Monday, 14 March 2022

Daily digest for Gupta Chandan & Associates, on March 14, 2022

posted: "INCOME TAX : Where details as to loss of cancellation of forward contract were available before Assessing Officer at time of passing assessment order, reopening of assessment on ground that net loss of cancellation of forward contract was speculative loss"
posted: "The Central Board of Trustees, EPF, has recommended an 8.10% annual rate of interest credited on EPF accumulations in members' accounts for the financial year 2021-22. This is the lowest interest rate in at least four decades.The Central Board of Trustees"
posted: "INCOME TAX : Where a reopening notice was issued on basis of an information received by AO that assessee had defrauded Government by preparing bogus documents and used them as genuine documents so as to get a plot for building of State Central library, si"

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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....