#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.

Validity of re-opening when no concealment of income and department applied higher tax rate of tax for framing re-assessment

Only simple interest on refund of TDS/Advance tax if refund is paid along with interest within the prescribed time period

Construction activity is not manufacturing u/s. 35D of the Income Tax Act, 1961

Section 14A of IT Act applicable in respect of share of profit from partnership firm

Section 132 of the Income-tax Act, 1961 – Search & seizure – Empowerment of authorities

Income tax department considering publishing the names of tax defaulters

Contractors cannot claim deduction on profits from infrastructure project

Allowability of exemption to partly charitable and partly religious trust

Government discussing suggestions of stakeholders to modify direct tax code: FM

Former Jharkhand CM Madhu Koda in Hospital, raids continued at his premises for the fourth consecutive day

Shipping income derived from international operations is outside the purview of the Indo-Swiss Tax Treaty

Notification No. 81/2009 – Income Tax Dated 27/10/2009

Loan ‘waiver’ does not fall into either of three terms subsidy / grant and reimbursement

