#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.

Recovery of Income Tax Arrears from Auctioned Property Untenable: Kerala HC

License Fees for Goodwill acquisition Allowed as Expense U/S 37: Delhi HC

Punjab RERA Notified for Income Tax Exemption under Section 10(46A)(b)

Adjustment of disallowance of deduction u/s. 80P(2)(d) is not permissible u/s. 143(1)

Section 271B Penalty Unfair if imposed Before Quantum Assessment: ITAT Agra

New Income Tax Bill 2025: Streamlining India’s Tax System for Modern Times

Demonetization Deposits Explained: Section 68/69A not Invocable

Section 264 Revision Accepted: Suo Moto Disallowance Rectified

Telangana HC Denies Agricultural Income Exemption for Uncultivated Land

Alleged Bogus LTCG from penny stocks: ITAT Kolkata invalidates reassessment due to lack of tangible evidence

Non-Consideration of Grounds & Inadequate Hearing: ITAT Remands Case to CIT(A)

ITAT Upholds CIT’s Section 263 Invocation on Genuineness of Receipts & Expenditures

Senior Citizen’s Appeal Dismissed Over Advance Tax Non-Payment Restored to CIT(A) by ITAT

Bogus Purchases Addition: ITAT Remands Case to CIT(A) Over Ex Parte Dismissal
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.
