#income tax act 1961
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Denial of FTC for delay in filing of Form No. 67 not justified: ITAT Kolkata

Delay of 1809 days condoned on reasonable cause shown: ITAT Bangalore

Addition u/s. 28(iv) towards import of assets free of cost not justified since no benefit derived

Penalty u/s. 271(1)(c) not leviable in case of debatable issue: ITAT Ahmedabad

Cost imposed on assessee due to non-compliance with opportunities granted by CIT(A)

Disallowance u/s. 36(1)(va) justified since employee’s contribution deposited after due date: ITAT Surat

Dismissal of appeal for non-payment of advance tax not justified since there is no admitted income: ITAT Agra

Addition u/s. 69C treating agricultural expense met from undisclosed income not justified

How to Pay Income Tax Online: List of empanelled banks & Guide

Revenue appeal dismissed in absence of any substantial question of law: Allahabad HC

TDS u/s. 194C not deductible on capital grant subsidy extended by NHAI: Delhi HC

Registration to trust u/s. 12AB granted as exemption u/s. 11 not claimed: ITAT Ahmedabad

Commonly Found Irregularities In Tax Audit Report

ITAT Partly deletes Agricultural Income addition & confirms rest for Lack of Evidence
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.
