#income tax act 1961
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Income Tax
Income Tax
Reopening unsustainable as post assessment there was no change in law and no new material came on record
Income Tax
Income Tax
Asset cannot be said to be held as stock-in-trade in absence of evidence proving the same
Income Tax
Income Tax
Exemption u/s 54F available towards purchase of residential property one year before the sale of capital asset
Income Tax
Income Tax
Interest, being part of compensation for compulsory acquisition of agricultural land, is exempt u/s 10(37)
Income Tax
Income Tax
Writ not entertained as petitioner failed to use opportunity granted by department
Income Tax
Income Tax
Reopening of assessment on the basis of change of opinion is untenable
Income Tax
Income Tax
Interest paid by Indian Branch to Head office is not taxable in India in terms of India-France DTAA
Income Tax
Income Tax
Initiation of reassessment in spite of full & true disclosure is untenable
Income Tax
Income Tax
Applying rule 8D without considering correctness of claim of expenditure incurred in relation to exempt income is untenable
Income Tax
Income Tax
Shortage towards principal is allowable as bad debt In lending business
Income Tax
Income Tax
Proceedings u/s 179 against director unsustainable as all steps for recovering tax dues from company not complied
Income Tax
Income Tax
Decoding the audit of Charitable trusts or institutions
Income Tax
Income Tax
Digging Deeper into Section 9 on Income Deemed to Arise or Accrue in India under the Income Tax Act, 1961
Income Tax
Income Tax
Section 43B concerning MSMEs, its possible effect & suggestions
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.
