#income tax act 1961
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CIT(A) Cannot disbelieve Cash Book Solely Based on General Practice

AO’s Treatment of Cash Deposits as Unexplained Without Adverse Material Unjustified

No Section 56(2)(viib) addition for allotment of equity shares by Subsidiary to holding company at premium

Revamping SME Growth: An Overview of New Manufacturing Norms In India

Revision u/s 263 justified as details not examined by AO: ITAT Mumbai

TDS was correctly deducted by Hindustan Lever, rules Orissa HC in challenge by Works Contractor for ‘Wheel’, ‘Surf Excel’ and ‘Domex’ Production

Shyam Sunder Khandelwal Vs ACIT: Interplay between Sections 147/148 & 153C

No Section 56(2)(x)(b)(B)(ii) Addition for Valuation Difference of less than 10%

Due Date for Section 36(1)(va) Commences with wages was payable’ & not when disbursed

No reassessment for Client code modification on failure to prove malafide purpose of shifting profit

No TDS on Sales Commission to Wholly-Owned Subsidiary under Section 40(a)(i)

Failure to Record Satisfaction Renders Section 148 Notice Void & Assessment Order Void-ab-initio

Section 148 Notice cannot be issued to Partner for Transactions Among Partnership Firms

Section 10(10D) Tax Exemption for Employee on Insurance Policy Assignment by Employer
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.
