Daily digest for Gupta Chandan & Associates, on May 27, 2022

posted: "The IFSCA, considered the application for grant of recognition by NSE IFSC Clearing Corporation Limited, and being satisfied that it would be in the interest of the trade, hereby grants, recognition to said Clearing Corporation for one year, commencing on" Gupta Chandan & Associates IFSC grants recognition to 'NSE IFSC Clearing Corporation Limited' for one year May 27 The IFSCA, considered the application for grant of recognition by NSE IFSC Clearing Corporation Limited, and being satisfied that it would be in the interest of the trade, hereby grants, recognition to said Clearing Corporation for one year, commencing on the 29th day of May 2022 to 28th day of May 2023 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/ifsc-grants-recognition-to-nse-ifsc-clearing-corporation-limited-for-one-year/ Powered by Jetpack

posted: "INCOME TAX : Where assessee was engaged in manufacture and supply of goods and in terms of contract executed between assessee and customer a certain percentage of invoice amount raised by assessee was retained by customer as retention money to be paid aft" Gupta Chandan & Associates Sum retained by customer which is due upon completion of contract can't be included while computing book profit: HC May 27 INCOME TAX : Where assessee was engaged in manufacture and supply of goods and in terms of contract executed between assessee and customer a certain percentage of invoice amount raised by assessee was retained by customer as retention money to be paid after successful completion of contract,INCOME TAX : Where assessee was engaged in manufacture […] 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/sum-retained-by-customer-which-is-due-upon-completion-of-contract-cant-be-included-while-computing-book-profit-hc/ Powered by Jetpack