#income tax act 1961
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Updated Return – Section 139(8A) – An Analysis

Taxation of Expatriates in India

Tax Benefits under section 35AC of Income Tax Act 1961

Capital loss on sale of STT paid shares/mutual fund cannot be set off against LTCG on sale of land

Assessee can raise additional claims before appellate authority

Electronic filing of Form 10F – Impact analysis

Is Class Legislation possible in Taxation?

Everything About SFT (Statement of Financial Transactions)

Reassessment only on account of ‘change of opinion’ is liable to be struck down

Re-opening of assessment unjustified as complete disclosure of primary material facts already submitted

Advance Ruling to be part of “faceless scheme” vide notification No. 07/2022 dated 18.01.2022

Lack of supplying supporting documents for ‘reason to believe’ is a flagrant violation of principles of natural justice

Progressive Taxation: A Look at Modern Income Tax Systems

Section 194-IA of Income Tax Act, 1961-TDS on Sale of Immovable Property
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.
