#income tax act 1961
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Section 80P Deduction Denied Without Merits: ITAT Cochin Remands Case to CIT(A)

ITAT Denies 80G Exemption to Educational Trust Over Unjustified Donations to Other Trusts

Calcutta HC Dismisses Reassessment Order Challenge, Cites Alternative Remedy

ITAT Pune Allows Section 80P Deduction Despite ITR Verification Delay

Mistake of not filing Form 67 is rectifiable: Writ disposed as alternate remedy available

Exemption u/s. 13A denied to Indian National Congress as return not filed within prescribed due date

Exemption u/s. 54(1) admissible even when sale proceeds used for purchase of multiple residential house

Wrong Income Tax Section Code Not Fatal to Section 80G Claim: ITAT Pune

Cash from Business Sales, Not Unexplained – Demonetisation Cash Addition deleted

NFAC Cannot Dismiss Appeal Without Deciding Merits – ITAT Sets Aside Ex-Parte Order

ITAT Indore Remands Best Judgment Case to AO Due to Rejection of Additional Evidence

Receipt from surrender of Life Insurance Policy cannot be added u/s. 68 as unexplained money

Consolidated satisfaction note u/s. 153C for different assessment year vitiates entire proceedings

Double taxation is prohibited hence extraordinary jurisdiction under Article 226 and 227 invoked
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.
