#income tax act 1961
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Income Tax
Income Tax
Reopening bad-in-law since AO unaware about exact nature of income which escaped assessment
Income Tax
Income Tax
Delay of nine years in filing refund application u/s. 119(2)(b) not condonable: Kerala HC
Income Tax
Income Tax
Denial of relief u/s. 90 for delay in filing of Form 67 not justified: ITAT Kolkata
Income Tax
Income Tax
Interest from co-operative bank eligible for deduction u/s. 80P(2)(d): ITAT Kolkata
Income Tax
Income Tax
Addition Not Sustained as No Incriminating Material Found & Assessment Completed on Search Date
Income Tax
Income Tax
Reassessment Based on Insight Portal Info Must Be Under Sections 147/148 if Section 153C Jurisdictional Conditions Are Not Met
Income Tax
Income Tax
Denial of Capital Gain Exemption u/s 54F for Property Described as “Makaan” Justified Due to Brick-Kiln Construction
Income Tax
Income Tax
Matter was remanded as non-compliance was due to Karta of HUF died and notices sent to an outdated address
Income Tax
Income Tax
Ex-parte order set aside and cost imposed on assessee for non-compliance and procedural delay
Income Tax
Income Tax
High Court wrongly considered matter u/s. 10(20) instead of section 11 and 12 hence matter remanded
Income Tax
Income Tax
Late filing of Form 67 couldn’t override rights under DTAA
Income Tax
Income Tax
HC couldn’t indulge in factual examination of dispute u/s 68 as it was beyond scope of appeal u/s 260A
Income Tax
Income Tax
Delay of 85 days condoned on medical grounds: ITAT Bangalore
Income Tax
Income Tax
Matter remitted as lower authorities failed to examine evidences with regard to deduction u/s. 80P(2)(a)(i)
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.
