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.
Rule 46A Violated as Appeal Decided Without Complete Remand Exercise
Maharashtra PSI-2007 incentive is capital receipt: ITAT allows ₹37.85-cr subsidy, rejects revenue tag
Reassessment against deceased assessee sustained as department not informed about death
Reassessment Quashed as Notice Was Not Served on Registered Email
JAO lacked jurisdiction to reopen assessments after 29.03.2022: Telangana HC
Cash-Basis Professional Can’t Be Taxed on Mere 26AS Entries; ITAT Deletes Addition
Cash Loan Above ₹20,000 Not a Defence to Cheque Bounce: Supreme Court Restores NI Act Rigour
One notice, rushed hearing, delayed service: ITAT restores appeal citing breach of natural justice
₹50 Lakh Credit Without Source or Capacity Fails Section 68 Test; ITAT Upholds Addition
Section 35(1)(ii) Deduction Restored: Donation Can’t Be Denied Due to Later Withdrawal of Approval
ITAT Confirms FTC Allowance Under Section 90/91 for Investments Held Abroad
Books rejection upheld, but 8% profit estimate cut down to 2%
Lease Rent from Agricultural Land Must Be Properly Verified: ITAT
Interest Follows Purpose, Not Label: ITAT on Section 57(iii) Deduction
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.
