#income tax act 1961
Log in to FollowLatest income tax act 1961 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Protective Addition Unsustainable if Substantial Addition is Confirmed or Settled: ITAT Bangalore

Income Tax dues prior to resolution plan’s approval date are extinguished: ITAT Delhi

Supreme Court Dismisses Section 147 Case Due to Low Tax Effects

Reassessment Invalid if Original Escaped Income Not Added & Reasons are Vague or Scanty

Section 271(1)(c) Penalty unustified on Ad-Hoc Estimated Income: ITAT Mumbai

Cryptocurrency Taxation in India: Key Challenges

Gujarat HC quashes Reopening of Income Tax Assessment on Change of Opinion

Department Cannot Deny Exemption Over Missing Section 12A Certificate

Section 250(6): CIT(A) / NFAC order Must Include Reasons for determination

Draft Submissions: No Specific Default Date, No Section 271(1)(b) Penalty

Amortization of Mining Lease Charges Allowed Under Section 35: ITAT Jaipur

Bombay HC quashes penalty citing technical glitches in ITBA records

Excessive disallowance u/s 14A was restricted as AO failed to record dissatisfaction

Profit Enhancement After Book Rejection Must Be Fair & Backed by Evidence: ITAT Delhi
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.
