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.

AO’s admission of not issuing Section 143(2) notice invalidates assessment: ITAT Chandigarh

No Independent Verification – Accommodation Entry Addition Unsustainable: ITAT Chandigarh

ITAT Bangalore Quashed Reassessment Over Missing Section 143(2) Notice

ITAT Chandigarh Quashes Revisionary Order for Failure to Show Error or Prejudice

₹29.69 crore Bogus Purchases Addition Quashed as Notice Issued by JAO instead of FAO

ITAT Declines to Entertain Appeal as Section 119(2)(b) Order is Non-Appealable

ITAT Kolkata Deletes Section 56(2)(x) Addition for Govt. Property Purchase

AY 2015-16 Reassessment Time-Barred if notices issued Post-1 Apr 2021: Bombay HC

ITAT Chandigar Upholds Deletion of On-Money Additions Citing HBPL Precedent

SC Upholds Rejection of 115BAA Claim for Failure to Exercise Option in Return

ITAT Remands Ex-Parte Income Tax Order for Reconsideration due to communication gaps

Demonetization Deposits from Society Members Not Unexplained Income: ITAT Chandigarh

Section 80G Approval Cannot Be Denied When Section 12AA Registration Exists: SC

Revenue Appeal Dismissed Due to Low Tax Effect Under CBDT Limit
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.
