#income tax act
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Proceedings u/s 153C invocable only when AO proves that material seized from third party belongs to assessee

Demanding tax on interest awarded under Land Acquisition Act by invoking jurisdiction u/s 263 unsustainable

Capital gain tax and What are the exemptions allowed

Denying eligible deduction u/s. 11 of Income Tax Act on technical basis is unjustifiable

Proportionate disallowance u/s 35AD justifiable as only one godown used for non-agricultural purpose

Waiver of loan not taxable u/s. 28(i) as it is not a business income

Section 10AA of Income Tax Act not prescribed any time limit for export realization

CIT(A) directed to consider additional evidence as non-submission was due to serious ailment

Understanding Taxation & Auditor’s Responsibilities on Managerial Remuneration

Income Tax Incentives: Making Your Money Work Harder

TDS u/s 194C of Income Tax Act deductible on payment of Common Area Maintenance Charges

Analysis of Section 269SS of Income Tax Act, 1961

Payment to Micro & Small Enterprise and its Tax Impact under section 43B

TDS applicability on purchase of goods under section 194Q
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.
