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Banking Business Allowed: ITAT Confirms Amortization and Standard Asset Provisions are Deductible

Single order with single DIN against multiple appeals on identical issue is valid: Kerala HC

Capital Gains Boost: Indexation Allowed from Letter of Intent Date by ITAT Mumbai – Reason: Acquisition of Vested Rights

Reassessment notice u/s. 148 beyond specified limit is time barred

TDS Credit Mismatch: Assessee Right vs Form 26AS

Final assessment order time barred in terms of section 144C(13) of Income Tax Act

Relief or Burden: What Every Taxpayer Should Know About New Income Tax Act, 2025

Interesting Facts About Saving Tax on Long-Term Capital Gains

Deduction u/s 54F was allowable even if borrowed funds were utilized for investment in new residential asset

ITAT Bangalore Restricts Additions in Search Assessment – Statement Alone Not Incriminating

Initiation of proceedings under GST post approval of resolution plan cannot be sustained

Error in Income Tax Return Must Be Corrected by Revised Return, Not Rectification

ITAT Raipur Quashes Assessment for Mechanical Approval u/s 153D

HUF Wealth Planning: Smart Ways to Transfer Assets
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.
