#income tax act 1961
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Settlement commission offering immunity by accepting explanation in spirit of settlement cannot be faulted: Karnataka HC

Importance of Show-Cause Notices: Key Insights & Case Laws

CIT needs to independently apply his mind prior to invoking revisionary provisions u/s. 263: ITAT Kolkata

Rajasthan HC Confirms Penalty for Unexplained Cash Deposit

Penalty u/s. 271(1)(c) not sustained in absence of intention to conceal income: ITAT Mumbai

Domestic company paying DDT u/s. 115O doesn’t enter domain of DTAA: ITAT Pune

Income Tax Benefits on Home Loans: What You Need To Know

Assessment Under Section 44AD Instead of 44ADA: HC Upholds Section 263 Revision

Jurisdiction of ITAT tied to location of AO who issued original assessment order

Reassessment action u/s. 148 post approval of resolution plan unsustainable: Delhi HC

Passing of revisionary order u/s. 263 without giving adequate opportunity of being heard unsustainable: ITAT Ahmedabad

Denying Foreign Tax Credit despite accepted computations is incorrect: Madras HC

Changes in Capital Gains Taxation: Budget 2024 Amendments

Budget 2024 Amendments: Key Changes in Trust Provisions
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.
