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 Delhi Deletes Section 68 Addition on Demonetisation Cash Sales Without Rejecting Books
ITAT Nagpur Upholds Section 263 Revision for Lack of Inquiry into Unrecorded Sales
ITAT Mumbai Remands St John Ambulance 12AB and 80G Renewal Applications
ITAT Mumbai Restores Section 270A Penalty Appeal Over Bona Fide Clerical Error
ITAT Chennai Deletes Section 69A Addition on Recorded Business Transactions
ITAT Bangalore Deletes Section 271FA Penalty on Co-operative Bank for AIR Non-Filing
Allahabad HC Allows Reassessment to Proceed Despite Identity Theft Defence
ITAT Mumbai Restores Transfer Pricing and MAT Issues for Fresh Adjudication
Gujarat HC Quashes Reopening as Change of Opinion on Section 80P(2)(d) Deduction
ITAT Delhi Quashes Reassessment Based Solely on Revenue Audit Objection
No TDS Liability on Overseas Reinsurance Premium Payments: ITAT Mumbai
Delhi ITAT Deletes Section 68 Addition on Unsecured Loans for Lack of AO Verification
Documented Purchases Cannot Be Bogus Merely for Subsequent GST Cancellation: ITAT Delhi
Search Clock Starts on Seized Material Receipt; AYs 2011-12 & 2012-13 Outside Section 153C
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.
