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.
Assessment Quashed as ACIT Lacked Pecuniary Jurisdiction: ITAT Kolkata
Section 148A(3) Appeal Dismissed as Not Appealable Under Section 253: ITAT Jaipur
Section 69 Addition Deleted for Lack of Cross-Examination & Corroborative Evidence: ITAT Delhi
Section 68 Addition Deleted as Advance Recovery Explained by Evidence: ITAT Delhi
Section 54 Exemption Remanded; DVO Valuation Reconsideration Directed After Objections: ITAT Jabalpur
Section 271G Penalty Deleted as Substantial TP Compliance & Reasonable Cause Established: ITAT Mumbai
Bogus Purchase Addition Deleted as Genuine Purchases Proved: ITAT Delhi
Section 56(2)(viib) Addition Deleted as DCF Valuation Rejection Unsustainable: ITAT Delhi
Transfer Pricing ALP Adjustment Remanded for Fresh FAR Analysis of Comparables: ITAT Delhi
Section 270A Penalty Deletion Upheld as SCN Was Vague: ITAT Kolkata
Section 11 Exemption Restored as Section 13 Violation Not Established: Telangana HC
ITAT Mumbai Restores Section 12AB Registration of Pre-1961 Trust
Section 54EC Exemption Allowed on Development Rights Consideration: ITAT Mumbai
Sold Your Flat? How to Legally Save Capital Gains Tax by Reinvesting
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.
