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.
₹3.49 Cr Cash Seizure Backed by Cash Book & Debtor Realisations: ITAT Deletes Sec 69A Addition
Final assessment order u/s. 143(3) beyond time prescribed u/s. 153 is time barred
DRP cannot approve conclusion of TPO without giving independent findings: Delhi HC
Quashes draft order & DRP’s directions as both erred in holding assessee eligible: Karnataka HC
How are gains taxed when you buy Unlisted Shares and Sell after Listing?
Appeals Restored After Dismissal for Non-Condonation of Delay
Belated 80G Application Revived: ITAT Applies Finance Act, 2024 Amendment and Sets Aside Rejection
Section 40(a)(ia) Addition Set Aside Due to Unverified Threshold Applicability
Tax Planning for FY 2025–26: Rebate & LTCG under Section 112A (Old Regime)
ITAT Bangalore Accepts assessee’s plea to exclude comparables failing turnover filter
Receipt for offshore supply of equipment, plants by foreign company not taxable in India: ITAT Delhi
Notice Under Section 148 Invalid Due to Faceless Mandate Violation
ITAT Mumbai Quashed Reassessment Due to Invalid Notice Under Extended Limitation
Bogus Purchase Addition Limited to Profit Element Only: 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.
