#income tax act
Log in to FollowLatest income tax act updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Depreciation u/s. 32 allowable on goodwill acquired under slump sale: ITAT Mumbai

Analysis of Clause(h) of Section 43B of Income Tax Act

Leave Travel Allowance (LTA) under Section 10(5) of Income Tax Act, 1961

Tax Planning Through Gift

All about deduction under Section 80GG of Income Tax Act, 1961

High Court Quashes Assessment Order on Amalgamation Grounds

ITAT quashes CIT’s order speculating understatement in closing stock without specific findings

Section 271(1)(c) Penalty not imposable on Estimated Bogus Purchase Addition

Pending assessments abate as per Section 153A when a search takes place: ITAT Delhi

Provision of Section 43B(h) not applicable to Wholesale and Retail Trade

ITAT uphold section 68 addition for Non-Responsiveness & Failure to Produce Evidence

Time Limit for Section 271D Penalty Starts at AO Initiation, Not JCIT Notice Date: ITAT Delhi

Bombay HC Quashes Section 148 Notice for Sanction under wrong section

No Provision to Extend 30 Day Limit for Objecting to Draft Income Tax Assessment Order
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.
