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.
Additional Evidence Leads to Remand of Section 54F Farmhouse Dispute
Incentives for Market Expansion Are Capital, Not Income u/s 2(24)(xviii)
CIT(A) Cannot Decide on Merits Without Condoning Delay – Delhi ITAT Sets Aside Order
Old Lady’s Inability Leads to Ex-Parte Orders – ITAT Restores Cash Deposit Case for Fresh Assessment
Reassessment Quashed for Issuing Section 148 Notice Beyond “Surviving Period”
ITAT Strikes Down 153C Order for Copy-Paste Satisfaction Without Application of Mind
Technical ITBA Errors Cannot Extend Limitation for Reassessment
Suo-Motu 14A Disallowance Upheld as Own Funds Exceed Investments
Which Types of Income Will Fall Under the Head “Salary”?
Invalid 147 Reopening: Assessment Scrapped for Incorrect Assumption of Non-Filing
Insight Portal Alert Not Enough: Tribunal Holds Section 147 Invalid Without Independent Inquiry
Reopening Quashed for Wrong Section 151 Approval: Tribunal Finds Jurisdictional Defect After 3 Years
Section 148 Notice Quashed as Change of Opinion; Section 68 Fails on Merits
No Selective Reading – AO Cannot Cherry-Pick Loss-Only Trades: ITAT Mumbai
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.
