#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.

Tax Slab Benefit Allowed Because Trust Not Liable for Maximum Marginal Rate

Section 56(2)(vii)(b) Addition Overturned for Earlier Property Booking

Penalty Deleted as 14A Addition Removed: Tribunal Finds No Basis for 270A Levy

Search-Based Penalties Collapsed: Additions Were Only Disallowances, Not Undisclosed Income

No Proof of Mala Fide Conduct – Appeal Referred Back to CIT(A)

Penalty Cannot Survive on Estimated Bogus Purchase Addition: ITAT Deletes 271(1)(c)

ITAT Pulls Back ₹30.76 Crore Bullion Addition Over Supplier Verification Lapses

Section 11 Exemption Cannot Be Denied for Late Form 10B – Delay Held Procedural

Surmises, Patterns Kolkata Report Cannot Override Evidence – Penny Stock Addition u/s 68 Scrapped

Form No. 26AS Not Equal to Turnover: Penalty u/s 271B Deleted for ₹1.11 Cr

Section 144 Assessment Partly Modified: 8% Reduced to 6% NP on ₹1.99 Cr

Delayed Form 10B Filing Not Fatal: ITAT Remands Exemption Case

No addition for Demonitization Cash deposit when books not rejected: ITAT Pune

Agricultural Income Claim Needs Fresh Look: ITAT Pune Restores Cash Deposit Case to AO
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.
