#Section 250
Log in to FollowLatest Section 250 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Reassessment Quashed for Invalid Sanction u/s 151: Approval by PCIT Instead of PCCIT Held Void

Turnover Suppression Found, But Only Profit Element Taxable: ITAT Patna

No Adverse Inference Allowed Without Rejecting Books or Stock Records

Section 143(3) Order Invalid as Assessment Had Abated on Search Date

Section 270A Penalty Deleted for Suo Motu Withdrawal of Education Cess Claim

Section 43B Relief Granted Because Evidence of Gratuity Payment Was Ignored

Minor Valuation Difference Cannot Justify Capital Gains Addition: ITAT Surat

Section 68 Addition Set Aside as Onus of Proof Was Discharged

Bogus Purchase Finding Unsustainable Without Proper Evidence Review

Section 270A Penalty Invalid for Not Specifying Applicable Limb

Bogus Share Deals: Section 68 Addition Limited to 2% Commission

Section 115BBE Inapplicable After Cash Credit Deletion

Section 271(1)(c) Penalty Invalid for Non-Specification of Charge: ITAT Agra

Assessment Held Void for Skipping Statutory Notice Under Section 143(2): ITAT Agra
Explore the latest Section 250 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.
