#income tax act 1961
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Disallowance of Outstanding Payments to Small & Micro Enterprises: Income Tax Act

Snips on Section 43B (h) of Income Tax Act, 1961 Related to MSME Enterprises

Section 148A(d) Order Bound by Notice Scope under Section 148A(b)

Kerala HC Sets Aside Assessment Order Due to Absence of Draft Assessment Order

Income Tax Dues Not in Resolution Plan extinct upon Plan Approval: ITAT Nagpur

Technical Glitch No Basis to Deny Section 80IB deduction: ITAT Mumbai

Section 68 applies when amount credited in assessee’s books lacks satisfactory explanation

HSBC Bank in Mauritius exempt from tax in India for bona fide banking business

No Section 271(1)(c) Penalty for Stamp Authority Valuation Discrepancy: ITAT Ahmedabad

Mumbai ITAT Upholds Deletion of Additions, Maintains Status Quo in Identical Case

Cash Deposits Explained by Sale Proceeds Not Unexplained Credit: ITAT Delhi

Bombay High Court allows income tax deduction for excise duty claims

Funds Held in Fiduciary Capacity by Trust cannot be Treated as Income: ITAT Delhi

Improper Vouchers Alone Insufficient for Ad Hoc Disallowance: ITAT Delhi
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.
