Daily digest for Gupta Chandan & Associates, on February 10, 2021

posted: "INCOME TAX : Period of limitation prescribed in section 254(2) would commence from date when affected party got knowledge of decision in question and it would not commence from date when order was passedINCOME TAX : Period of limitation prescribed in sect" New post on Gupta Chandan & Associates Limitation period for sec. 254 commences from date when affected party got knowledge of decision of Court INCOME TAX : Period of limitation prescribed in section 254(2) would commence from date when affected party got knowledge of decision in question and it would not commence from date when order was passedINCOME TAX : Period of limitation prescribed in section 254(2) would commence from date when affected party got knowledge of decision in […] Read more of this post February 10, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-W5 Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/limitation-period-for-sec-254-commences-from-date-when-affected-party-got-knowledge-of-decision-of-court/

posted: "INCOME TAX : Where assessee-bank had not deducted TDS on interest paid to customers but Assessing Officer was satisfied that customers had shown interest income in their respective return of income and had remitted tax on it, then assessee should not be t" New post on Gupta Chandan & Associates ITAT directed bank to furnish details to prove that its customers paid tax on interest on which tax wasn't deducted INCOME TAX : Where assessee-bank had not deducted TDS on interest paid to customers but Assessing Officer was satisfied that customers had shown interest income in their respective return of income and had remitted tax on it, then assessee should not be treated as an assessee-in-defaultINCOME TAX : Where assessee-bank had not deducted TDS on […] Read more of this post February 10, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-W4 Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/itat-directed-bank-to-furnish-details-to-prove-that-its-customers-paid-tax-on-interest-on-which-tax-wasnt-deducted/

posted: "INCOME TAX : Where assessee pharmaceuticals company incurred expenses for providing travel, accommodation and equipment services and distribution of various articles/gifts/other facilities to persons associated with it such as stockist, field staff, distr" New post on Gupta Chandan & Associates No sec. 194H TDS by Pharma co. providing travel, accommodation and other facilities to persons associated with it INCOME TAX : Where assessee pharmaceuticals company incurred expenses for providing travel, accommodation and equipment services and distribution of various articles/gifts/other facilities to persons associated with it such as stockist, field staff, distributors and doctors, since there existed no agency relationship between assessee and these persons, said expenses incurred for them could not be treated […] Read more of this post February 10, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-W3 Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/no-sec-194h-tds-by-pharma-co-providing-travel-accommodation-and-other-facilities-to-persons-associated-with-it/