#income tax act 1961
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Section 151A effective from 29.03.2022; jurisdiction under faceless assessment scheme not applicable prior

Issue of notice u/s. 143(2) after limitation period cannot be sustained: Gujarat HC

Deduction u/s. 80G eligible even if donations are part of CSR expenditure: ITAT Mumbai

GST on Club Members’ Contributions: Unconstitutional & Void – Kerala HC

Section 68 Inapplicable: Depositor Identity, Source Established & Recorded in Books

Tax Loss Harvesting in FY 2025-26: A Smart Way to Reduce Your Tax Liability

Unaccounted deposits treated as Liabilities, and not income?

Section 56(2)(x) Addition Deleted as Price Variation was Within 10% Tolerance

Notice Must for Rectification under Section 154 Reducing Refund: Calcutta HC

Know About Provisions of Form No. 15G and Form No. 15H

Admission of Additional Evidence Valid as AO Had Full Opportunity: No Rule 46A Violation

Tax Consultant Change: ITAT Accepts Late Appeal

Erroneous Assessment Ignoring SC Judgment Cannot Be Trivialized: Kerala HC

ITAT Pune Sends Capital Gains Assessment Back to AO in Development Agreement Dispute
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.
