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.

Delhi HC Upholds Section 143(2) Notice Without Disclosure of Scrutiny Reasons

ITAT Invalidates Assessment as Section 143(2) Notice Was Not Issued in CBDT Format

Delhi ITAT Deletes Section 68 Addition on Penny Stock Losses; Suspicion Cannot Replace Evidence

Allotment Letter Constitutes Agreement for Section 56(2)(x): Delhi ITAT

Delhi ITAT Deletes Section 68 Addition as Loan Was Paid Directly to Government

CESTAT Allows CENVAT Credit on Capital Goods Used in Works Contract Installation

Delhi ITAT Invalidates Reassessment Beyond 3 Years as Escaped Income Was Below ₹50 Lakh

Section 158BD Additions Cannot Rest on Assumptions Without Search Evidence: SC

Section 158BD Additions Cannot Rest on Assumptions Without Search Evidence: Allahabad HC

12AB & 80G Registration Cannot Be Denied Before Project Implementation: Delhi ITAT

Delhi HC Allows TDS Credit Despite Incorrect Form 26QB Filing by Buyers

HC Dismisses Revenue Appeal Against Deletion of Protective Section 69 Addition

CIT(E) Cannot Deny 12AB Registration by Examining Expenditure: Delhi ITAT

Bombay HC Dismisses Revenue Appeal on Article 8 DTAA Shipping Income Relief
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.
