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.

Telangana HC Quashed Reassessment Notices for Not Following Faceless Procedure

ITAT Chennai Declares Reassessment Notice Invalid for Violating Faceless Scheme

Section 148 notice quashed for not following mandatory faceless procedure

Madras HC Quashes Section 148/148A Notices Issued by Jurisdictional Officer

Unproved Purchases Require Full Disallowance Under Section 69C: Bombay HC

Section 148 Notice Valid Despite Non-Faceless Issuance in Search Case: Gujarat HC

Bombay HC Condones 1,257-Day Delay in Form 10B Due to Bona Fide Professional Lapse

Bombay HC Condones 2732-day Delay in Electronic Filing of Form 10B

Deemed Dividend Addition Remanded Due to Year-of-Receipt Mismatch

Leave Encashment Exemption Upheld Under Revised CBDT Limit

ITAT Agra Grants Full Leave Encashment Relief Citing Updated ₹25 Lakh Cap

₹25-lakh Leave Encashment Allowed as Higher Limit Applied Due to Tribunal Precedent

Interest on enhanced compensation being part of consideration is exempt u/s. 10(37)

Invalid 143(2) Notice Makes Assessment Non-Est: ITAT Quashes Entire Assessment
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.
