#income tax act
Log in to FollowThe income tax act defines Income tax and laws related to income tax. It covers income tax levy, collection, administration, and recovery. Income tax acts and income tax laws get changed/updated from time to time. Read our Latest News and Updated on the Income-tax act and Articles on the income tax act to understand the income tax act and its sections. Read our articles to understand income tax act section 10, income tax act section 24, income tax act section 54, income tax act section 80c, income tax act 44ad, income tax bare act, etc.

Delay in filing Form 9A condoned since the same was bona fide: Bombay HC

How to calculate and pay advance tax for corporates

Interest u/s. 234A leviable till date of payment of tax liability and not till date of filing of ITR

Disallowance due to delayed payment of employees’ contribution to PF and ESIC justified

Allegation of bogus purchase without verification of books not justifiable: Kerala HC

Analysis of Notifications and Circulars for Week ending 15th December 2024

Section 68 Applies Only to Current Year Credit not to earlier year(s): ITAT Kolkata

Analysis of Notifications and Circulars for Week ending 8th December 2024

Initiation of proceedings u/s. 148 based on material found during search invalid: ITAT Delhi

Addition u/s. 41(1) not justified in absence of evidence of cessation of liability: Delhi HC

TDS not deductible on interest paid on loan from group entities: ITAT Mumbai

Disallowance of sales promotion expense deleted as disallowance is very less as compared to turnover

Imposition of penalty u/s. 271(1)(c) for highly debatable issue not justified: ITAT Bangalore

