#income tax act 1961
Log in to FollowLatest income tax act 1961 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Section 115BAC Concessional Tax Slab Rates W.E.F. AY 2021-22

TOP 10 High value cash transaction that may lead to income tax notice

KNOW – Interest, Late Fees & Penalty under TDS PROVISION

Date of Sale for of Claiming Exemption under Section 54

Registration of Trust under Income Tax – Analysis of New Provisions

Premature encashment of FD’s and impact on Income Tax

Analysis: Rejection of book of accounts with grounds & bases of addition
![Income by way of interest on compensation or on enhanced compensation referred to in Section 145B(1) [Section 56(2)(viii)]](https://taxguru.in/wp-content/uploads/2026/07/Income-Tax-1.jpg)
Income by way of interest on compensation or on enhanced compensation referred to in Section 145B(1) [Section 56(2)(viii)]

Relief to Poor as Charitable Purpose

Pay Tax in UK & claim refund in India..!! not so easy

Deduction of home loan – Principal Interest

Alternative Tax Regime for Individuals/HUFs under Section 115BAC

Challan Cum Returns Under TDS

Residential Status of an Individual – Under Income Tax Act, 1961
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.
