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.
Delay in Form 10B Filing Is Curable; Section 11 Relief Allowed by ITAT Pune
₹2.81 C TP Addition Deleted as CIT(A) Rightly Accepted PSM Based on Consistency with Earlier Year
LTCG not Triggered Without Registered JDA & Statutory Approvals: ITAT Visakhapatnam
ITAT Remands CIT(A) Order for Non-Speaking Decision on 54/54F & Net Consideration
ITAT Restores Appeal After NFAC Rejected Rectification Due to Portal Visibility Error
Loans Repaid – Section 68 Cannot Apply: ITAT Kolkata
ITAT Orders AO to Examine Additional Section 54B Claim Omitted in Return
Reopening Quashed – Reasons Based on Wrong Facts Mechanical 151 Approval; Rule-27 Legal Ground Allowed
Commission Rationalised to 0.40% on Sales/Purchases & 0.50% on Loans by ITAT Mumbai
Selective Treatment of LTCG vs STCG Rejected: ₹53.24 Lakh Addition Deleted
Ex-Parte CIT(A) Order Set Aside – Advance Rent Reconciliation to Be Examined Afresh
Appeal Restored as Email Mismatch Led to Non-Compliance and Ex-Parte CIT(A) Order
Capital Gains Recomputed Using ₹50,000/Bigha for Co-Owner Consistency
Penny Stock Allegations Rejected: ₹1.25 Cr & ₹1.53 Lakh Additions Deleted
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.
