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.
Low Income of Investors Cannot Trigger Section 68 Addition: ₹3.32 Cr Deleted
ITAT Kolkata Allows 30% Deduction on Warehousing Lease Income
ITAT Deletes ₹1.59 Crore Section 68 Addition Despite Non-Appearance of Creditors
TDS Disallowance Verification Remanded After Non-Communication of Notices
The IT Ecosystem of India Is Non-Democratic: A Critical Legal Analysis
Pre-Deposit Must Include Protest Payments: SC Clarifies MVAT Rule
Rebate Allowed as No Statutory Exclusion in Section 87A for LTCG: ITAT Chennai
Bombay HC Confirms Legitimacy of Foreign Gifts in Income Tax Assessment
Automated Allocation Mandatory for Income Tax Reassessment Notices: Jharkhand HC
Gujarat HC Quashed Section 148 Order for Non-Compliance with 135A Verification
Section 148 Notice by JAO Quashed, Faceless Assessment Applies from Notice Stage
Section 234E Fee on Late TDS Filing is constitutionally valid: Rajasthan HC
Penalty Quashed for Non-Existent Undisclosed Income under Section 271AAB
ITAT quashes 271AAB Penalty as Assessee Not Required to Maintain Books Under 44AA
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.
