#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.

Delay Condoned for FTC Claim: Pursuing Rectification is Valid Cause

11-Year Delay Not Condoned: Mere Rectification Plea No Excuse

FTC Cannot Be Denied for Late Form 67: Substantive Right Prevails

Agricultural Land Capital Gain Addition Deleted in absence of development or trading intent

Reassessment Fails When Original Reason Disappears – ITAT Chennai Quashes Entire Proceedings

Allotment Letter = Agreement-ITAT Grants 56(2)(x) Relief, Limits Addition to 50% Share

Section 50C Applies to Leasehold Rights; But Stamp Value to Follow Agreement Date-ITAT Grants Major Relief

No Shares, No Dividend-ITAT Holds Mandatory Transfer to Govt Not Liable for DDT

Technical Dismissal Upheld but ITAT Orders Fresh Review After 26AS Correction

Updated Return During Scrutiny Invalid; ITAT Grants Relief Only for Limited Verification

Section 148 Notice Invalid When Issued After Limitation Deadline: ITAT Mumbai

Reassessment Notice Quashed Due to Extinguishment of Tax Liabilities Under Approved Resolution Plan

ITAT Upholds Addition as Cash Hoarding Explanation Failed Human Probability Test

No Capital Gains Tax on Sale of Agricultural Land Beyond Municipal Limits: ITAT Ahmedabad
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.
