#income tax act 1961
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Invocation of provisions of section 263 without satisfying twin condition is unsustainable

Assessment Under Sec. 143(3) Doesn’t Auto-Merge with 143(1) Intimation

Circumstances which may invite Notice U/s Section 133(6) of Income Tax Act, 1961

ITAT directs AO to correct arithmetical error in Section 10AA deduction computation

Mere Non-Appearance of Supplier Doesn’t Invalidate Transaction: ITAT Delhi

Exemption u/s 10(23C)(vi) denied as condition ‘solely for educational purposes’ not fulfilled

Prior period Expenses are beyond the scope of Section 154

ITAT deletes addition for duly explained cash deposit

HC upholds rejection of application for condonation of delay in Filing ITR filed after 16 years

Addition for Fall in Gross Profits Without Proof of Suppression is Unsustainable

Rental & Service Income Classification Mustn’t Change on Mere surmises

No disallowance of Transport commission expense solely for cross-verification absence

Trust can claim both depreciation & application of income on asset in its purchase year

TDS u/s 195 not deductible on commission paid to foreign agents for procurement of orders
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.
