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.

ITAT Panaji Quashes Reopening Based on Survey Admission Without Tangible Material

ITAT Mumbai Quashes Reopening Over Incorrect Penny Stock Information Under Section 147

Delhi HC Upholds ₹19.25 Lakh Addition as Sale Deed Cancellation Suit Was an Afterthought

ITAT Agra Deletes Demonetization Cash Addition After Accepting Past Withdrawals

Karnataka HC Bars Section 69B Jewellery Addition in AY 2011-12 for Search in AY 2012-13

ITAT Chandigarh Upholds Section 12AB Rejection for Paid Student Transport Services

ITAT Pune Allows Section 80P(2)(d) Deduction on Bank Interest Due to Co-op Bank Investments

Income Tax Appeal Lies Where Assessment AO Is Located Not Where Assessee Lives: Karnataka HC

ITAT Remands ₹2.21 Crore Section 68 Addition on Cable TV Demonetisation Cash Deposits

ITAT Amritsar Lowers Profit Estimate from 1% to 0.55% on Liquor Sales

ITAT Mumbai Quashes Reassessment and Deletes FCTR Addition for Bank of Baroda

ITAT Hyderabad Quashes Reassessment Where PCIT Approved Notice Beyond Three Years

ITAT Hyderabad Allows New Tax Regime Benefit Despite Belated Form 10-IE Filing

Madras HC Sets Aside ₹2.04 Crore 26AS Assessment as Expenses Were Overlooked
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.
