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 Quashes Time-Barred Reassessment Despite Non-Cooperation; ₹5,000 Cost Imposed

APMC Bills Secure Relief U/s 69A Despite Crop Missing in RTC: ITAT Bangalore

ITAT Delhi Deletes Section 270A Penalty for Fully Disclosed Disputed Treaty Income

Gujarat HC Quashes Section 148 Notice Issued Against Deceased Assessee

Madras HC Allows Form 10B Delay Condonation for Genuine Hardship

Suspicion Cannot Replace Evidence in Penny-Stock LTCG Cases: Madras HC deletes addition

Gujarat HC Deletes Section 271(1)(c) Penalty on Debatable SPN Interest Disallowance

Nothing to Cure When Notice Is Issued to a Dead Person

Suppressed Turnover Cannot Be Fully Taxed as Income, ITAT Limits Addition to 2%

Calcutta Hc Upholds Ad Hoc Superannuation Fund Contribution for Actuarial Deficit

AY 2015-16 Reassessment Notices Issued After 1 April 2021 Quashed by Madras HC

ITAT Mumbai Deletes TDS Demand on Unascertained Year-End Expense Provisions

ITAT Chennai Grants Section 10(37) Exemption on Enhanced Agricultural Land Compensation

ITAT Rajkot Quashes Reassessment for Lack of Tangible Material & Unsigned Approval
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.
