#income tax act 1961
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Reassessment u/s. 148 is invalid if based on borrowed satisfaction: ITAT Hyderabad

Section 80P(2)(d) Deduction allowed on Coop Bank Interest to Coop. Credit Society

Section 153C Proceedings based on specific WhatsApp chats justified: Rajasthan HC

ITAT Jaipur Set Aside Penalty Under 271E for Lack of Recorded Satisfaction

Section 148 Reopening unsustainable as material facts fully & truly disclosed: Madras HC

Section 40A(7) Overrides Section 43B if Conditions Met: Madras HC

ITAT Orders Fresh Examination of ST Doctor’s Tax Exemption Claim U/S 10(26)

Bombay HC Upheld 100 percent additions on bogus purchase

Matter remanded to check whether activity is charitable or General Public Utility

ITAT Delhi directed TPO to accept Advance Pricing Agreement parameters for royalty adjustment

Assessment order quashed as mere technical approval granted u/s. 153D: ITAT Delhi

ITAT Quashes Sec. 271(1)(c) Penalty on Bank Credit Entries, Condones 1607-Day Delay

Section 151A: JAO Lacks Jurisdiction to Issue Section 148 Income Tax Notices

Employees’ contribution to PF/ESI after statutory due dates not deductible: ITAT Ahmedabad
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.
