#income tax act
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Tax paid by employer is not a perk

Post Office Deposit now Eligible for Deduction Under Section 80C

Income Tax Department to furnish information sought Under RTI within Two weeks

By its very nature, the power to rectify a mistake would not result in the recall and review of the order sought to be rectified.

Principles for reckoning of limitation period for completion of block assessment

Sec. 80C-Bank Term Deposit (Amendment) Scheme, 2007

Time limit for rectification of orders by the Income Tax Appellate Tribunal (ITAT)

There is no manufacture in a hotel – investment allowance not allowed – Allahabad High Court

Transaction relating to gift considered in regular assessment

Mere addition agreed to by assessees during course of Survey u/s 133A would not empower Assessing Officer to levy penalty : Madras HC

Tax Implications on Festive Prize Winnings

Amendment in Rules Related to Valuation of Perquisites forming part of salary income

Period of preservation of accounts or for which books are required to be maintained

Last date of filing Income Tax /Fringe Benefit Tax Return extended
Explore the latest income tax act 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.
