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.

Jaipur ITAT Deletes FDR, Cash Redeposit Additions; Rejects Arbitrary Estimates

ITAT Restores Section 12AB, 80G Applications After Wrong Provision Selection

Panaji ITAT Allows 80P Deduction on Enhanced Business Income

Madras HC Sets Aside ₹84 Lakh Section 69 Addition in Ex Parte Assessment

Madras HC Stays 2-Year RI Under Sections 276C(2)/278E Pending Appeal

Madras HC: Interest on Corpus Funds Taxable, ₹94.67 Lakh Addition Upheld

Benami Proceedings Need Only Prima Facie Satisfaction at Preliminary Stage: Madras HC

ITAT Deletes ₹32.68 Cr Power and ₹51.64 Cr Steam Adjustments under Section 80-IA

Section 148 Notice to Dissolved Partnership Firm Invalid: ITAT Delhi

ITAT Mumbai Deletes ₹37.61 Lakh Section 270A Penalty on Charitable Trust with Nil Income

ITAT Lucknow Deletes ₹2.98 Crore Section 68 Addition on Demonetisation Cash Sales

ITAT Pune Deletes ₹2.38 Crore Section 69A Addition on Demonetisation SBN Deposits

ITAT Ahmedabad Deletes ₹9.66 Crore Section 68 Addition on Demonetisation Cash Deposits

Tata Chemicals Wins ₹12.99 Cr TP Relief on Captive Power; ITAT Allows Additional Ground on Steam Valuation
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.
