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.
Ancillary Software Services Not Taxable as FTS or Royalty: Karnataka HC
Search Additions Cannot Rest on Statements Alone; Corroborative Evidence Essential: Karnataka HC
Assessment Order Valid Despite Initial Absence of DIN if Subsequently Communicated: Karnataka HC
Section 271DA Penalty Time Limit Runs from JCIT Notice, Not AO Reference: Karnataka HC
Section 69A Addition Reduced from ₹2.26 Crore to ₹5 Lakh as Cash Deposits Explained: ITAT Delhi
CIT(A) Can’t Reject Time-Barred Appeal Without Hearing on Condonation: ITAT Delhi
Section 148 Notice Quashed as Escaped Income Below Section 149(1)(b) Threshold: Calcutta HC
No Section 68 Addition Merely Due to Changed Trading Pattern in Demonetisation: ITAT Lucknow
Section 148A Order Quashed for Ignoring Assessee’s Reply: Calcutta HC
Section 69A Addition Deleted as Cash Withdrawals Explained Demonetisation Deposits: ITAT Mumbai
Mere HC Appeal Can’t Justify Denial of Section 12AB Renewal: ITAT Mumbai
Allotment Letter Not Agreement for Sale Under Section 56(2)(x): ITAT Mumbai
Section 143(1)(a) Disallowance Set Aside on Debatable PF/ESI Issue: Chhattisgarh HC
Section 148 Notice Quashed as AO Cannot Review Own Assessment: Telangana HC
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.
