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.
SC Declines Interference with Quashing of Shah Commission-Based Reassessment Notices
Karnataka HC Quashes Section 148 Reopening for Lack of Independent Application of Mind
Mere Shah Commission Opinion Cannot Sustain Reassessment: Allahabad HC
Madras HC Sets Aside Section 234E TDS Late Fee for Pre-June 2015 Period
Madras HC Sets Aside Section 234E Late Fee for Pre-June 2015 TDS Processing
Spiritual and Moral Advancement Is Not Inherently Religious: Delhi ITAT
Unconventional Business Payment Cannot Be Branded a Sham: Mumbai ITAT
General Allegations Against Lender Cannot Justify Section 68 Addition: Mumbai ITAT
Cash Deposits From Recorded Sales Cannot Be Added Without Rejecting Books: Chandigarh ITAT
ITAT Surat Deletes Section 271(1)(c) Penalty on Estimated Bogus Purchase Addition
New Charitable Trust Need Not Prove Completed Activities for Section 12AA Registration: Calcutta HC
ITAT Chennai Allows MRF’s Retention Money, Forex Premium and Warranty Claims
Madras HC Sets Aside Reassessment Orders Over Section 151 Approval & Limitation
SC Dismisses SLP Against Assessment Quashed for Untimely Section 143(2) Notice
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.
