#income tax act 1961
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Delay in Form 10-B Filing Conditionally Allowed Due to Treasurer’s Age & Pandemic

filing of Audit report in form 10B is directory is nature & not mandatory- Delay condoned

Leave Encashment exemption raised from ₹3 Lakh to ₹25 Lakh: Filing Section 119(2)(B) Application

Assessment Cannot Be Remanded Without Deciding Validity of Section 144 Order: Delhi HC

Service of income tax notices on email ID from a previous return was valid

Section 148 Notice Invalid as Issued Without Section 148A Procedure: Gujarat HC

Tax Recovery Claims Extinguished After NCLT Resolution Plan Approval: Madras HC

No Section 271D Penalty on Cash Payment under Pre-Amendment Property Agreement

Reassessment against deceased assessee sustained as department not informed about death

JAO lacked jurisdiction to reopen assessments after 29.03.2022: Telangana HC

Cash Loan Above ₹20,000 Not a Defence to Cheque Bounce: Supreme Court Restores NI Act Rigour

₹50 Lakh Credit Without Source or Capacity Fails Section 68 Test; ITAT Upholds Addition

Search Return Can Reduce Income; U/s 69A Fails & CSR Eligible U/s 80G

A woman cannot claim exemption from personal appearance in FEMA inquiries: Delhi HC
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.
