Finance Pr"

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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....