Tuesday, 8 December 2020

Daily digest for Gupta Chandan & Associates, on December 8, 2020

posted: "INCOME TAX : Interest on bank deposits was eligible to be included in profits of 100 per cent Export Oriented Unit for purpose of claiming deduction under section 10A or 10BINCOME TAX : Interest on bank deposits was eligible to be included in profits of 1"
posted: "RBI releases Annual Report for 2019-20 – Bank Frauds stand at Rs.1.85 Lakh Crores The Reserve Bank of India (RBI) in its Annual Report (RBI Report) for 2019-20 released on 25th August, 2020 reveals startling facts, inter-alia,RBI releases Annual Report f"
posted: "The issue as to whether an assessee is entitled to stake its claim for allowing of deduction under Section 37 of the Income Tax Act,The issue as to whether an assessee is entitled to stake its claim for allowing of deduction under Section 37 of the Income"
posted: "INCOME TAX : Where assessee-company, registered under section 25 of Companies Act, was engaged in imparting 'financial education/awareness' to investor in field of investments, merely because assessee earned certain revenue, it could not be said that acti"
posted: "INCOME TAX : Where assessee-company received share application money for allotment of cumulative redeemable preference shares and as allotment was not made within specified period, assessee paid interest at rate of 8 per cent from date of receipt of share"

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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....