Articles by CA.Mohit Gupta

Income Tax Search: Incriminating Material Under Section 153A

Posted by CA.Mohit Gupta 28 November 2021 2113 Views

Understand the assessment of incriminating material found during Income Tax searches under Section 153A. Learn about the conditions and procedures involved.

Income Tax Search & Seizure: Incriminating Material & Undisclosed Income

Posted by CA.Mohit Gupta 12 November 2021 1849 Views

Understand Income Tax search and seizure powers. Learn about lawful grounds for authorisation, finding incriminating material, and uncovering undisclosed income.

Income Tax Search & Seizure: New Assessment Rules Explained

Posted by CA.Mohit Gupta 12 July 2021 4328 Views

Understand the Finance Act 2021's impact on income tax search & seizure assessments. Discover new procedures & implications for taxpayers.

Section 132(4) IT Act: Importance & Retraction of Statements

Posted by CA.Mohit Gupta 26 May 2021 13253 Views

Understand the critical importance of statements recorded under Section 132(4) of the IT Act 1961 during search and seizure. Learn about retraction.

Dumb Documents in IT Search: What You Need to Know

Posted by CA.Mohit Gupta 27 February 2021 2251 Views

Understand 'dumb documents' seized in IT search actions. Learn why they often lack tax liability without corroborating evidence. Get the facts.

Income Tax Search & Seizure: Legality of Survey Conversion

Posted by CA.Mohit Gupta 09 February 2021 7247 Views

Explore the legality of converting income tax surveys (Section 133A) into search and seizure actions (Section 132) under the Income Tax Act, 1961.

Finance Bill 2021: IT Search, Seizure & Settlement Changes

Posted by CA.Mohit Gupta 03 February 2021 6753 Views

Discover key changes in the Finance Bill 2021 regarding Income Tax search, seizure assessments, and the Settlement Commission. Learn about new procedures and their impact.

Undisclosed Jewellery Seizure: Legal Guidelines & Assessment

Posted by CA.Mohit Gupta 09 January 2021 2059 Views

Understand the rules on seizing undisclosed jewellery during income tax searches. Learn about CBDT guidelines and court rulings on explained vs. unexplained investments.

Income Tax Search, Seizure & Settlement Commission Explained

Posted by CA.Mohit Gupta 30 December 2020 6505 Views

Understand the interplay between income tax search/seizure and the Settlement Commission. Learn when you can apply for settlement and how jurisdiction shifts.

Bar on Subsequent Settlement Commission Applications

Posted by CA.Mohit Gupta 12 December 2020 1484 Views

Understand the bar on subsequent applications to the Income Tax Settlement Commission, including legislative intent and recent judicial interpretations.