#income tax act 1961
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Section 68 Addition unsustainable as LTCG Non-Genuineness Not Proven: ITAT Ahmedabad

Assessment Order Violates Natural Justice Due to SOP u/s 144B Breach: Bombay HC

Section 148 Reopening based on incorrect facts & reasons is invalid: ITAT Delhi

Penalty u/s 271(1)(c) Justified for Concealment via Bogus Share Capital: ITAT Delhi

Section 153D Approval granted mechanically vitiates entire assessment: ITAT Delhi

Section 263 cannot be Invoked for Difference of Opinion on Section 54F Exemption & Indexed Cost

Exempt LTCG Under India-Mauritius DTAA Not Adjustable Against Taxable Losses: ITAT Mumbai

Notification u/s 10(46A) of Income Tax Act in case of National Mission for Clean Ganga

CBDT notifies 10 new items on which TCS needs to be collected

Section 270A set aside as charge of under reporting or mis-reporting of income not clarified

Dismissal of application u/s. 80G(5) not justified in view of CBDT Circular 7/2024

Interest on loan taken to acquire shares eligible for deduction u/s. 36(1)(iii): ITAT Hyderabad

All about Revised Presumptive Taxation Scheme under Section 44ADA

GST not includible in Gross Receipts for Income Computation U/S 44BB: ITAT Mumbai
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.
