#income tax act 1961
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Section 143(2) notice mandatory before proceeding with assessment: Delhi HC

Exemption u/s. 11 allowed inspite of certain errors while filing form 10B

Disallowance u/s. 14A deleted as investment made out of sufficient own interest free funds

Section 12A Registration Cannot Be Cancelled for Genuine Trust Activities: ITAT Pune

Income Tax Changes Effective from 01/04/2025

15 days minimum time to be given to respond to hearing notices: ITAT Pune

Filing of cross objection before High Court is not maintainable

Recovery or repayment of fraudulent income doesn’t qualify as allowable expense

Addition u/s. 68 based on suspicion and presumptions not sustainable: ITAT Surat

Section 10(46) Income Tax Exemption for Karnataka Urban Water Board Notified

Section 14A not apply when there is no dividend income: ITAT Hyderabad

Addition u/s. 69C without corroborative evidence liable to be deleted: ITAT Nagpur

CBDT Amends Form 3CD: Adds Section 44BBC, Removes 32AC, 32AD, 35AC & 35CCB

TDS/TCS Interest Waiver: CBDT Relaxes Rules
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.
