Monday, 22 February 2021

Daily digest for Gupta Chandan & Associates, on February 22, 2021

posted: "INCOME TAX : Where opening stock was accepted in scrutiny assessment, revenue could not treat sales made by assessee out of such opening stock as income from unexplained sourcesINCOME TAX : Where opening stock was accepted in scrutiny assessment, revenue "
posted: "INCOME TAX : SLP dismissed on ground of delay against High Court's ruling that where a sum received by assessee-company to undertake a joint venture for development of IT Park was returned as deal could not be materialised, since assessee furnished comple"
posted: "INCOME TAX : High Court is not empowered under section 260A(4) to reconsider its earlier view and reformulate substantial question of law that it had already refusedINCOME TAX : High Court is not empowered under section 260A(4) to reconsider its earlier v"

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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....