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.
Capital Loss on Physical Share Sale Allowed Where Revenue Fails to Prove Sham Transaction: Delhi ITAT
ITAT Mumbai Restores Deceased Assessee’s Reassessment Appeal for Jurisdictional Adjudication
Bank Cannot Create Lien for Section 194N TDS: Karnataka HC
Delhi HC Examines Tribunal’s Section 153C Annulment Without Cross-Appeal
Gujarat HC Quashes Reassessment of Trust Where 85% Application Was Met
Delhi HC Dismisses Section 69 Appeal Where No Unexplained Investment Found
Delhi HC Directs AO to Explain Four-Year Income Tax Refund Delay
ITAT Bangalore Restores Assessment of 66-Year-Old Blind Taxpayer for Fresh Adjudication
ITAT Mumbai Holds TNMM MAM for Value-Added Medical Equipment Distribution
Aborted Project Costs Revenue Expenditure for Tax Purposes: Gujarat HC
ITAT Ranchi: PCIT Cannot Seek Reverification of Issues Already Examined by AO
ITAT Agra Directs ₹4.06 Lakh TDS Credit Where Co-owners Did Not Claim Their Shares
ITAT Delhi Quashes Section 153C Assessments Over Mechanical Section 153D Approval
Bombay HC Directs Consideration of Balance Interest on Delayed Income Tax Refund
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.
