#income tax act 1961
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Source for making or earning income of payer of FTS outside India is not taxable in India

Decoding Section 80D in 2024: Navigating New Tax Regime, Health Insurance Deductions and Medical Billing Insights

Cost of funds for earning interest income, assessed under section 56 is allowable

Old provisions of section 148 including TOLA cannot be applied to new regime: Calcutta HC

Section 148 lacks allegations of non-disclosure; jurisdiction assumption U/s. 147 is invalid

Section 43B doesn’t apply to service tax not routed through P&L

Proviso to Section 56(2)(vii)(b): Stamp Duty Value on Date of Agreement applies

Section 276C(2): Prosecution for Wilful Tax Evasion, Not for Tax Non-payment

Form 10-IEA Guide: Purpose, How to File and Sample

Business Transfer Agreements having a non-compete clause cannot be classified as Declared Service for demanding Service Tax

3-Year Limit for Tax Reassessment Notice if concealed income below 50 lakh: Jharkhand HC

Understanding Section 43B(h) of the Income Tax Act,1961

Violation of Section 269SS by Excess Capital Withdrawal in cash from Partnership

Kerala HC Dismissed writ alleging lack of hearing notice; As notices were sent to provided email IDs
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.
