#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.

Section 68 Addition Deleted in Search Case – No Incriminating Material Dumb Documents Rejected

Reassessment Quashed – Invalid Sanction by PCIT Instead of PCCIT Beyond 3 Years

Penalty Cannot Survive Without Quantum Addition – ITAT Upholds Deletion u/s 271(1)(c)

Additional Evidence Admitted Post Death – ₹7.79 Cr Addition Restored for Fresh Verification

Credit Card Payments Explained – Addition u/s 69C Deleted in Absence of Unexplained Source

Penalty U/s 271(1)(c) Deleted – Defective Notice Without Specifying Charge Vitiates Proceedings

Audit Alone Not Enough for Section 11 Claim – ITAT Restores Matter for Evidence Verification

CM-Based Addition Deleted – No Evidence Beyond Investigation Wing Information

Reassessment Time-Barred Despite TOLA SC Relaxation – Notice Held Void

Section 56(2)(viib) Not Applicable to Old Share Application Money – Addition Deleted

Demonetised Cash from Members Not Unexplained: ITAT Upholds Deletion under Section 68

Ad-hoc Estimation of Agricultural Income Rejected: ITAT Deletes Section 69A Addition

ITAT Bangalore: Power Generation Incentive Eligible for 80-IA Deduction-Direct Nexus with Business Established

ITAT Bangalore: GST Refund Not Taxable Under Exclusive Method; Double Addition U/s 143(1) Struck Down
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.
