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.

Delhi ITAT Dismisses Revenue Appeal Over ₹3.89 Crore Cash Sales Addition

ITAT Chandigarh Deletes Section 68 Addition on Demonetization Cash Sales

ITAT Deletes ₹12.99 Crore TP Adjustment on Captive Power Under Section 80-IA

Hyderabad ITAT Allows 80-IA Relief on Captive Power Valued at Rs. 8.74 per Unit

ITAT Kolkata Deletes Section 69A Addition on Explained Demonetisation Cash Deposits

Electricity Transfer at CSEB Consumer Rate Is at Arm’s Length Price: ITAT Delhi

ITAT Kolkata Upholds Electricity Transfer Value for Section 80IA Deduction

Bombay HC Quashes Reassessment Notice Over Mechanical Section 151 Approval & Denied Personal Hearing

Bombay HC Quashes Reassessment Notice for Invalid PCCIT Sanction Under Section 151

Bombay HC Condones 29-Day Form 10B Delay, Restores Section 11 Exemption for Charitable Trust

ITAT Mumbai Deletes Deemed Rent Addition on Unsold Stock-in-Trade for AY 2014-15

ITAT Hyderabad Excludes KPO Recharacterisation, Allows PLI Adjustments in Transfer Pricing Case

ITAT Mumbai Deletes Section 271(1)(c) Penalty Where Reassessment Made No Addition

ITAT Bangalore Excludes High-Turnover Comparables, Allows COVID Employee-Cost Adjustment
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.
