#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.

Deduction U/s 80P(2)(d) Allowed on Interest from Co-operative Bank – ITAT Mumbai

Search Case – Commission Income Reduced, 69C Deleted & Cash Addition Shifted to Correct Year

Form 10B Delay Cannot Defeat Charitable Exemption When Report Filed Before Processing

Technical Dismissal by CIT(A) Set Aside – Appeal to Be Decided on Merits, Not Procedural Lapses

Bogus Purchases – Only Profit Element Taxable @12.5% Where Sales Accepted

Section 115BAA Benefit Cannot Be Denied for Procedural Lapse – Form 10IC Filed Later Valid, Matter Restored

ITAT Raipur Quashed ₹17 Crore Addition as AO Misread Facts on Bad Debt Deduction

ITAT Mumbai Orders Allocation of Head-Office Costs to Eligible Units to Compute 10B/80-IB Deductions

ITAT Delhi Sets Aside Assessment as Faceless Jurisdiction Was Assumed Prematurely

Section 80C Deduction & HRA Exemption Rejected as Assessee Failed to Produce Evidence

Section 56(2)(x) Addition Set Aside as AO Failed to Refer Property Valuation to DVO: ITAT Mumbai

Section 10(23C)(iiiad) Exemption Allowed as Corpus Donations Not Part of Annual Receipts

Charitable Trust Allowed to Set-off Earlier Years’ Excess Application Against Current Income; Form 9A Not Required

CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Deciding on Merits: ITAT Raipur
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.
