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.
Debatable Claim Cannot Trigger Penalty: ITAT Quashes 271(1)(c) for Denied LTCG Exemption
Consortium Members Not Individually Liable: ITAT Clarifies AOP Taxation
Ex-Parte Capital Gains Assessment Set Aside for Land Sale Dispute
ESOP Disallowance Deleted; LTCG on Kodaikanal Land Remanded for Re-Examination
Recovery Beyond 20% of Disputed Income Tax Demand Unlawful: Calcutta HC
Invalid Sanction Kills Reopening: ITAT Says PCIT Cannot Replace JCIT Under Old Section 151(2)
Section 11 Exemption Cannot Be Denied for Missing Registration Details in ITR
Income tax appeal cannot be rejected solely for non-appearance by CIT(A) Kerala HC
276CC Prosecution: HC Upheld Income Tax Dept Notices Under Section 91 Cr.P.C.
Repayment of Friendly Loan Explained: ITAT Deletes ₹12.50 Lakh Addition u/s 69A
Section 68 Share Premium Addition Remitted as Evidence Was Not Examined
Disallowance Cut to 5% Since AO Failed to Prove Entire Sales Were Unexplained
Delhi HC Refuses Stay Interference Due to Delay and Non-Compliance
Remand Ordered Since AO Adopted U/s 143(1) Figures Without Addressing Disallowances
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.
