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.
When Time Runs Out, So Does Charity: ITAT Upholds Rejection of Delayed Appeal
Karnataka HC Quashes Section 271DA Penalty Notice Issued Beyond Limitation
Finality Prevails: Later SC Judgment Can’t Rectify Concluded ITAT Order
Finality of Order: SC Judgment Cannot Retroactively Rectify ITAT Order
AO Cannot Exceed Section 151A Authority, Reassessment Notices Quashed
Pune ITAT Quashes 263 Revision: AO’s View on Section 80P Deduction Found Plausible
ITAT Mumbai Remands Case: Fresh Verification Ordered on Cost of Improvement in Capital Gains
Reassessment Collapses Without 143(2) Notice: ITAT Pune Sends Cash Deposit Case Back to CIT(A)
ITAT Chennai Deletes Section 271B Penalty for Commission Agent – Audit Not Required When Income Below Threshold
‘Seven Days Means Seven Days’: Karnataka HC Quashes Reassessment Notice for Procedural Haste
Software termination charge reimbursement to group entity for business purposes allowable
Rectification Can’t Rewrite Scrutiny Order: ITAT Quashes 80P Disallowance for Co-op Society
Karnataka HC Allows Condonation for 67-Year-Old Who Mistakenly Filed Form 68 Manually Instead of Online
No Double Deduction: ITAT Allows Separate Claims for Bad Debts – Sections 36(1)(vii) & 36(1)(viia)
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.
