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.

Firm’s Property Can Be Auctioned Without Separate Notice to Every Partner: Madras HC

Wrong PAN Cannot Make One Taxpayer Liable for Another’s Income: Delhi ITAT

Assessment Cannot Survive After Foundational Section 153C Notice Is Quashed: Delhi ITAT

Delhi ITAT Quashes Reassessment for PCIT Approval Instead of PCCIT under Section 151

Section 153C Limitation Starts When Seized Material Reaches Other Person’s AO: Delhi ITAT

ITAT Pune condones delay and remands appeal to CIT(A) for fresh adjudication

Reassessment Cannot Shift From Cash Credits to Estimated Commission: ITAT Delhi

Third-Party Opening Balance Cannot Become Current-Year Income: ITAT Delhi

Section 139(8a) To 263(6): Did Updated Return Regime Actually Change?

New Section 149 Cannot Revive Assessment Already Time-Barred: ITAT Delhi

Delhi ITAT Dismisses Revenue Appeal as AY 2010-11 Falls Outside Section 153C

Annual Crisis of 30th September Tax Audit Deadline

ITAT Condones 163-Day Delay and Remands Section 69A Assessment for Fresh Adjudication

153C Notice Quashed as Deemed Search Date Fell After Cut-off: Delhi ITAT
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.
