Tuesday, 13 April 2021

Daily digest for Gupta Chandan & Associates, on April 13, 2021

posted: "INCOME TAX : Where AO after issuing several notices to assessee and conducting detailed hearings concluded that plots of land were purchased and sold by assessee within maximum period of 20 months and it showed that assessee was engaged in real estate bus"
posted: "In partial modification to the SEBI circular No. MFD/CIR/09/014/2000 dated January 5, 2000, the SEBI has decided that the Compliance Certificate to be submitted by the AMC to the Trustees on an half yearly basis shall be discontinued.In partial modificati"
posted: "Government of India has approved the extension of Interest Equalization Scheme for pre and post shipment Rupee export credit, with same scope and coverage, for three more months i.e., upto June 30, 2021.Government of India has approved the extension of In"
posted: "The SEBI has cautioned investors against impersonations and further advises that Beware of emails / any other communication impersonating employees of SEBI and refrain from responding to such emails / communication. The only official and genuine website o"
posted: "INCOME TAX : If expenditure already voluntarily disallowed by assessee was found to be reasonable, Assessing Officer in any case could not have resorted to rule 8DINCOME TAX : If expenditure already voluntarily disallowed by assessee was found to be reaso"
posted: "'Alter ego'. 'Mens rea'. 'Directing Mind/Will of the Company'. These are important concepts for lawyers, Directors and professionals.'Alter ego'. 'Mens rea'. 'Directing Mind/Will of the Company'. These are important concepts for lawyers, Directors and pro"
posted: "In the recent years, an ongoing goal of the Central Government has been the introduction of measures to reduce tax litigation at both the departmental and appellate court levels. While 2019 saw the CBDT increase in the monetary limits for the filing of De"
posted: "Section 80G allows a deduction for the donation made to certain funds and institution. The deduction for such donation is allowed to the donor only if donee fund or institution is approved by the Principal Commissioner or Commissioner, and fulfils other c"

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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....