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 Gains to Be Computed on Full Sale Price of Mortgaged Property: SC

Assessment Invalid Where Section 143(2) Notice Was Issued Before Return: Delhi HC

Bangalore ITAT Remands Software Segment TP Issue for Fresh Verification

Bangalore ITAT Remands Software Segment Comparables Dispute for Fresh Adjudication

ITAT Raipur Quashes Assessment for Invalid Section 143(2) Notice & Missing Section 127 Transfer Order

Reassessment Quashed Without Section 127 Transfer Order or Section 148 Notice: Raipur ITAT

Section 124(3) Bars Delayed Jurisdiction Challenge: Chhattisgarh HC Upholds Assessment

Reassessment Quashed for Lack of Section 127 Transfer Order: Raipur ITAT

Section 151 Approval by Wrong Authority Invalidates Reassessment: Raipur ITAT

Kolkata ITAT Upholds Bogus LTCG Findings Based on Penny Stock Transactions

Pune ITAT Quashes Section 153C Assessments Over Inadequate Satisfaction Note

Low Tax Effect Bars Revenue Appeal Despite State Sales Tax Information: Pune ITAT

Section 68 Addition Deleted as Loans Were Repaid Within Same Year: Gujarat HC

Assessment on Deceased Assessee Void & Unenforceable: ITAT Hyderabad
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.
