#income tax act 1961
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Singapore entity not conduit, satisfies PPT test; Grants LTCG exemption: ITAT Mumbai

Vague Penalty Notices Without Specified Limb Are Invalid in Law: ITAT Delhi

Reopening Beyond Four Years Without Alleging Assessee’s Failure Is Void

Delhi HC Criticises Income Tax Dept’s Delay, Grants Assessee Refund & Interest

Delhi HC Quashes Section 153C Notices Beyond 10-Year Limit

Reassessment merely on DVO Report without AO’s Independent Inquiry was Invalid

Reassessment on Same Issue Invalid: Delhi HC Sends Case Back to AO for Fresh Consideration

Section 12AA Registration Alone Doesn’t Guarantee 80G Approval: SC

Refund Interest Denial Over Defective TDS Held Perverse: J&K HC Remands Case

Order not providing reasons on functionality of comparable for transfer pricing adjustment cannot sustain

Amount already disclosed before Settlement Commission cannot be added against u/s. 68

ITAT Delhi Partly Deletes Demonetisation Cash Deposit Addition for Lack of Proper Inquiry

No property attachment to continue once ITAT order attained finality and dues were cleared

AO Must Share Information and Pass Speaking Order: Allahabad 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.
