Daily digest for Gupta Chandan & Associates, on November 26, 2021

posted: "INCOME TAX : Where order was passed under section 245 for adjustment of refund in excess of 20 per cent of disputed outstanding demand but it did not give any special/particular reasons as to why amount in excess of 20 per cent was recovered from assessee" New post on Gupta Chandan & Associates Delhi HC directed AO to refund sum adjusted over 20% of disputed demand from refund payable to assessee INCOME TAX : Where order was passed under section 245 for adjustment of refund in excess of 20 per cent of disputed outstanding demand but it did not give any special/particular reasons as to why amount in excess of 20 per cent was recovered from assessee, since said order was contrary to Instruction No. 1914, […] Read more of this post November 26, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1To 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/delhi-hc-directed-ao-to-refund-sum-adjusted-over-20-of-disputed-demand-from-refund-payable-to-assessee/

posted: "COMPETITION LAW : Where OP supplied Digital Cinema Equipment (DCE) on lease to cinema theatre owners and had disabled DCE from accepting or playing any cinematograph film which had not been post-production processed by its subsidiary company 'S', thereby " New post on Gupta Chandan & Associates 'UFO moviez' abused dominance by restricting 'DCE' from playing films that weren't processed by its subsidiary Co. COMPETITION LAW : Where OP supplied Digital Cinema Equipment (DCE) on lease to cinema theatre owners and had disabled DCE from accepting or playing any cinematograph film which had not been post-production processed by its subsidiary company 'S', thereby causing exclusion of competitors of 'S' from market, same was in violation to provisions of sections […] Read more of this post November 26, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1Tn 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/ufo-moviez-abused-dominance-by-restricting-dce-from-playing-films-that-werent-processed-by-its-subsidiary-co/

posted: "INCOME TAX : Where no order had been passed by Assessing Officer under section 245 for adjustments of refunds and moreover, there was no order by Assessing Officer giving any special/particular reason as to why any amount in excess of 20 per cent of outst" New post on Gupta Chandan & Associates AO can't recover an amount in excess of 20% of tax to grant stay of demand without assigning reasons : HC INCOME TAX : Where no order had been passed by Assessing Officer under section 245 for adjustments of refunds and moreover, there was no order by Assessing Officer giving any special/particular reason as to why any amount in excess of 20 per cent of outstanding demand should be recovered from assessee in accordance with paragraph […] Read more of this post November 26, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1Tm 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-an-amount-in-excess-of-20-of-tax-to-grant-stay-of-demand-without-assigning-reasons-hc/