#income tax act 1961
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Income Tax
Income Tax
Penalty u/s 271B unsustainable on local authority not engaged in business or earning profit
Income Tax
Income Tax
AO obliged to refer matter to valuation officer when appellant objects to adoption of stamp duty value as full value of consideration
Income Tax
Income Tax
Anonymous donations and explanation thereof needs re-verification for claiming exemption u/s 10(23C)(iiiad)
Income Tax
Income Tax
Imposition of penalty u/s 271FA prior to 01.04.2015 for non-furnishing of AIR by co-operative bank unsustainable
Income Tax
Income Tax
Levy of fee u/s 234E prior to 1st June 2015 is unsustainable
Income Tax
Income Tax
Reassessment proceedings within limitation period specified under 149(1) is valid
Income Tax
Income Tax
Penalty u/s 271B unsustainable as reasonable cause shown
Income Tax
Income Tax
Addition of deemed dividend in the hands of non-shareholders is unsustainable
Income Tax
Income Tax
Deduction u/s 54B allowable even if nature of land converted to non-agriculture just before transfer
Income Tax
Income Tax
Joint ownership cannot stand in way of claiming exemption u/s 54F
Income Tax
Income Tax
Interest received on FDR with another cooperative society is deductible u/s 80P(2)(d)
Income Tax
Income Tax
Receipt of fabrication charges from Associate Enterprise outside the purview of FTS
Income Tax
Income Tax
Allotment letters should be considered as ‘agreement to sell’ for section 56(2)(x)
Income Tax
Income Tax
Order passed in violation of principles of natural justice is unsustainable
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.
