#income tax act 1961
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ITAT Pune Sends Capital Gains Assessment Back to AO in Development Agreement Dispute

Mechanical Approval and Erroneous Facts: ITAT quashes Reassessment

Interest Income from Co-op Banks Qualifies for Section 80P(2)(d) Deduction: ITAT Pune

ITAT Restores Penalty Proceedings to CIT(A) Following Quantum Restoration

ITAT Accepts Late Section 54F Claim, Directs AO to Verify & Grant Exemption

Section 115JB MAT Provisions Inapplicable to Banking Companies Before April 1, 2012

ITAT Mumbai allows Bad Debt Write-Off Without Irrevocability Proof

HC Quashes Reassessment Proceedings: No Evidence of Escaped or Taxable Income Found

HC Quashes Reassessment Notice & Order Due to Variance in Allegations & Lack of Fair Opportunity

ITAT Directs Fresh Adjudication on Rs. 17.2 Crore Unsecured Loans Addition

Exemption u/s. 10(23C)(vi) denied as hostel fees charged is significantly high: ITAT Ahmedabad

Madras HC directed to challenge assessment and rectification order before CIT(A)

Cash Deposit During Demonetization from Liquor Sales: Addition u/s 69 Unjustified

Legal Loopholes, Gray Areas & Creative Deception in Income Tax Act, 1961
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.
