#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 as AO Relied Only on Existing Records for Loan Waiver Addition

BSNL VRS Compensation Exempt as Retrenchment Compensation: ITAT Pune

ITAT Mumbai Allows Gift Card Discount Claim as Liability Crystallised at Time of Sale

Goetze (India) Ltd. Does Not Restrict Appellate Authorities From Entertaining New Claims: ITAT Chennai

Wrong ITR Figures Alone Can’t Trigger Section 68 Addition: ITAT Delhi

Delhi ITAT Quashes Penalty as WhatsApp Chats & Hawala Tokens Failed Section 65B Evidence Test

ITAT Mumbai Allows Section 54 Deduction as Allotment Letter & Payment Were Sufficient

Section 271D Penalty Cannot Survive After Reassessment Itself is Quashed: Mumbai ITAT

Unsigned Affidavit Can’t End Appeal: ITAT Directs CIT(A) to Allow Defect Correction

Death of Assessee & Missing Records: Mumbai ITAT Limits Bogus Purchase Addition to 8% Profit Element

Trade Creditors Are NOT Cash Credits- Mumbai ITAT Deletes ₹16.44 Crore Addition U/s 68

No Penalty on Routine Disallowances in 153C Cases Without Incriminating Material: Mumbai ITAT

7-Day Opportunity Not a Valid Hearing, Restores Section 69C Credit Card Addition: Mumbai ITAT

Section 68 Not Applicable to Repayment of Loans Given in Earlier Year: ITAT Delhi
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.
