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.

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

CIT(A)’s Voluminous Cash Book Upload Demand: Kerala HC Orders Local Verification

ITAT Restores Appeal for Failure to Examine Client Code Modification Facts

ITAT Raipur Deletes Section 234E Late Fee for TDS Filing Before 01.06.2015

Cash Deposits Already Covered Under Presumptive Income u/s 44AD – No 69A Addition

Sec. 263 Cannot Be Used to Replace AO’s Possible View on Scrutinized LTCG Income

Investment Addition Deleted: ITAT Rejects ₹1.23 Cr NMS Data Based on Actual Sale Deed

ITAT Ahmedabad Deletes Addition for Small Foreign Currency Found During Search

Section 271(1)(c) Penalty Cannot Survive When Quantum Addition is Remanded

Partial Tax Relief on Alleged Bogus Purchases Due to Profit Already Declared

Cash Deposit Addition Deleted: ITAT Accepts Cash Withdrawals as Source, Invalidating S. 69A Charge

ITAT Ahmedabad Upholds CIT(A) Order Allowing Unsecured Loans & Housing Loan Interest

ITAT Deletes Cash Addition Based Solely on WhatsApp Message Without Section 65B Certificate

ITAT Allows Partial Relief on Demonetisation Cash Deposits Citing Agricultural Background
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.
