Daily digest for Gupta Chandan & Associates, on June 7, 2021

posted: "INCOME TAX : Where Petitioner prayed for issuance of formal order under section 245D(4) on ground that proceedings before Settlement Commission stood completed and only formal order had not been pronounced, Settlement Commission was to take a decision whe" New post on Gupta Chandan & Associates HC directs SetCom to pass order if proceedings before it were concluded as claimed by assessee INCOME TAX : Where Petitioner prayed for issuance of formal order under section 245D(4) on ground that proceedings before Settlement Commission stood completed and only formal order had not been pronounced, Settlement Commission was to take a decision whether such facts were correct or not and if they were found to be correct, it may […] Read more of this post June 7, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1lz 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/hc-directs-setcom-to-pass-order-if-proceedings-before-it-were-concluded-as-claimed-by-assessee/

posted: "INCOME TAX: Where assessee had carried out substantial expansion in existing unit immediately on completion of first five years and duly complied with conditions laid down in clause (ix) sub-section 8 of section 80-IC, it will be entitled for deduction du" New post on Gupta Chandan & Associates AO can't make ad hoc additions on account of interest exp. on car used for personal purpose without assigning reasons INCOME TAX: Where assessee had carried out substantial expansion in existing unit immediately on completion of first five years and duly complied with conditions laid down in clause (ix) sub-section 8 of section 80-IC, it will be entitled for deduction during year under assessmentINCOME TAX: Where assessee had carried out substantial expansion in existing unit […] Read more of this post June 7, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1ly 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/ao-cant-make-ad-hoc-additions-on-account-of-interest-exp-on-car-used-for-personal-purpose-without-assigning-reasons/