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.

Where Two Tax Views Are Possible: Five Limits on Assessee-Favouring Rule

Is F&O Profit Covered by Presumptive Taxation – and What Exactly Is “Turnover” for F&O?

ITAT Pune Stays ₹4.11 Cr Tax Demand Over Frozen RERA Account

ITAT Kolkata: Suspicion Alone Cannot Justify Bogus LTCG Addition

ITAT Mumbai: Three-Year Outstanding Liability Not Cessation Under Section 41(1)

ITAT Mumbai: Investigation Report Alone Cannot Sustain Penny Stock Addition

ITAT Delhi Deletes ₹5.90 Crore Section 68 Addition for Lack of Evidence

ITAT Mumbai Quashes ₹86.40 Crore Dividend Adjustment Under Section 143(1)

Delhi HC Dismissed Section 40(a)(i) Appeals After Section 201 Proceedings Closed

Mere Non-Payment of Tax Not Attracts Section 276C(2) Prosecution: Kerala HC

ITAT Mumbai Allows Section 11 Benefit as Form 9A Was Filed During Assessment

ITAT Mumbai Allows Later 12A Registration Benefit as Assessment Was Pending

ITAT Jaipur Quashes 12AB & 80G Rejection for No Proof of Notice Service

ITAT Delhi Quashes 54F Disallowance Beyond Limited Scrutiny Scope, Upholds Revised Return
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.
