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.

SC: DVO Reference Valid After Rejection of Books of Account

Section 263 Not Invocable for Non-Initiation of Section 270A Penalty: ITAT Ahmedabad

Panaji ITAT: AO Cannot Tax Loan Merely Doubting Creditor’s Creditworthiness

1 April Notice Date Prevails Over 31 March: Rajkot ITAT Quashes ₹1.33 Cr Penny-Stock Addition

Hyderabad ITAT: 60% Section 115BBE Rate Inapplicable to AY 2017-18

BSNL VRS-2019 Compensation Exempt u/s 10(10B) as Retrenchment Pay: ITAT Nagpur

Hyderabad ITAT: Appeal Delay Impliedly Condoned When CIT(A) Decides Case on Merits

CBDT Approves Sir Ganga Ram Trust Society for Scientific Research

Panaji ITAT Quashes Section 147 Reassessment When No Addition Made on Reopened Issue

Hyderabad ITAT: ₹12.69 Lakh Demonetisation Cash Addition Deleted for Explained Bank Withdrawals

Survey Income Is Part of Book Profit for Partners’ Remuneration u/s 40(b): ITAT Panaji

Panaji ITAT Allows Section 80P(2)(d) on Interest from Co-operative Banks

Rajkot ITAT: ₹8.91 Cr Reassessment Quashed as Notice Issued to Dissolved Firm

Panaji ITAT: Partner Remuneration Cannot Be Taxed Twice – ₹2.98 Lakh Addition Deleted
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.
