#income tax act 1961
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Share Premium Tax Above FMV: End of Section 56(2)(viib), Section 92(2)(m) Continues, Tax Gap Emerges

Comparison Between 1961 and 2025 Income Tax Acts with Bollywood Songs

SC Upholds Quashing of Reassessment Notices Due to Unproven PE Allegations

SC Dismisses Revenue SLP Due to Delay, Upholds Depreciation on Leased Assets

Bombay HC allowed Depreciation on Leased Assets as Business Use Requirement Satisfied

Important Changes Under Income Tax Act 2025 and 1961: Series I

Tax Treatment of Dealer Benefits Under Section 194R & Income Tax Act 2025

Reassessment Proceedings under Income Tax Act, 2025 & Rules, 2026

TDS & TCS Changes from 1st April 2026

Bombay HC Quashes Section 270A Penalty Due to Absence of Under-Reported Income

Philosophy of Income Tax Act 2025: Perspectives from Great Thinkers

Captive Power Valuation Must Include Electricity Duty for 80-IA Deduction: Calcutta HC

SC Dismisses Revenue Appeal as Assessment Based on Guesswork Without Proof

No Addition if Assessment Based on Mere Guesswork & Suspicion: Chhattisgarh HC
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.
