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

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

Amendment in E-Furnishing of Return of Income Scheme, 2007

No addition can be made on the basis of mere statement recorded during survey

HUF can’t claim deduction u/s. 54F for property purchased by Individual in his individual capacity

Depreciation on discarded machinery allowable, if used for business purposes in earlier years

Taxability of Pick-Up and drop facility provided by employers?

What is to be assessed as income from lottery is only the actual income received and not any notional income

Stock Exchange card is not an intangible asset eligible for depreciation U/s. 32 (1) of the Income Tax Act 1961

Allowability of expenses towards penalty and damages in compensatory nature
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.
