#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.

CBDT notifies Karnataka Pollution Board Income Tax Exemption

Addition towards bogus sales commission upheld due to absence of plausible explanation

Delay of few seconds in filing ITR due to technical glitch is condonable

CBDT Clarifies Interest Waiver under Section 201(1A)(ii)/ 206C(7)

Direct Tax Vivad Se Vishwas benefit not admissible in search assessment as disputed tax exceeds 5 Crore

Reassessment notice sustainable as issued within extended time limit under TOLA

Addition based on loose paper without corroborative material not sustainable

Exemption u/s. 10(23C)(v) granted as Form No. 10BB filed before completion of assessment proceeding

Option money is capital receipt: ITAT Delhi

Concluded assessments cannot be reopened merely based on suspicion: Delhi HC

Centage for service charge/ technical assistance is not exempt under Mega Exemption Notification

Offshore supply of equipment not taxable in India hence section 44BBB wouldn’t apply

Single sanction u/s. 153D for different Assessment Year granted in stereotype manner is invalid

Notice to email address available at MCA website is valid service
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.
