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 Delhi Directs 12AB & 80G Approval for Overseas Scholarships Paid in India
Supreme Court Dismisses Revenue SLP Against 6% Bogus Purchase Addition
Intermingled Excess Stock Retains Character of Business Income: ITAT Mumbai
Section 69A Cannot Apply to Cash Already Recorded in Books: ITAT Jodhpur
Assessee Consenting to Income-Tax Case Transfer Cannot Later Challenge It: Telangana HC
Madras HC Quashes AY 2015-16 Reassessment Notice Issued After 1 April 2021
Assessment Without Section 143(2) Notice After Revised Return Invalid: ITAT Mumbai
Section 13(1)(b) Cannot Justify 12AB Rejection Without Actual Violation: ITAT Jodhpur
Rejected Transitional Form 10A Cannot Cancel Existing 12AA Registration: ITAT Chennai
Reassessment Based on CBDT Instructions Without AO’s Independent Satisfaction Invalid: ITAT Lucknow
Interest-Free Housing Loans to Needy Persons Can Be Charitable: ITAT Mumbai
ITAT Upholds 200% Penalty Under Section 270A for Misreporting on Disallowed Deductions
Section 80P Deduction Cannot Be Denied Merely for Return Delay: Madras HC
ITAT Lucknow Reduces Section 271H TDS Penalty From ₹1 Lakh to ₹10,000 Per Quarter
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.
