#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.

Nature of Loss Suffered By a Share Broking Company in Trading Of Shares

Assessing officer not having reason to believe that the seized cash represented the undisclosed income and rejection of application for release of the same

No Tax Relief Likely For Market-To-Market Loss

Interest earned on margin money kept for providing bank guarantee is not exempt

Department Issuing Notice to Charitable Trust If They Collecting Any Fess, Cess Or Other Consideration For Services Rendered

Unutilized Modvat Credit Cannot Be Added To Income, If Assessee Follow the Procedure Mentioned In Clause 12(B) of Form 3CD of The Tax Audit Report

Tax Dept Bound to Accept Cos’ Audited Accounts- SC

PPF Act need to be amended to increase Investment Limit to Rs. 100000/-

Cost Inflation Index for FY 2008-09 / AY 2009-2010

Exemption from the TDS provisions under Section 197 for specified Companies

Scholarship/ stipend received by a student for pursuing higher studies cannot be treated as salary

The CBDT has notified new Return Forms for A.Y. 2008-09

Employer’s Obligation-TDS-Previous Employment’s payments

SC ruling on I-T deductions on interest paid on loan
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.
