Income Tax
Log in to FollowLatest Income Tax news, articles, notifications, circulars and case laws covering ITR, assessments, deductions, TDS, capital gains, tax audit, appeals and compliance.
Gujarat HC Cuts House & FDR Additions, Denies Telescoping of Unexplained Cash
Sections 11 & 12 Exemption for AUDA Despite Section 2(15) Proviso Upheld: Gujarat HC
Section 148 Reassessment Invalid Where Section 153A Applied to Section 132A Requisition: ITAT Visakhapatnam
Delhi HC Allows Set-Off of Section 10B Unit Loss Against Other Units’ Profits
AP HC Allows Form 10B Filing, Condoning Delay Under Section 119(2)(b) of Income Tax Act
Executor Is Legal Representative; Delay in Refund Return Must Be Condoned: MP HC
CCDs Remain Debt Until Conversion; ₹7.78 Crore TP Adjustment Remanded by Mumbai ITAT
ITAT Nagpur Allows Section 87A Rebate on STCG under Section 111A
129-Day Delay Condoned: Nagpur ITAT Restores Appeal for Decision on Merits
ITAT Nagpur Remands Reassessment Dispute to CIT(A) for Adjudication
ITAT Delhi Restricts Corporate Guarantee ALP to 0.5%
Gujarat HC Quashes Reopening Based on Mere Suspicion Without Material Evidence
ITAT Delhi Quashes Section 153C Assessments Due to Mechanical Section 153D Approval
ITAT Bangalore Quashes ₹23.36 Crore TP Adjustment as Time-Barred under Section 153
Income Tax is TaxGuru’s extensive resource for developments under India’s direct tax laws. This category covers Income-tax provisions, rules, notifications, circulars, instructions, judicial decisions and practical compliance issues. Readers can explore articles and case laws on income-tax returns, assessments, reassessment, deductions, exemptions, capital gains, business income, TDS and TCS, tax audit, penalties, appeals, international taxation and other direct tax matters. The category also covers important CBDT announcements, tax deadlines, return filing developments and changes affecting individuals, businesses and other taxpayers. Chartered Accountants, advocates, tax professionals, companies and taxpayers can use this section to follow legislative, administrative and judicial developments and research important Income Tax issues and precedents.
