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.
FTC Eligibility Upheld: ITAT Confirms Form 67 Due Date Amendment
One-Day Notice Not Enough – ITAT Remands Section 271(1)(b) Penalty Case
“Bogus Purchases” Overruled: ITAT Prioritizes Commercial Reality
Deputy Commissioner acting beyond directions given by DRP is contrary-in-law
Sale of Cybersecurity Software Not Taxable as FTSs Under India-Ireland DAA
Tax Demand Invalid When Arising from Typographical Error Without Malafide Intent
Recovery proceedings by Income Tax Department during moratorium period not sustainable
AO Cannot Disturb Approved Share Valuation Method selected by assessee: ITAT Delhi
ITAT Mumbai Quashes Reopening of Assessment Without New Tangible Evidence
Addition for Unexplained Investment Without Adequate Inquiry not justified: ITAT Jabalpur
ITAT Mumbai Upholds PCIT’s Revision for Lack of Inquiry under Section 263
Reassessment Notice Issued Beyond surviving Time Limit Invalid: Gujarat HC
Demonetization Deposits from Genuine Sales Not Unexplained Income: ITAT Agra
Section 87A on Special-Rate Income: CIT(A) Allows but CBDT Says No – What Should Taxpayers Really Do?
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.
