Friday, 9 April 2021

Daily digest for Gupta Chandan & Associates, on April 9, 2021

posted: "COMPETITION LAW : Where informant filed information against OP, a government department, established to maintain and improve roads in Tamil Nadu alleging that OP was slowly changing its general contract system from 'input-based' to 'output-based or perfor"
posted: "With the objective of giving more flexibility to the PBs, RBI has decided to enhance the limit of maximum balance at the end of the day from Rs. 1 lakh to Rs. 2 lakh per individual customer of PBs with immediate effect.With the objective of giving more fl"
posted: "INCOME TAX : Where assessee had sold an immovable property and declared LTCG on same, provisions of section 40(a)(ia) could not be invoked to disallow commission paid by assessee in connection with sale of propertyINCOME TAX : Where assessee had sold an i"

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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....