Daily digest for Gupta Chandan & Associates, on December 28, 2021

posted: "EXCISE/ST/VAT : Exemption not deniable on import of aircraft under non-scheduled (passenger) service permit on ground of use for charter operations when such post-importation condition not prescribed in Notification NO. 21/2002-CustomsEXCISE/ST/VAT : Exem" New post on Gupta Chandan & Associates SC dismissed dept. appeal for availability of exemption on import of aircraft used for charter operations EXCISE/ST/VAT : Exemption not deniable on import of aircraft under non-scheduled (passenger) service permit on ground of use for charter operations when such post-importation condition not prescribed in Notification NO. 21/2002-CustomsEXCISE/ST/VAT : Exemption not deniable on import of aircraft under non-scheduled (passenger) service permit on ground of use for charter operations when such post-importation condition […] Read more of this post December 28, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1Xf 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/sc-dismissed-dept-appeal-for-availability-of-exemption-on-import-of-aircraft-used-for-charter-operations/

posted: "The Finance Act, 2021 has inserted a new clause (23FF) to section 10 to provide the capital gain exemption to investors of the resultant fund or specified fund to the extent capital gain income attributable to units held by a non-resident. The CBDT has no" New post on Gupta Chandan & Associates CBDT notifies Rule 2DD for computation of exempt income of specified fund u/s 10(23FF) The Finance Act, 2021 has inserted a new clause (23FF) to section 10 to provide the capital gain exemption to investors of the resultant fund or specified fund to the extent capital gain income attributable to units held by a non-resident. The CBDT has notified a new Rule 2DD prescribing manner to compute such exempt […] Read more of this post December 28, 2021 at 12:00 am | Categories: Latest Statutory Happenings, News | URL: https://wp.me/pcenIR-1Xe 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/cbdt-notifies-rule-2dd-for-computation-of-exempt-income-of-specified-fund-u-s-1023ff/

posted: "INCOME TAX : Where disputes between parties regarding taxability of surplus arising from sale of shares and securities had already been settled under Direct Tax Vivad Se Vishwas Act, 2020 and rules made thereunder, SLP against impugned order of High Court" New post on Gupta Chandan & Associates No SLP against HC's ruling if disputed issue was settled by assessee under Vivad se Vishwas Act: SC INCOME TAX : Where disputes between parties regarding taxability of surplus arising from sale of shares and securities had already been settled under Direct Tax Vivad Se Vishwas Act, 2020 and rules made thereunder, SLP against impugned order of High Court holding that assessee-company having continuously treated transaction in shares and securities as investment,INCOME TAX […] Read more of this post December 28, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1Xd 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-slp-against-hcs-ruling-if-disputed-issue-was-settled-by-assessee-under-vivad-se-vishwas-act-sc/