#income tax act 1961
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Benefit of TOLA 2020 not available to first proviso to Section 149(1)(b) of Income Tax Act

Huawei India is permanent establishment of Huawei China in India

Provision of warranty allowable as agreement has in-built warranty clause

When you can file ITR for AY 2023-24

Notice issued without stating basis for assumption of jurisdiction u/s 147 and 148 is unsustainable

Deeming provisions u/s 69 r/w section 115BBE doesn’t apply to income surrendered as account receivable

Voluntary payment by employer out of appreciation is outside rigours of section 17(3)(iii)

Amount directed to be deposited in PM National Relief Fund for non-appearance before AO & CIT(A)

Order set aside as was based on lone basis that case is not covered under instruction no. 1914 dated 02.12.1993

Exemptions under Chapter VIA of Income Tax Act 1961

TDS u/s 194J not deductible on payment to contract teachers

Penalty order u/s 271(1)(c) issued without striking off irrelevant limb is liable to be deleted

Rectification u/s 154 of non-inclusion of surrendered income in book profits u/s 115JB not amenable

Section 292BB doesn’t cure complete absence of notice it cures only manner of service of notice
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.
