#income tax act 1961
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Orders passed mentioning old address of petitioner liable to be set aside: Kerala HC

Denial of exemption u/s. 11 by CPC in rectification petition not justified: ITAT Ahmedabad

Singularly dismissal of each piece of evidence by CIT(A) not justified hence matter restored

Order passed by CIT(A) without considering submission not sustainable: ITAT Ahmedabad

Assessment Ignoring Indexed Cost of Acquisition Set Aside: Karnataka HC

Taxability of Leave Encashment at the Time of Retirement

Bombay HC Directs CBDT to Extend E-Filing Deadline; Section 87A Rebate is a ‘Substantive’ Right

Addition to items not forming part of reassessment not sustainable: ITAT Kolkata

Revenue Can’t Adjust Income Tax Refunds against Stayed Demand: Delhi HC

Madras HC Set aside Income Tax order for denial of hearing via Video Conferencing

Reopening of assessment beyond period stipulated u/s. 149(1) not permissible: Delhi HC

Disallowance of deduction u/s. 54F merely due to delay in completion of construction not justifiable

Issuance of notice mandatory before an adverse conclusion arrived in assessment order: Madras HC

Each and every addition cannot be base for levy of penalty u/s. 271(1)(c): ITAT Surat
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.
