Monday, 1 March 2021

Daily digest for Gupta Chandan & Associates, on March 1, 2021

posted: "INCOME TAX : Where assessee, engaged in business of trading in gold jewellery, gave gold to a job worker for making jewellery which was seized from custody of said job worker as he failed to produce relevant documents, since appeal filed by said job worke"
posted: "INCOME TAX : Where assessee company, engaged in business of real estate, borrowed capital for acquiring a housing finance company by purchasing its shares so as to make funds readily available when required for development of a housing project or to fund "
posted: "INCOME TAX : Where pursuant to search conducted upon group to which assessee company belonged, a notice under section 153C was issued against assessee, since Tribunal had recorded a finding of fact that there was no reference to any incriminating material"

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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....