#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.

Madras HC Upholds Prosecution for Wilful Tax Default Under Section 276C(2)

SC Upholds Reassessment Quash Order Due to Mere Suspicion Without ‘Reason to Believe’

Calcutta HC Quashes Reassessment Due to Mere Suspicion Without Independent Inquiry

Section 40(a)(ia) Disallowance Invalid for Mere Short Deduction of TDS: Bombay HC

Reassessment 2.0: New Tax Notice Playbook Every Tax Professional Must Decode

Finance Bill 2026 Enactment Highlights: What Has Changed?

Bombay HC Quashes Reassessment Due to Approval by Wrong Authority

SC Upholds Reassessment as Approval Stating “Fit Case” Was Held Valid

Enduring Benefit or Recurring Necessity: Tax Treatment of Advertisement Expenditure

Decoding Section 115BAE: Are Co-operative Societies Next Manufacturing Hubs?

7-Day Delay in Filing Return Cannot Defeat Carry Forward of Loss: Calcutta HC

SC Upholds Quashing of Penny Stock Reopening Because Share Details Were Already Disclosed

Reassessment Invalid as AO Had Only ‘Reason to Suspect’ and Not ‘Reason to Believe’ in Bogus LTCG Case

WhatsApp Chats Alone Cannot Justify Section 69A Addition for Jewellery Purchases: ITAT Delhi
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.
