#income tax act 1961
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LLPs clarification required on capital gain & stamp duty on coversion

AAR on taxability of payments made by applicant to a British company for rendering telecom services in India

Profit on transfer of Indira Vikas Patras before maturity is capital gain and tax is chargeable

Period for which books of account need to be kept under different Laws

Term Loan waiver availed by the assessee is not assessable income

Valuation of residential accommodation provided by PSU to its employees

Salary paid in cash to employees posted at Rigs for more then 15 days can not be disallowed

Union Budget 2009- Amendments proposed in respect of charitable Trusts

Amendments made in union budget 2009 in section 80IB (10) related to Housing Projects

Notification No. 56/2009 – Income Tax Dated 9/7/2009

Notification No. 57/2009 – Income Tax Dated 9/7/2009

Government merged the Authority for Advance Rulings (AAR) for direct and indirect taxes

TRO may enquire in respect of benami property for recovering the outstanding demand of the assessee

Section 118 of the Income-tax Act, 1961 – Control of income-tax authorities – Notified subordinate officers
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.
