#income tax act 1961
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Precision in Penalty: Why Misreporting Must Be Pinpointed Under Section 270A

Re-assessment Quashed as Notice Issued by PCIT instead of Principal Chief Commissioner

CBDT releases Advance Pricing Agreement Programme Annual Report 2024–25

Transfer Pricing adjustment of advertisement, marketing and promotion deleted as not an international transaction

Prosecution for Late self-assessment tax Payment Not Maintainable Without Willful Evasion: Bombay HC

Section 148 Notice Based on ‘Factually Erroneous’ Transaction Year Invalid: Delhi HC

Digital Press is a Computer: ITAT Grants 60% Depreciation

One-Day Notice Not Enough – ITAT Remands Section 271(1)(b) Penalty Case

Deputy Commissioner acting beyond directions given by DRP is contrary-in-law

Reassessment Notice Issued Beyond surviving Time Limit Invalid: Gujarat HC

Revisiting Employer–Employee Relationships: Supreme Court’s Clarification and Its Implications under Direct Taxes and GST Law

Delay in Form 10B Filing Due to Accountant’s Oversight: Bombay HC Allows Condonation

Gross Profit Addition Quashed Due to Lack of Basis in Estimation

Form 10BB Delay Due to CA’s Error: Bombay HC Allows Condonation
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.
