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.

Interest on Disputed Tax is Covered by Vivad Se Vishwas Scheme: Karnataka HC

ITAT Mumbai Nullifies Reassessment Due to Approval from PCIT Instead of PCCIT After 3 Years

ITAT Mumbai Remands Bad Debt Disallowance for Fresh Verification U/s. 36(1)(vii)

ITAT Pune Restores 12AB Registration Application Rejected Without Fair Hearing

ITAT Agra Restores Re-Assessment on ₹1.19 Crore Cash Deposits to AO for Fresh Hearing

ITAT Restores ₹34.45 Cr Addition Case to AO for Verification of Creditor Liabilities

Karnataka HC Dismisses Revenue Appeal on Abnormal Cash Sales During Demonetization

ITAT Allows Gifts from Sisters; Tax Addition Cannot Be Based on Donor’s Non-Scrutiny

ITAT Nagpur Remands Case for Fresh Examination of Evidence on Unexplained Investment

ITAT Remands Unexplained Money Case to CIT(A) After Non-Appearance due to Miscommunication

Bogus Sales: CIT(A) Must Pass Speaking Order Even If Assessee Fails to Appear – ITAT Agra

ITAT Allows Section 115BAB Tax Rate After CPC’s Wrong Denial of Manufacturer Status

ITAT Agra Orders Fresh Assessment in Dual-PAN Cash Deposit Case due to Natural Justice Violation

ITAT Sets Aside Ex-Parte Order for Lack of Reasoned Findings by CIT(A)
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.
