Wednesday, 11 August 2021

Daily digest for Gupta Chandan & Associates, on August 11, 2021

posted: "INCOME TAX : Where assessee received a loan of certain amount and had placed on record relevant details such as complete address and PAN in order to prove identity and creditworthiness of loan party and assessee had received amount by account payee cheque"
posted: "INCOME TAX : Where Assessing Officer had not disputed fact that assessee had carried out trading of commodities at NSEL and there were outstanding amounts that remained to be recovered by assessee on account of abrupt embargo on trading at NSEL and same w"
posted: "RBI has decided that the banks/ White Label ATM Operators (WLAOs) shall strengthen their systems/ mechanisms to monitor the availability of cash in ATMs and ensure timely replenishment to avoid cash-outs. Any non-compliance in this regard shall be viewed "
posted: "The Finance Act, 2021 has inserted a sub-section (2D) to Section 115JB to provide that AO, on an application by the assessee, shall re-compute book profit of the past years and tax payable thereon if assessee's current year's income has increased due to r"
posted: "INCOME TAX : Provision for leave salary could not be disallowed under section 43B(f)INCOME TAX : Provision for leave salary could not be disallowed under section 43B(f)www.taxmann.com Latest Case LawsRead More"

No comments:

Post a Comment

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....