#income tax act 1961
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Delay in filing Form 10B condoned since genuine hardship faced: Delhi HC

Capital Gain Taxability Under Section 50C: Execution vs. Sale Deed Registration date

Section 69A Addition Invalid Without Cross-Examination & Corroborative Evidence

GoDaddy Income Not Royalty or FTS, Rules ITAT Delhi

Infrastructure Fee Deduction Set at 5% of Receipts, Not Gross Advertising Bills: Bombay HC

Section 44C Inapplicable to Exclusive Head Office Expenses for Indian Branches Abroad

High sales during demonetization cannot be reason to assume that sales were fictitious

Disallowance u/s. 56(2)(viib) unwarranted as creditworthiness cannot be doubted when share allotted to existing shareholder

Accepting additional evidence and granting relief u/s. 10(26AAA) by CIT(A) without hearing AO not justifiable

Without verification, documents signed by third party cannot be held to be colourable devise

Weighted deduction u/s. 35(1)(ii) disallowed as institution didn’t had valid registration

Addition by Lower Authority Demonstrates Lack of Care, Reassessment Unwarranted

Minor’s Income Clubbed in Mother’s Return Cannot Be Reassessed in Father’s Hands

Cash Deposits from Joint Bank Account Assessed to Primary Holder, Case Remanded for Verification
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.
