#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.

Brokerage paid on renting of property not allowable u/s. 23 and 24 of the Income Tax Act

Brokers claimed depreciation on BSE card value; Department moved High court

Incomes which are tax-free under the Income Tax Act, 1961 (Simple Guide)

Even Best Judgment assessment cannot be made without giving opportunity of being heard has to be given to assessee

LLPs clarification required on capital gain & stamp duty on coversion

AAR on taxability of payments made by applicant to a British company for rendering telecom services in India

Profit on transfer of Indira Vikas Patras before maturity is capital gain and tax is chargeable

Period for which books of account need to be kept under different Laws

Reassessment on ground of allowance of excess deduction on incentives of DEPB U/s. 80HHC

Reassessment U/s. 148 cannot be declared invalid, if any reasons taken by AO sustainable

Term Loan waiver availed by the assessee is not assessable income

Valuation of residential accommodation provided by PSU to its employees

If partner used club membership taken in his own name for business purpose then Club subscription paid by firm is allowable

