#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.

Higher tax rate of 60% u/s. 115BBE doesn’t apply to transactions prior to 01.04.2017: ITAT Chennai

Sufficient cause shown for not attending hearing before CIT(A): Matter restored back to CIT(A)

No addition as LTCG arose from valid demerger-allotted shares transaction proving genuineness of documentary evidence

Addition u/s. 69A not sustained without proper inquiry of actual beneficiary of cash deposits: Matter restored

ITAT Bangalore deletes Section 271D penalty as AO failed to record satisfaction

ITAT Mumbai Allows Withdrawal of Duplicate Appeal

Investment by Husband Can’t Be Taxed in Wife’s Hands – Addition for Joint Property Deleted

Reimbursement of CAM Charges from Tenant Not Taxable as Rental Income

Reopening of Assessment for AY 2015-16 Quashed by ITAT Kolkata

NFAC Cannot Dismiss Appeal Without Deciding Merits – ITAT Sets Aside Ex-Parte Order

ITAT Ahmedabad Allows 80JJAA Section Deduction Despite Delayed Form 10DA

Issue of notice u/s 143(2) was mandatory even if return of income was filed beyond time limit provided u/s 142(1)

Deduction u/s. 80P available to co-operative society on interest from credit facilities extended to nominal members

Reassessment notice issued by non-jurisdictional AO is bad-in-law
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.
