Wednesday, 13 October 2021

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

posted: "INCOME TAX : Where assessee raised share application money from share applicants, however, in confirmation of share applicants filed by assessee it was not mentioned whether share application money had been given in cash or through bank account and no evi"
posted: "INCOME TAX : Where Assessing Officer had reason to believe that income chargeable to tax had escaped assessment as assessee was beneficiary of accommodation entries and basis for formation of such belief were several inquiries and investigation by Investi"
posted: "INCOME TAX : Where assessee filed an application under section 132B for release of jewellery seized during search conducted upon her under section 132 and revenue failed to pass an order on same within stipulated period of 120 days from date on which last"

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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....