#income tax act 1961
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Cash Payment to Kerala State Electricity Board Not Disallowable u/s 40A(3)

CIT(A) Cannot Dismiss Appeal Ex Parte Without Merits Consideration: ITAT Cochin

Interest on Delayed Statutory Payments Deductible as Business Expense: ITAT Cochin

Broker Transactions through Banking Channel Not Unexplained Cash Credit

Additions Not Valid in Non-Abated Assessments Without Incriminating Search Material

Reopening Beyond Three Years Without Sanction Void ab Initio: ITAT Mumbai

ITAT Mumbai Upholds Deletion of Rs. 4.24 Crore Unexplained Cash Credit

Tax Consultant Error: ITAT Rajkot Reduces Section 271(1)(b) Penalty on Assessee

Re-assessment u/s. 148 quashed as sanction provisions u/s. 151(ii) violated

Interest Income from District Co-operative Bank Qualifies for Section 80P Deduction: ITAT Cochin

Commission Agent Not Taxed on Principal’s Sales: ITAT Grants Full TDS Credit

Who Is Liable To Pay Advance Income Tax?

No addition u/s 68 and 69C for Penny Stock case without any evidence

ITAT Kolkata Gives Second Chance Because CIT(A) Ex Parte Order Was Harsh
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.
