#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 order in absence of notice u/s. 143(2) is bad-in-law

Notional Foreign Exchange Gain from year-end revaluation of a loan on capital account was not taxable income

A clerical mistake in Form 3CD cannot lead to addition without hearing assessee

Demonetisation Cash Deposit Relief: ITAT Restricts Addition to 5% Estimated Profit

ITAT Limits S. 271(1)(b) Penalty: One Default for Repeated Information Requests

Demat Share Deal Genuine: Why ITAT Accepted LTCG Despite ‘Penny Stock’ Allegation

Penny Stock? Prove It First!” – ITAT Slams Assumptions, Accepts LTCG as 100% Genuine

Additions cannot be sustained solely on untested third-party WhatsApp data

Mere Suspicion Not Enough: ITAT quashed ₹9.37 crore addition for Cash Jewellery Sales

Once Business Profit is Estimated, No Further Tax Additions Allowed: ITAT Hyderabad

Bogus Share Capital: Reassessment Quashed for Lack of Independent Mind Application by AO

Unexplained expenditure addition based on suspicion without independent enquiry cannot be sustained

Interconnect usage and roaming charges paid to FTO are not royalty hence not taxable in India

ITAT Mumbai Allows Carry Forward of Capital Loss Despite Exempt Gains Under DTAA
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.
