#income tax act 1961
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Interest on refunded principal amount, deposited in auction sale is capital receipt

Assessee entitled to Section 80G Deduction on CSR Expenditure: ITAT Mumbai

Audit objections alone do not fulfill criteria for reopening assessments: Delhi HC

Temporary donations to other charitable entities did not violate spirit of Section 11

Representation against Proposed Amendment In Section 43B of Income Tax

Calcutta HC on whether reassessment proceedings set aside by single bench are set at rest

Subsidiary would only be deemed a PE if it satisfies specific tests outlined in DTAA

Voluntary Compensation in lieu of ESOP Not Part of Salary: Delhi HC in Flipkart-Phonepe Case

No Section 56(2)(viib) on Loan Conversion to Equity; Choice of Valuation Method with Assessee, not AO

Section 12,12A, 12AA, 12AB: Analysis, Registration Procedure, Exemption & FAQs

ITAT upholds profit earned in foreign currency determined by Assessee under Rule 115

Kerala HC Sets Aside Appeal Dismissal Over Non-Compliance Technicality

Revised Jurisdiction of DIT Intelligence & Criminal Investigation in Lucknow & Kanpur Notified by CBDT

Legality of Second Notice under Section 148 of Income Tax Act, 1961 for Same Assessment Year
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.
