#income tax act 1961
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Deduction under Section 80 from ITR filing perspective

Transforming Tax Compliance: The Impact of Digital Transactions in India

Non-disclosure of Exempt LTCG Doesn’t Cause Revenue Loss: Invalidates Section 263 Proceedings

ITAT Bangalore: Tax Cash Deposit from Store Business at 8%

Same Methodology Must Be Applied for Valuing Opening & Closing Stock: Kerala HC

After TPO’s Order, AO Obligated to Follow Section 92CA(4) for Assessment

Joint Secretary’s Letter Can’t Override Income Tax Act: Calcutta HC

CBDT excludes RBI from definition of specified person under Sec. 206AB & 206CCA of Income Tax Act, 1961

Section 148A(b) & 148 notices invalid without approval from designated authorities

Reassessment Notice Under Section 148 Invalid If Issued After Four Years

CBDT exempt RBI from Higher TDS deduction under Section 206AB

HC set aside Section 132(1) action due to lack of valid reason to believe

AO Can’t Alter Gross Profit Rates When Books of Accounts Not rejected: Allahabad HC

New Section 148 SCN Needed for issues not previously raised: Madras HC
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.
