Income Tax
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Section 12AB Gets a Condonation Route—What About Delayed 80G Applications?

Section 270A Penalty Cannot Survive After Quantum Addition Is Deleted: ITAT Mumbai

Punjab & Haryana HC Quashes AY 2015-16 Reassessment Notices Issued After 1 April 2021

Ad Hoc Tenure Filter Cannot Determine Arm’s Length NCD Interest: ITAT Mumbai

Equal-Value Land Exchange Does Not Trigger Section 43CA Addition: ITAT Chennai

ITAT Delhi Directs 12AB & 80G Approval for Overseas Scholarships Paid in India

Supreme Court Dismisses Revenue SLP Against 6% Bogus Purchase Addition

Intermingled Excess Stock Retains Character of Business Income: ITAT Mumbai

Section 69A Cannot Apply to Cash Already Recorded in Books: ITAT Jodhpur

Assessee Consenting to Income-Tax Case Transfer Cannot Later Challenge It: Telangana HC

Madras HC Quashes AY 2015-16 Reassessment Notice Issued After 1 April 2021

Assessment Without Section 143(2) Notice After Revised Return Invalid: ITAT Mumbai

Section 13(1)(b) Cannot Justify 12AB Rejection Without Actual Violation: ITAT Jodhpur

Rejected Transitional Form 10A Cannot Cancel Existing 12AA Registration: ITAT Chennai
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.
