#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.

Taxability of Sale Proceed of Assets Purchased before introduction of block concept and sale thereafter

Losses could not be ignored in determining the applicability of exception clause of Explanation to section 73

Government will soon empowered to incorporate in the Companies Act any changes in accounting standards

Section 117(1) and (2) of the Income-tax Act, 1961 – Appointment of income-tax authorities – Notified officer

Announcement for Students appearing for the Professional Competence Examination (PCE) for November, 2009

Gifts of property (gifts-in-kind) above value of rs.50,000 become taxable from 1st October 2009

Section 120(1) and (2) of the Income-tax Act, 1961 – Jurisdiction of income-tax authorities

High Court has no power to condone delay in filing the appeal

Will Government extended due date for filing Income Tax Return?

Loan waived by lender is not taxable in the hand of borrower

Sec. 143,rws 234A to 234C, of the IT Act and articles 12 and 7 of DTAA between India and USA

TDS on payment made for purchase of software from non-residents

ICAI requested for extension of due date for filing of return of Income

