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.
Cash Withdrawals Don’t Prove Availability: ITAT Upholds Additions u/s 69A & 37(1)
ITAT Admits Commercial-Use & Repayment Evidence in s.2(22)(e) Deemed Dividend Dispute
Section 148A(b) Notice Invalid Where Assessee Is Not Given Seven Clear Days to Respond
No TDS Under Section 194I on EDC Paid to HUDA: ITAT Delhi
ITAT: Two Days to Defend 48 Service Providers Not Fair Hearing; Addition Restored
Section 263: PCIT Cannot Substitute Opinion for AO’s Enquiry & Plausible View
Seven Clear Days Mandatory for Section 148A(b) Notice: ITAT Cuttack
Delhi ITAT Deletes ₹11.12 Crore On-Money Addition Based on WhatsApp Chats
Tax Audit Mistakes: Key Thresholds and Conditions Taxpayers Should Check
ITAT Remands ₹99.38 Lakh Appeal as Section 249(4)(b) Applicability Was Not Examined
Low Returned Income Cannot Sink a Loan Without Examining the Fund Trail: ITAT Mumbai
Assured-Margin Model: Nil Valuation of Real Services Leads to Double TP Adjustment
Low Income Doesn’t Mean Low Creditworthiness: AO Must Investigate U/s 68
ITAT Mumbai Restricts Section 271AAB Penalty on Unreconciled Jewellery to 10%
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.
