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.
Reassessment Based on Unamended Partnership Deed & Audit Objection Quashed: Gujarat HC
ITAT Mumbai Deletes ₹72.85 Crore TP Adjustment on Intra-Group Transactions
Ad Hoc Additions Without Specific Unaccounted Expenditure Unsustainable: ITAT Mumbai
Penalty Cannot Be Imposed on Estimated Bogus Purchase Addition: ITAT Surat
Existing Section 12AB Registration Cannot Be Invalidated During Renewal: ITAT Mumbai
Technical Glitch in Form 10-IC Filing Cannot Deny Section 115BAA Benefit: ITAT Chennai
Mere Suspicion From STR Cannot Justify Section 148 Reopening: Gujarat HC
Section 143(2) Notice Objection Rejected; ₹84 Lakh Section 68 Addition Sustained: ITAT Kolkata
Developer’s Construction Cost Not JDA Consideration; Addition Deleted: ITAT Bangalore
ITAT Mumbai Allows Depreciation on Entire ₹268 Cr IPL Franchise Cost
Gujarat HC Upholds Section 80P Deduction & Additional Depreciation on Milk Cans
Form 10B Delay Cannot Defeat Section 12A Exemption on Mere Technicality: Orissa HC
ITAT Delhi Deletes Section 270A Penalty on Bona Fide Non-Filing of ITR
SC Upholds Quashing of Section 148A Reopening Based on Roving Inquiry
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.
