#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.

Section 54F exemption cannot be availed if there is a house in existence on the date of transfer

AAR on tax liability of a partnership firm to be formed in Canada by a Canadian company for executing its PSCs in India

When a resident can be treated as an agent of a non-resident u/s 163 of IT Act, 1961

Notice u/s 143(2) served after the expiry of limitation of time not valid

Govt. May Exempt SEZ export profits under section 10AA

Expenses reimbursed cannot be excluded from the amount defined in section 44BB(2)

New TDS and TCS payment and information reporting system

Interest Free Loan from a non-relative is not liable to tax

Limitation of time is not a determining factor in matters relating to remission or cessation of liabilities

Income tax forms in excel, word & PDF format

Income-tax Act is a “National Disgrace” – Justice Dalveer Bhandari, Supreme Court

Govt may exempt partnership firms & companies from stamp duty

ITAT notification on result of appeal

