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.
Section 10(46A) Income Tax Exemption Granted to Jalandhar Development Authority
₹115 Cr Penny stock & Bogus loan Reassessment Quashed for Time-Barred Section 148 Notice
Section 148 Notice Without Jurisdiction Renders 263 Unsustainable
Recalled Case Ends Against Assessee as PF/ESI Delay Proves Fatal
CIT(A) Upheld Entire Gross Receipts of Education Society as Income – ITAT Restores Matter to AO
193-Day Delay Condoned: ITAT Says Don’t Deny Merits to Rural Assessee
CIT(A) Had No Material to Examine – Assessee Gets Final Opportunity to Prove Capital Source
Surmises, Patterns Kolkata Report Cannot Override Evidence – Penny Stock Addition u/s 68 Scrapped
Form No. 26AS Not Equal to Turnover: Penalty u/s 271B Deleted for ₹1.11 Cr
Section 144 Assessment Partly Modified: 8% Reduced to 6% NP on ₹1.99 Cr
Demonetization Cash Credit Case Remanded for Reassessment
ITAT Quashes ₹1 Cr Addition Under Section 148 on Penny Stock LTCG
CIT(A) Cannot Hide Behind PCIT’s 263 Order – Independent Application of Mind Mandatory
Government Grant Held Non-Income Despite AO’s 15% Surplus Addition
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.
