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.

SC Applies Rajeev Bansal, Directs AO to Decide Reassessment Objections

Road & Garden Land Has Nil NRV, ITAT Raipur Deletes ₹2.13 Crore Addition

ITAT Deletes ₹2.43 Crore Addition, Share Trading Loss Not Taxable Under Section 68

ITAT Mumbai Quashes Section 263 Order for Limitation on Original Assessment Issues

EDCT Rental Charges Taxable as Transfer of Right to Use: Karnataka HC

No Bar for Bengali Hindu to Form HUF Under Dayabhaga Law: ITAT Deletes Addition

Calcutta HC Restrains Reassessment Proceedings for Non-Compliance with Section 148A

SC Dismisses Penny Stock Tax Appeal, Keeps Question of Law Open

Allahabad HC Dismisses Revenue Appeal Against Deletion of Penny Stock Addition

ITAT Mumbai Quashes Additions Under Sections 68 and 69C on Sunrise Asian LTCG

ITAT Panaji Allows Section 80P(2)(d) Deduction on Interest Earned from Co-operative Banks

Rajasthan HC Dismisses Revenue Appeals as ITAT Findings on Section 68 Additions Were Factual

SC Dismisses SLP Against Deletion of Section 68 Unexplained Loan Additions

P&H HC Dismisses Revenue Appeals as Assessee Was Denied Cross-Examination
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.
