#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.
Income Tax
Income Tax
Penalty u/s 271(1)(b) or 272A(1)(d) for initial AY was upheld and for remaining six AY’s was deleted
Income Tax
Income Tax
Plausible explanations were made for cash deposited during demonetization-ITAT deleted addition u/s 69A
Income Tax
Income Tax
Matter remanded back as CIT(E) rejected Trust’s Registration for limited review of objectives
Income Tax
Income Tax
Addition u/s. 56(2)(vii) justified due to difference in stamp duty valuation: ITAT Ahmedabad
Income Tax
Income Tax
Interest income from business activity classified as business income and hence relevant expenses allowed
Income Tax
Income Tax
Interest from Nationalized Banks Not Deductible under Section 80(P): ITAT Ahmedabad
Income Tax
Income Tax
Enhanced cost of acquisition without corroborative evidence not allowed: ITAT Surat
Income Tax
Income Tax
Addition set aside as satisfaction note required for invoking section 153C invalid
Income Tax
Income Tax
Non mentioning of proper service of notice in order: ITAT remanded matter to CIT(A)
Income Tax
Income Tax
Final Assessment Order passed despite pending objections before DRP: Delhi HC sets aside the Order
Income Tax
Income Tax
Audit report filed belatedly: ITAT deleted penalty u/s 271B
Income Tax
Income Tax
Capital contribution was made by partners of the firm: ITAT deleted addition
Income Tax
Income Tax
Only Actual Income Earned from Bogus Sale & Purchase can be Taxed as Income
Income Tax
Income Tax
Income Tax Notification on IFSC Units and Tax Collection (TCS) 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.
