Tuesday, 29 June 2021

Daily digest for Gupta Chandan & Associates, on June 29, 2021

posted: "INCOME TAX : Where purported transaction of land between assessee-seller and buyer did not materialise and land was not transferred to said buyer, addition under section 69 on basis of seized agreement was not justifiedINCOME TAX : Where purported transac"
posted: "INCOME TAX : Where assessee had wrongly claimed income in question as agricultural income and claimed same as exempt, Assessing Officer was justified in treating said income as income from other sourcesINCOME TAX : Where assessee had wrongly claimed incom"
posted: "The Union Finance Minister Nirmala Sitharaman addressed a press conference at 3 pm on Monday, 28 June 2021 wherein, the FM announced various reliefs for sectors that were badly affected by second wave of Covid -19 Pandemic. The second wave of coronavirus "
posted: "The Finance Minister has announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors. The scheme would include Rs 50,000 crore loan to the health sector aimed at scaling medical infrastructure targeting underserved areas. The scheme would"

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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....