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.
Gujarat HC Restored Income Tax Appeal Despite Pending Settlement Proceedings
Borrowed Satisfaction & No Tangible Material: SC Upholds Quashing of Reassessment
Gujarat HC Quashed Reassessment for Non-Application of Mind in Reopening Notices
ITAT Delhi Quashed Double Additions on Recorded Expenses & Sales Figures
Interest from Employee Loans Taxable as Business Income: Gujarat HC
Interest-Free Advances Not Taxable When No Borrowed Funds Used: ITAT Mumbai
Reassessment Invalid Due to Proceedings Against Dead Assessee: Calcutta HC
ITAT Jaipur Granted Taxpayer One More Chance to Disown PAN-Linked Bank Account
Change in Head of Loss Not Under-Reporting: ITAT Deletes ₹15.19 Cr Penalty u/s 270A
Computer Accessories is Revenue Expense Because of Recurring Nature: ITAT Mumbai
Delhi HC Barred Income Tax Recovery After Payment of 20% of Disputed Demand
Repeated Non-Appearance Not Fatal Where Justice Demands Reconsideration: ITAT Mumbai
ITAT Mumbai Deleted Notional Interest as No Real Income Accrued on Advances to Subsidiary
Section 68 Loan Addition Deleted: No Incriminating Material Found During Search
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.
