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.

Mistaken Form 10-IF Filing Cannot Deny Section 80P Relief: ITAT Ahmedabad

Cash Deposits Alone Cannot Justify Reassessment Without Tangible Material: Gujarat HC

Reassessment Notice Issued After Old-Regime Limitation Expired Quashed: Madras HC

Unsigned Section 148 Notice Remains Valid as SC Dismisses SLP

Section 148 Notice Beyond Three Years Quashed on ₹50-Lakh Threshold: Bangalore ITAT

Ex-Parte Assessment Set Aside Due to Improper Notice Service: ITAT Surat

Gross Gaming Wallet Credits Cannot Be Taxed Without Real Income: ITAT Bangalore

Section 148 Reopening Quashed as Reduced WIP Could Not Cause Income Escapement

Ex-Parte Section 69A Cash Deposit Addition Remanded by Pune ITAT

Section 69 Cash Loan Additions Based on Impounded Tally Data Deleted: ITAT Lucknow

Bangalore ITAT Allows Section 80P Deduction Despite Return Filed Under Section 148

Madras HC Quashes Section 276CC Prosecution Where TDS Exceeded Tax Liability

Delhi ITAT Deletes Section 270A Penalty for Changing the Charge

Kerala HC Quashes Reassessments for Denial of Cross-Examination to Assessee
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.
