Wednesday, 6 January 2021

Daily digest for Gupta Chandan & Associates, on January 6, 2021

posted: "In the year 2020, we have reported 4,361 judgments on various laws including Income-tax, Indirect Taxes, and Corporate laws, etc. In Corporate Law alone we have reported 1,300+ cases. Out of these cases, we have identified the top 20 rulings that may be r"
posted: "INCOME TAX : Where assessee intended to avail benefit of Vivad Se Vishwas Scheme, it was to be permitted to file declaration under section 4 Direct Tax Vivad Se Vishwas Act, 2020, in Form No. 1INCOME TAX : Where assessee intended to avail benefit of Vivad"
posted: "INCOME TAX : Section 40(a)(i) and (ia) provides for disallowance only in respect of expenditure, which is revenue in nature and therefore, provision does not apply to a case of assessee whose claim is for depreciation, which is not in nature of expenditur"
posted: "The countdown for the Union Budget 2021 is about to begin. The Finance Minister, Smt. Nirmala Sitharaman will be presenting her third budget on 01-02-2021. In the Year 2020, the Govt. has announced multiple stimulus packages to rejuvenate the economy impa"
posted: "The countdown for the Union Budget 2021 is about to begin. The Finance Minister, Smt. Nirmala Sitharaman will be presenting her third budget on 01-02-2021. In the Year 2020, the Govt. has announced multiple stimulus packages to rejuvenate the economy impa"
posted: "Sometimes strange arguments are put forth before the Income-tax authorities and judicial authorities on behalf of assessees with slightest hope that those arguments may meet with the approval of the authorities even though the assessees themselves are not"

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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....