#income tax act 1961
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Provisions 45 of Income Tax Act applies to compensation received from allotment of proposed building

Deposit of employee’s contribution to PF after due date not allowable as deduction u/s 36(1)(va)

Justified claim of assessee cannot be denied by appellate authority by citing procedure as a tool

Surcharge leviable in case of firm if its total income exceeds INR 1 crore

Penalty u/s 271F not leviable as post search there was delay in providing seized documents

Income Tax Demand Paid by User in India But Not Tagged the Challan in Demand: A Comprehensive Guide

Uncovering the Limitations of India’s Centralized Processing System (CPC) for Taxpayers

Reassessment of Income under Income Tax Act, 1961 as Per Finance Act, 2021

AO should service notice on proper E-Mail Ids & assesses should not try to evade notices

Tax Holidays for Startups

Income Tax Grievance Redressal Mechanism – Section 276B

All You Need to Know About Tax Savings for Resident/Non-Resident Indians

Delayed payment of employee contribution to PF/ ESI beyond the ambit of adjustments u/s 143(1)

Appellate Authority needs to give reasonable opportunity to AO if additional evidence is admitted
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.
