#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.

Depreciation on Amalgamation Goodwill Allowed Under Settled Law

Opening Balances and Proven Loans Cannot Be Taxed on Suspicion: ITAT Mumbai

DEPB Not Excludable from Gross Profit for Business Income; ITAT Deletes Addition

Reassessment Quashed for Lack of Assessee-Specific Evidence in Penny Stock Case

ITAT Mumbai Sustained Section 271(1)(c) Penalty for Unsubstantiated Expense Claims

Unsecured Loan Addition Deleted as No Incriminating Material Found during Search

Section 68 Demonetisation Deposit Addition Deleted Due to Genuine Cash Sales Evidence

Section 14A Interest Disallowance Deleted Due to Availability of Interest-Free Funds

Assessment Framed on Deceased Assessee Is Void Ab Initio

Unexplained Jewellery Addition Scaled Down on Human Probability

Section 143(1) Adjustment Cannot Deny 115BAB Concessional Rate

No Section 68 Addition When Capital Introduction Pertains to Another Year

Section 40A(3) Disallowance Set Aside in Invalid Reassessment

Section 40 Disallowance Fails for Overseas Commission Payments
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.
