#income tax act 1961
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Validity of initiation of reassessment u/s. 147 and 148 must be independently evaluated: Delhi HC

Reassessment alleging delayed filing of Form 10 without opinion of income escaped assessment untenable: Delhi HC

Order quashed as passed without providing personal hearing as required u/s. 144B: Madras HC

Issuance & service of section 143(2) notice after filing of ROI is sine-qua-non for framing assessment

DRI Customs Valuation Quashed by CESTAT: HC upheld quashing of such Income Tax addition

111 FAQs on Provisions through Finance Bill (Budget) 2024 in India

Power to assess block period of ten years doesn’t apply to search conducted before 1st April 2017: Delhi HC

Deduction u/s. 80P(2)(d) allowable on interest earned by Cooperative Society from deposits with Cooperative Bank: ITAT Ahmedabad

Addition u/s. 68 sustained as assessee failed to establish genuineness of transaction: Rajasthan HC

Non-resident Foreign Company Interest Income Taxability: Income Tax Act, 1961

Appeal u/s. 377 of Cr.P.C. against inadequate sentence to be filed in Sessions Court: Karnataka HC

Direction given by Tribunal to AO to re-examine issue cannot be disregarded: Delhi HC

Initiation of re-assessment proceedings merely based on faceless information quashed: Bombay HC

Notification No. 98/2024 Income Tax Exemption for Karnataka Disaster Centre
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.
