#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.

Additional evidence admitted by imposing cost due to casual and callous approach

Addition based on statement recorded behind back of assessee without affording cross examination cannot be sustained

Reassessment notice u/s. 148 without DIN is invalid and non-est

Adhoc Disallowances Without Defects Unsustainable: ITAT Delhi

Notices Sent to Ex-Employee’s Email Invalid; Reassessment Set Aside

ITAT Ahmedabad Quashes ₹2.99 Cr Share Capital Addition – No “Source of Source” for AY 2009-10

Previous Year vs. Assessment Year under Income Act 1961 & Key Exceptions

ITAT Quashes WhatsApp Chats & Cancelled MOU based Additions

Business Necessity Justifies Cash Payments: ITAT Deletes Section 40A(3) Addition

Merits Over Technicalities: ITAT Condones 518-Day Delay, Sets Aside Ex Parte CIT(A) Orders

Reopening u/s. 148 quashed as genuineness of loan already established

Section 271(1)(c) cannot be imposed on ad hoc estimation of bogus purchases

Allahabad HC Quashes Section 271D Penalty Order due to Denial of Hearing

Income Tax Penalty Set Aside Due to Non-Consideration of APA Modified Return
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.
