#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.

Suggestions for Streamlining Renewal Process under Section 12AB & 80G

Receipt of payment cannot be qualified as FTS merely because service require technical expertise

Addition merely on basis of available information without independent investigation is unsustainable

Section 264: Revisional Authority Can Review Existing Orders, Cannot Direct AO

Land Acquisition Interest is Capital Receipt: Delhi ITAT

Legal Framework of Dividend Distribution In India

Reassessment was valid where audit objections could qualify as “Information” u/s 148A

Taxes Through Time: How Ancient Tax Systems Shaped Modern Taxation

Notice u/s. 148A(d) issued beyond time prescribed u/s. 149(1)(a) is untenable-in-law

ITAT Quashes Assessment Without Fresh notice u/s 148

Entire addition towards bogus purchases not justifiable: Gujarat HC

Internal CUP Most Appropriate for ALP in Captive Power Plant Transaction: Calcutta HC

Section 271(1)(c) Penalty Invalid Without Specific Grounds in SCN: Calcutta HC

Reassessment u/s. 148 quashed as merely based on change of opinion: Madras HC
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.
