#income tax act 1961
Log in to FollowLatest income tax act 1961 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Main Issue Ignored – CIT(A) Skips ₹2.46 Cr Purchase Dispute, ITAT Steps In & Remands for Fresh Decision

ITAT Orders Fresh Adjudication due to non-receipt of notices & personal circumstances

Sale of Gold Bar through Bank Proved Genuine – ITAT Deletes Addition u/s 69A

Kerala HC Allows Open Remand in Section 2(22)(e) Deemed Dividend Case

ITAT Visakhapatnam Restores Bank Deposit ₹6.37 cr Addition Case for Reconsideration

Purpose Test Wins Again: ITAT Treats ₹22.6 Cr Sales Tax Incentive as Capital

ITAT Allows Section 54 Capital Gains Deduction as Sale Proceeds Properly Proven

Section 40(a)(ia) Disallowance Overturned Due to Valid Certificate Submission

ITAT Delhi Deletes Addition on Demonetization Cash Deposits for Past Savings

TDS or Invoice Can’t Kill Charity – ITAT Says ₹5.97 Cr Is Donation, Not Business Income

ITAT Quashes ₹16.48 Cr TP Adjustment on Negative Lien vs. Guarantee

Income Tax Jurisdiction Defect: ACIT Cannot Issue 148 Notice Below ITO’s Prescribed Monetary Limit

Bombay HC Admits Appeals on TDS Applicability for Joint Venture Payments

Non-Speculative F&O Losses Allowed to Set Off Against Capital Gains
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.
