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.
Inoperative ≠ Invalid: ITAT Deletes ₹3.77-Lakh TDS Demand u/s 206AA on Valid PAN
ITAT Jaipur Allows ₹16.44-Lakh IPO Financing Interest as Cost u/s 48
Checkmate Cannot Travel Back: Debatable PF/ESI Issue Not a Mistake u/s 154
ITAT Hyderabad Condones 2,336-Day Delay and Revives Trust Registration
Section 148 Notice Sent Late, ITAT Quashes ₹50-Lakh Property Addition
ITAT Allows Credit for Mother-in-Law’s Gold Sale Against Cash Deposit
Sale Price Is Not Capital Gain: ITAT Restores ₹2.10-Crore Addition & ₹69.45-Lakh Penalty
₹1.09-Crore Cash Addition u/s 69A Remanded; Penalty u/s 271AAC Falls
DVO Estimate Cannot Justify ₹2.12-Crore Addition u/s 69
Incomplete Trust Deed Does Not End 12AB Registration: ITAT Orders Fresh Examination
Online Gaming ₹2.63-Crore Payout vs ₹2.94-Crore Buy-In Is Loss, Not Winnings U/s 115BB
5% Profit Rate Upheld on Unaccounted Helmet Sales; Revenue Appeal Dismissed
Nigeria, Hong Kong & “Source of Source” Additions Deleted u/ss 40(a)(i), 37 & 68: ITAT Chandigarh
Only 14 Days Left-38-Day Delay Quashed U/s 148 Notice & ₹22.72-Lakh Addition U/s 69
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.
