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#income tax act

The 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.

1,429 articles
Income TaxNo addition can be made on the basis of mere statement recorded during survey
Income Tax

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

TG Team17 years ago
Income TaxHUF can’t claim deduction u/s. 54F for property purchased by Individual in his individual capacity
Income Tax

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

TG Team17 years ago
Income TaxDepreciation on discarded machinery allowable, if used for business purposes in earlier years
Income Tax

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

TG Team17 years ago
Income TaxTaxability of Pick-Up and drop facility provided by employers?
Income Tax

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

TG Team17 years ago
Income TaxWhat is to be assessed as income from lottery is only the actual income received and not any notional income
Income Tax

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

TG Team17 years ago
Income TaxStock Exchange card is not an intangible asset eligible for depreciation U/s. 32 (1) of the Income Tax Act 1961
Income Tax

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

TG Team17 years ago
Income TaxAllowability of expenses towards penalty and damages in compensatory nature
Income Tax

Allowability of expenses towards penalty and damages in compensatory nature

TG Team17 years ago
Income TaxRevision under section 263 of IT Act, 1961 is not reassessment
Income Tax

Revision under section 263 of IT Act, 1961 is not reassessment

TG Team17 years ago
Income TaxCost Inflation Index for FY 2009-10/ AY 2010-11
Income Tax

Cost Inflation Index for FY 2009-10/ AY 2010-11

TG Team17 years ago
Corporate LawLLP act provides lot of benefit to foreign investors
Corporate Law

LLP act provides lot of benefit to foreign investors

TG Team17 years ago
Income TaxDepreciation on goodwill is allowable under the Income Tax Act, 1961
Income Tax

Depreciation on goodwill is allowable under the Income Tax Act, 1961

TG Team17 years ago
Income TaxTreatment of profit on sale of shares when Assessee hold shares for more than 12 months
Income Tax

Treatment of profit on sale of shares when Assessee hold shares for more than 12 months

TG Team17 years ago
Income TaxCBDT delivered a headblow to the Assessee Engaged in Propelling Growth of the Nation
Income Tax

CBDT delivered a headblow to the Assessee Engaged in Propelling Growth of the Nation

CA Lalit Munoyat17 years ago
Income TaxSet-off of short-term capital losses, subject to STT, allowable against short-term capital gains not subject to STT
Income Tax

Set-off of short-term capital losses, subject to STT, allowable against short-term capital gains not subject to STT

TG Team17 years ago