#income tax act 1961
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Reassessment Notice Quashed for Relying on Wrong Assessment Year Data

Reassessment Notice Quashed for Lack of Independent “Reason to Believe”

Income-tax Act, 1961 vs 2025: Paradigm Shift in India’s Direct Tax Law

Reopening for Section 68 but Taxing u/s 115BBC Is Jurisdictional Mismatch: Pune ITAT Quashes Reassessments

Omnibus Section 153D Approval Invalid, Entire Search Assessment Quashed

Understanding Marginal Relief: A Fairness Mechanism Built into Income Tax

Judicial vs Quasi-Judicial Powers in Tax Adjudication: Why Articles 226 & 136 Matter

Cash Payment Disallowance Rejected Due to Valid 40A(3) Relief

Income Tax Bill 2025: A Step Towards Simpler Taxation

Taxation of Gifts from Family

Chennai ITAT Quashes Revision Section 263 for No Error in AO’s Assessment

No Real Transfer, No Automatic U/s 50C Tax on Property Transaction

Reassessment u/s. 148 quashed as based on same material which was accepted by AO in earlier proceeding

ITAT Mumbai Deletes Section 41(1) Addition Where Liability Not Ceased
Explore the latest income tax act 1961 updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
