Monday, 12 April 2021

Daily digest for Gupta Chandan & Associates, on April 12, 2021

posted: "Exp. incurred or reimbursed by employer for medical treatment of employee or his family is not chargeable to tax under section 17(2) if hospital is maintained by employer, Govt. or approved by Chief Commissioner. The Pr. CCIT Bihar amp; Jharkhand, Patna h"
posted: "The IRDAI has amended the Regulatory Sandbox Regulations. The objective of these Regulations is to amend the Insurance Regulatory and Development Authority of India (Regulatory Sandbox) Regulations, 2019 to extend its validity for a period of 2 years.The "
posted: "The Central Government has amended the Post Office Savings Account Scheme, 2019 to reduce the amount to be deducted for non-maintenance of minimum balance in a saving account. Non-maintenance fee is reduced from Rs. 100 to Rs. 50 (including GST) if an acc"
posted: "To ensure that the insurers, intermediaries or insurance intermediaries adopt fair, honest and transparent practices while issuing advertisements and avoid practices that tend to impair the confidence of the public, IRDAI has notified Insurance Regulatory"
posted: "INCOME TAX : Where company in which assessee was registered shareholder, advanced loans and advances to other companies in which assessee was holding substantial interest, however, assessee did not get benefit out of such loans and advances, provisions of"
posted: "INCOME TAX : Where assessee showed an agricultural income of certain amount, in view of facts that agricultural land claimed to be taken on lease by assessee for carrying out agricultural activities was barren and bereft of any crops and, further, possess"

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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....