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 Jaipur Quashes Section 271AAB Penalty for Defective Show Cause Notices
Rajasthan HC Rejects Section 68 Share Capital Addition Based Only on Suspicion & Doubt
ITAT Jaipur Deletes Section 271AAB Penalty on Undisclosed Income Findings
Ahmedabad ITAT Condoned 1,876-Day Delay in ₹2.01-Crore Exemption Claim
ITAT Pune allows Section 80P deduction on interest from cooperative and nationalised banks
ITAT Delhi deletes Section 270A penalty for failure to specify misreporting limb
ITAT Dehradun deletes Section 270A penalty for change in misreporting charge
Co-operative bank interest ineligible for Section 80P deduction: Karnataka HC
ITAT Bangalore Allows Section 80P Deduction for Nominal Member Credit and Bank Interest
Section 2(14): Rural Land Exempt, ₹1.28 Crore Addition Deleted Despite TDS u/s 194-IA
ITAT Delhi Quashes Section 263 Revision on Interest Under Section 28 of Land Acquisition Act
Rule 46A: ₹1.01 Crore u/s 69A Addition Restored to AO for Fresh Examination
Karnataka HC Upholds Section 80P Benefit for Souharda Co-operatives Registered Under State Law
Karnataka HC: Souharda Co-operative Society Eligible for Section 80P Deduction
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.
