#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.

Section 263 Invalid Where AO Adopted Plausible View on Bogus Purchases: Gujarat HC

Karnataka HC Quashes Section 148 Proceedings for Granting Less Than 7 Days Notice Under Section 148A(b)

Telangana HC Condones Delay in Filing Form 10B, Restores Section 11 Exemption

Bombay HC Upholds Section 148 Reopening Based on Survey Revealing Bogus Purchases

SC Dismisses Challenge to Section 153A Assessments Based on Incriminating Material

SC Dismisses SLP Against Section 153A Remand to ITAT

Allahabad HC Remands Section 153A Cases to ITAT Over Incriminating Material Findings

CBDT Yet to Implement Budget 2026 Relief on 10% Stay Demand

Section 14A Applies to Dividend Income but Deletes Disallowance for Lack of Nexus: SC

Demerged Company Must File Revised ITR Based on Revised Audited Accounts: Madras HC

Schedule FA Reporting for Foreign Stocks: Common Compliance Challenges

Allahabad HC: Section 148 Notice to Deceased Assessee Is Void Ab Initio

Who Can Assess? Jurisdiction, Transfer & Change of Incumbent – Sections 120, 124, 127 & 129

Section 148 Reopening Cannot Rest on Presumptions of On-Money Receipt: Gujarat HC
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.
