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.

Section 270A Penalty Quashed as Vague Notice Failed to Specify Exact Charge: ITAT Chandigarh

Income Tax Refund Cannot Be Adjusted Against Pre-CIRP Tax Dues During IBC Moratorium: NCLT Ahmedabad

Income Tax Tax Refund Cannot Be Set Off Against Pre-CIRP Dues During Moratorium: NCLT Indore

Income Tax Claims Not Admitted in IBC Proceedings Cannot Survive: ITAT Delhi

Form 10-IEA Prevails Over Contrary ITR Tax-Regime Selection: ITAT Mumbai

Section 271D Penalty by Assessment Unit Without Jurisdiction Quashed: ITAT Delhi

SC Refuses Writ Interference Where Income Tax Appeal Remedy Was Available

Income Tax Claims Outside Approved IBC Resolution Plan Do Not Survive: Madras HC

Escaped Income Below ₹50 Lakh Invalidates Reassessment Beyond Three Years: Bombay HC

Affixture at Wrong Address Invalidates Section 148 Notice Service: ITAT Delhi

ITAT Jaipur Allows Section 115BAC Basic Exemption to Registered Society

Section 148 Reopening for AY 2012-13 Time-Barred: ITAT Jaipur

Section 143(2) Notice Mandatory After Return Filed in Income Tax Reassessment: Patna HC

Delhi HC Allows Belated Revised Return for Interest Income Taxed Twice
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.
