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 Mumbai Deletes Unexplained Shop Investment Additions Based on Third-Party Evidence

Gujarat HC Upholds Deletion of Rs. 11.69 Crore Section 68 Loan Addition

ITAT Rajkot Quashes Section 263 Revision for Inadequate Inquiry into Sundry Creditors

ITAT Ahmedabad Deletes Section 68 Additions on Loan and Opening Creditor Balance

ITAT Rajkot Deletes Section 68 Addition on Agricultural Income Without Books

ITAT Bangalore Partly Allows Dotgo’s Transfer Pricing Appeal on Comparables & Costs

ITAT Jodhpur Restores Trust Registration Application u/s 12AA to CIT(E) for Fresh Decision

SC Dismisses SLP Against Bombay HC Ruling on Section 271(1)(c) Penalty

Bombay High Court Dismisses Revenue Appeal on Defective Penalty Notice

Wrong Form 10B Filing Does Not Bar Section 11 Relief: ITAT Jaipur

Unsigned, Undated Section 151 Approval Invalid; Reassessment Quashed by ITAT Delhi

Temple Activity Does Not Bar U/s 80G Approval If Religious Spending Is Within 5%: ITAT Delhi

Old PAN Curable, but New ₹2.95 Crore Addition U/s 68 Deleted: ITAT Delhi

“Interest” Is More Than Just Interest: Mukul Rohatgi Gets Loan Charges Deduction U/s 24(b)
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.
