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.

CIT(A)-Decided Issue Cannot Be Revised Under Section 263: ITAT Mumbai

6.2% Stamp Valuation Difference Cannot Trigger Deemed Income Addition: ITAT Mumbai

Section 69 Addition Unsustainable After Primary Loan Evidence Furnished: ITAT Delhi

Goodwill from Slump Sale Eligible for Depreciation for AY 2016-17: ITAT Mumbai

₹25 Lakh Leave Encashment Ceiling Applied for AY 2020-21: ITAT Delhi

Integrated Real Estate Project Profits Taxable Only Upon Overall Completion: ITAT Mumbai

Cash Belonging to Another Assessee Refundable After Tax Adjustment: Delhi HC

Wrong Section 151(ii) Authority Vitiates Reassessment: ITAT Mumbai

ITAT Mumbai Deletes ₹62 Lakh On-Money Addition for Lack of Corroborative Evidence

Unaccounted Sales Not Entirely Profit; ITAT Applies 8%, Rejects Section 115BBE

ITAT Allows Full Section 57 Interest Deduction Beyond Interest Income

₹9.80 Crore Land Bought for ₹1.58 Crore: ITAT Taxes ₹8.23 Crore Benefit u/s 28(iv)

ITAT Delhi Deletes Section 69A Addition on Locker Cash

₹1.44 Crore Cash Deposits Claimed as Cycle Sales: ITAT Orders GST/VAT Record Verification
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.
