Daily digest for Gupta Chandan & Associates, on May 23, 2022

posted: "INCOME TAX : Where Tribunal passed order dated 3-11-2016 setting aside order of assessment and remanded proceedings to Transfer Pricing Officer and Commissioner received copy of aforesaid order on 29-12-2016 and thereafter Transfer Pricing Officer issued " Gupta Chandan & Associates HC set-asides notice issued by TPO in remand proceedings as same was barred by limitation May 23 INCOME TAX : Where Tribunal passed order dated 3-11-2016 setting aside order of assessment and remanded proceedings to Transfer Pricing Officer and Commissioner received copy of aforesaid order on 29-12-2016 and thereafter Transfer Pricing Officer issued on assessee a notice dated 9-7-2021, in terms of time period available under section 153 notice dated 9-7-2021 was […] Read more of this post Comment 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/hc-set-asides-notice-issued-by-tpo-in-remand-proceedings-as-same-was-barred-by-limitation/ Powered by Jetpack

posted: "The CBIC has issued notification to reduce the central excise duty on Petrol and Diesel by Rs. 8 per litre and Rs. 6 per litre respectively which shall be effective from 22nd May, 2022.The CBIC has issued notification to reduce the central excise duty on " Gupta Chandan & Associates CBIC reduces excise duty on Petrol amp; Diesel: Notification May 23 The CBIC has issued notification to reduce the central excise duty on Petrol and Diesel by Rs. 8 per litre and Rs. 6 per litre respectively which shall be effective from 22nd May, 2022.The CBIC has issued notification to reduce the central excise duty on Petrol and Diesel by Rs. 8 per litre and Rs. […] Read more of this post Comment 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/cbic-reduces-excise-duty-on-petrol-amp-diesel-notification/ Powered by Jetpack

posted: "The CBIC has issued several notifications to change Custom Duty amp; Export Duty on various products which shall be effective from 22nd May, 2022The CBIC has issued several notifications to change Custom Duty amp; Export Duty on various products which sha" Gupta Chandan & Associates CBIC issued several notifications to change Custom Duty amp; Export Duty on various products May 23 The CBIC has issued several notifications to change Custom Duty amp; Export Duty on various products which shall be effective from 22nd May, 2022The CBIC has issued several notifications to change Custom Duty amp; Export Duty on various products which shall be effective from 22nd May, 2022taxmann.com NewsRead More Read more of this post Comment 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/cbic-issued-several-notifications-to-change-custom-duty-amp-export-duty-on-various-products/ Powered by Jetpack

posted: "INCOME TAX : Where assessee was a partner in a firm and Assessing Officer reopened assessment of assessee for assessment year 2011-12 on ground that she failed to show remuneration and interest on capital received from partnership firm in return of income" Gupta Chandan & Associates Remuneration/interest can't be taxed in hands of partners relying upon deed if same wasn't claimed by firm: HC May 23 INCOME TAX : Where assessee was a partner in a firm and Assessing Officer reopened assessment of assessee for assessment year 2011-12 on ground that she failed to show remuneration and interest on capital received from partnership firm in return of income filed, since Tribunal while deciding appeal of aforesaid partnership firm in respect of […] Read more of this post Comment 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/remuneration-interest-cant-be-taxed-in-hands-of-partners-relying-upon-deed-if-same-wasnt-claimed-by-firm-hc/ Powered by Jetpack