#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.

Only profit element to be taxed in case of unverifiable purchases: ITAT Delhi

Different floors to be construed as single residential unit for Section 54F deduction: ITAT Delhi

Setting Best Judgment Assessment to AO by CIT(A) Without Addressing Jurisdiction Validity Unjustifiable

Reassessment U/S 147 Quashed Due to Full & True Disclosure of Material Facts

Deduction Allowed for Loss on Sale of Pledged Shares to Satisfy Sister Concern’s Dues

ITAT Directs Appellant to Submit Documents for Section 12A Registration

ITAT Remands Ex-Parte Order on Unexplained Demonetization Cash Deposit for Fresh Hearing

ITAT Condones Delay in Filing Appeal Due to COVID, Depression & Father’s Death

ITAT Chennai Remands VRS Payment Disallowance to AO for Verification

RBI Export Credit Subsidy Not Taxable as Interest: Bombay HC

Donation/Capitation Fee Payment Case: ITAT Deletes Addition Due to Lack of Evidence

Buyer’s TDS Form Error Won’t Deny NRI Seller Credit: Delhi HC

No Section 10AA Deduction Denial for Late Form 56F Filing: Madras HC

Can The Fund In NRO Account Be Taken Outside India?
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.
