#income tax act 1961
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ITAT Surat Remands Case as AO Ignored acquisition & improvement Cost in Capital Gain

Depreciation u/s. 32 is entitled only if asset is owned by assessee: ITAT Hyderabad

No Section 80P(2)(d) deduction on Co-Op bank interest: ITAT Bangalore

ITAT Delhi Dismisses Revenue’s Appeal Due to Low Tax Effect

AO made error in considering the clerical mistake in consolidated amount of capital: ITAT deleted addition

Discrepancy in Agricultural Income: ITAT Directs Probe of Assessee’s Operations

How Finance Bill 2025 rationalize Tax Loss Time Machine under M&A

Opportunity granted as assessee failed to represent in rejection of registration u/s. 12AB

Additional machine for carrying out freeze-drying process entitled to enhanced depreciation

Reopening u/s. 148 without tangible material is unsustainable in law: Gujarat HC

Mere uploading of communication in e-portal not sufficient under Income Tax: ITAT Agra

Initiation of revision proceedings u/s. 263 unsustainable as matter already pending before CIT(A)

Section 56(2)(vii)(b)(ii) not applicable to transactions before 1-4-2014: ITAT deleted addition

Bombay HC Directs Timely Disposal of TDS Refund Application
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.
