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.

ITAT Restores Ex-Parte CIT(A) Order, Allows Assessee to Present Case After Delay

ITAT Allows Additional Evidence, Remands Trust Registration Case to CIT(E) for Final Hearing

ITAT Sets Aside Post-April 2021 Reassessment Notice as Invalid Under TOLA

Corpus contributions cannot be grounds to deny section 12AA registration: ITAT Delhi

Income Tax Refund Cannot Be Withheld Without Valid Tax Demand: Calcutta HC

Locker Cash Treated as Unexplained Income Despite Business Claims

Minor religious expenditures do not negate predominant charitable activities

Mere Absence of Directors at AO Summons Does Not Invalidate Share Premium: Calcutta HC

Addition based on documents found from third party without granting cross-examination is not sustainable

Income Tax Settlement Application Rejection Doesn’t Block Merit-Based Assessment Challenge: SC

Income Tax Appeal Remanded Due to Lack of Reasoned Order by CIT(A)

ITAT Delhi quashes reassessment Due to Unsigned Section 151 Approval

Bank Interest Held Eligible for 80P Relief Due to Absence of Jurisdictional HC Ruling

ITAT Delhi deletes Protective Additions Due to Absence of Substantive 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.
