Daily digest for Gupta Chandan & Associates, on July 27, 2021

posted: "INCOME TAX : Where Assessing Officer noted that activities of assessee-society were hybrid, partly covered by provisions of section 11 and partly by principle of mutuality and since assessee was not maintaining separate books of account, income could not " New post on Gupta Chandan & Associates Society established to promote habitat concept is entitled to grant of sec. 11 exemption: ITAT INCOME TAX : Where Assessing Officer noted that activities of assessee-society were hybrid, partly covered by provisions of section 11 and partly by principle of mutuality and since assessee was not maintaining separate books of account, income could not be bifurcated under principle of mutuality and entire surplus in Income and expenditure account was treated […] Read more of this post July 27, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1tj 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/society-established-to-promote-habitat-concept-is-entitled-to-grant-of-sec-11-exemption-itat/

posted: "INCOME TAX : Where 2nd respondent company had deducted tax at source from and out of payments made to assessees but had not paid it to credit of Central Government, assessees could not be saddled with tax liability as it was duty of Income Tax Department " New post on Gupta Chandan & Associates AO can't recover taxes from assessee if tax deducted on his income wasn't deposited by deductor: HC INCOME TAX : Where 2nd respondent company had deducted tax at source from and out of payments made to assessees but had not paid it to credit of Central Government, assessees could not be saddled with tax liability as it was duty of Income Tax Department to recover such TDS from 2nd respondent company, hence […] Read more of this post July 27, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1ti 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-recover-taxes-from-assessee-if-tax-deducted-on-his-income-wasnt-deposited-by-deductor-hc/

posted: "INCOME TAX : Where assessee claimed condonation of inordinate delay of 546 days in filing appeal before Tribunal on ground of his ill-health, since assessee had not submitted any medical report and only one liner application was filed and even in affidavi" New post on Gupta Chandan & Associates No condonation of delay in filing appeal before ITAT if no medical reports of ill-health were submitted: ITAT INCOME TAX : Where assessee claimed condonation of inordinate delay of 546 days in filing appeal before Tribunal on ground of his ill-health, since assessee had not submitted any medical report and only one liner application was filed and even in affidavit he had merely stated that due to bad health he could not file […] Read more of this post July 27, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1th 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-condonation-of-delay-in-filing-appeal-before-itat-if-no-medical-reports-of-ill-health-were-submitted-itat/