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.
Search is Person-Specific: Karnataka HC Upholds Section 153C Proceedings
ITAT Deletes ₹20.39-Lakh Double Additions u/s 69A & 69C
ITAT Deletes ₹81.40-Lakh On-Money Addition for Lack of Evidence
Ignorance Cannot Excuse 689-Day Delay Against Section 263 Order, ITAT Holds
ITAT Corrects ₹3.74-Crore Error & Restores Additions u/s 56(2)(vii)(b), 144 & 147
No Section 69 Addition, No 271AAC Penalty, ITAT Quashes Section 263 Revision
ITAT Grants New Tax Regime Benefit Despite E-Verification Delay
Section 28 Interest Travels With Land Compensation: ITAT Deletes ₹14.26-Lakh Addition
Turnover Is Not Income: ITAT Cuts ₹7.15-Lakh Addition to ₹71,560 U/s 44AD
ITAT Upholds Deletion of ₹1.01-Crore Penalty u/s 271(1)(c) After Addition Was Deleted
ITAT Restores ₹16.19-Lakh Section 54 Disallowance for Verification
ITAT Applies Section 201(1) Proviso Where HUDCO Paid Tax, Subject to Form 26A
ITAT Deletes ₹28.83-Lakh LTCG on Son as POA Is Not Property Title
No Afterlife for Section 263: ITAT Holds Failure to Pass Order u/s 153(3) Makes Revision Infructuous
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.
