Monday, 2 August 2021

Daily digest for Gupta Chandan & Associates, on August 2, 2021

posted: "INCOME TAX : SLP granted against High Court ruling that transfer of assessee's non-transmission and distribution business in exchange of issuance and allotment of equity shares under a scheme of arrangement approved by High Court is not a slump sale exigi"
posted: "INCOME TAX : Where Assessing Officer failed to deal with request of assessee, for according an adjournment in matter and in view of difficulty faced by assessee in filing response/objection to show cause notice-cum-draft assessment order because of his so"
posted: "The ongoing pandemic, economic challenges and political divisions exemplified by the tumultuous events are certainly going to leave an indelible impression on the present tax legislation amp; policy, as it evolves. The outlook for Year 2021-22 is less dra"
posted: "INCOME TAX : Income earned by assessee from letting out building along with other amenities in industrial park was chargeable to tax under head 'income from business and profession'INCOME TAX : Income earned by assessee from letting out building along wit"
posted: "INCOME TAX : Where Assessing Officer made an addition under section 68 on account of share capital and share premium amount received by assessee on ground that directors of share subscriber companies did not appear for personal attendance, since assessee "
posted: "The MCA has clarified that spending of CSR funds for Covid-19 vaccination for persons other than employees and their families is an eligible CSR activity under item (i) of Sch VII of the Cos Act, 2013 relating to the promotion of health care including pre"

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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....