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.

Wrong Taxpayer Facts Make Appellate Order Perverse: ITAT Agra

Common Shareholding or Low Income Alone Cannot Establish Bogus Share Capital: ITAT Ahmedabad

Third-Party Material Must Be Disclosed Before Addition: ITAT Ahmedabad

Purchaser’s Accommodation-Entry Tag Alone Cannot Make Seller’s Sales Bogus: ITAT Ahmedabad

Bank Processing Fee Label Cannot Determine Capital Nature: ITAT Ahmedabad

BSNL Retirement Exemption Claims Remanded for Scheme Examination: ITAT Rajkot

Directors Proved Source: ITAT Deletes ₹17.46 Crore Section 68 Addition

Section 263 Invalid When AO Examined Ind AS Adjustments & MAT Book Profit: ITAT Indore

Examined Claim Cannot Be Revised on Different View: ITAT Chandigarh

Section 12AB Gets a Condonation Route—What About Delayed 80G Applications?

Section 270A Penalty Cannot Survive After Quantum Addition Is Deleted: ITAT Mumbai

Punjab & Haryana HC Quashes AY 2015-16 Reassessment Notices Issued After 1 April 2021

Ad Hoc Tenure Filter Cannot Determine Arm’s Length NCD Interest: ITAT Mumbai

Equal-Value Land Exchange Does Not Trigger Section 43CA Addition: ITAT Chennai
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.
