#income tax act 1961
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Assessee did not appear despite service of notice: ITAT imposed cost of Rs. 5,000

Delay of 32 days was explained satisfactorily: ITAT remanded matter to CIT (A)

Revision order u/s 263 was passed in name of deceased assessee: ITAT set-aside order

Mechanical Approval Under Section 153D Without entry in Order Sheet is Fatal

E-Invoicing Software Solutions provided to Indian Company was taxable as “Fee For Technical Services” (FTS) u/s 5 (2)

Deduction u/s. 37 for written-off of non-recoverable advances to employee allowed: ITAT Ahmedabad

Sale Value on date of agreement date to be considered u/s 50C (1st proviso): ITAT

Cash payment towards credit card purchases without explaining source of money added u/s. 69A

Capital Gains Exempt U/s. 10(38) Excluded from Section 115JB Book Profits

ITAT Delhi Allows Set-Off of Accumulated Deficit Against Current Year Surplus

ITAT Refers AO to Examine Section 2(15) Allowability in Light of SC Decision

No proper service and opportunity before CIT (A): ITAT remand matter to CIT (A)

Interest from investment with co-operative society engaged in banking business deductible u/s. 80P(2)(d)

Income Tax Section 10(46) exemption: Karnataka Horticulture Agency
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.
