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.
Protective Addition Backfires – ITAT Says Firm Not the Earner, Partners Already Taxed
Parallel Tally Data Exposes True Income – ITAT Upholds 153A, Rejects Books & Sustains Major Additions
CSR May Be Mandatory, But 80G Still Available! ITAT Gives Big Relief to Companies
Cost Inflation Index – Meaning & Index from 1981-82 to 2024-25
Income Tax Reassessments Must Be Based on Net Taxable Income, Not Gross Sale proceeds
ITAT restricted hawala party purchases disallowance to 25% of bogus purchase
Share of Profit from AOPs Not Taxable Again in Member’s Hands: MP HC deletes ₹65 crore addition
ITAT Upholds Section 115BAA Option via Revised Return, Allows Loss Set-Off
ITAT Quashes Disallowance; AO’s Contradictory Approach Invalidates Sec 154 Jurisdiction
ITAT Restores ₹22.01L Bank Deposits to AO After Ignored Affidavits & Sale Deeds
ITAT Deletes Disallowance Caused by Clerical Error in Tax Audit Report
ITAT Restores Illiterate Assessee Appeal, Allows Cash Deposits Examination
Financial Crisis and COVID-19 Delay: ITAT Pune condoned 631-day delay
ITAT Allows Withdrawal of Revenue Appeal Due to Tax Effect Below CBDT Prescribed Limit
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.
