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 Mumbai Deletes Unexplained Investment Additions for Shops Purchased by Others
ITAT Chennai Quashes Section 153C Notices as Seized Material Received After 1st April 2021
MP HC Upholds ITAT Order Annuling Assessment and Deleting ₹2.88 Crore Addition
ITAT Delhi Quashes Assessment as Section 153C, Not Section 143(3), Was Applicable
ITAT Chandigarh Deletes ₹13 Crore Addition & Section 271D Penalty for Lack of Evidence
Karnataka HC Quashes Settlement Commission Order Passed Beyond Statutory Time Limit
Kerala HC: Medical PG Stipend vs Salary Dispute Requires Appeal for Section 10(16) Exemption
Madras HC Permits Advocate Appointment to Examine Income Tax Records in Liquidation
TAT Mumbai: DBS Bank’s Guarantee Commission TP Adjustment Cut to 0.46%
ITAT Mumbai: DLP Expense Remanded; Bad Debt & PF/ESI Deductions Allowed
Non-Service of Assessment Order No Ground to Bypass Statutory Appeal: Kerala HC
Capital Gains Tax Applies Even When Property Sale Proceeds Settle Mortgage Debt: Kerala HC
ITAT Raipur: No Change in Facts, School Surplus Cannot Be Separately Assessed
ITAT Rajkot Remanded Section 68 Addition to Verify Duplicate PAN Transactions
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.
