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.

Section 153C Vs Section 148: Bombay HC Stays Reassessment Based on Search Material

Section 147 Reopening Valid on Venus Group Search Material; Section 153C Not Applicable: Gujarat HC

Mere Disallowance of Political Donation Deduction Cannot Sustain 200% Penalty: ITAT Ahmedabad

Recorded Jewellery Cash Sales Cannot Be Added u/s 68 Merely for High Volume: ITAT Agra

₹9.33 Crore Demonetisation Cash Deposit Addition u/s 68 Deleted: ITAT Agra

Recorded Cash Sales Cannot Be Added u/s 68 Without Rejecting Books: ITAT Agra

BSNL VRS Compensation Exempt u/s 10(10B); 1459-Day Appeal Delay Condoned: ITAT Guwahati

Medical Emergency of Wife Justifies ITR Delay Condonation: Karnataka HC

ITAT Deletes ₹20.18 Crore TP Adjustment Following Gujarat High Court

AO Cannot Start Reassessment Scrutiny Before Deciding Objections: Bombay HC

ITAT Upholds Deletion of ₹91.11 Lakh Alleged Property Cash Payment

Delhi HC Upholds Reopening of Zoom Insurance Brokers for AY 2020-21

Unsigned Form 36 Makes Income Tax Appeals Non-Maintainable: ITAT Pune

Infosys and Infosys BPO Excluded as TP Comparables: Karnataka HC
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.
