Thursday, 9 September 2021

Daily digest for Gupta Chandan & Associates, on September 9, 2021

posted: "INCOME TAX : Where assessee-developer/builder had sold land after gap of a decade and same was shown as investment in fixed assets in balance sheet from time of acquisition till sale of land, profit arising out of sold land was assessable to tax under hea"
posted: "The IRDAI has issued Trade Credit Insurance Guidelines, 2021. Trade credit insurance protects businesses against risk of non-payment for goods and services by buyers. Guidelines set out framework to promote sustainable and healthy development of trade cre"
posted: "INCOME TAX : Where assessee did not have sufficient opportunity to reply to notice under section 142(1) issued against it as there was a lockdown in State due to covid-19 pandemic and there were large number of documents in his possession that he would ha"
posted: "In order to capture data and putting it to right use benefits governments, corporations, institutions, science, and social welfare, the IRDAI has issued guidance note on product structure for cyber insurance. The provisions related to emergence of cyber r"

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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....