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.
ITAT Chandigarh: PCIT Cannot Invoke Section 263 Merely Over Cryptic Assessment Order
ITAT Chandigarh Remanded Cash Deposit Additions Over Multiple PAN Issue
ITAT Bangalore: ₹200 Crore Turnover Filter Applied to SWD & ITeS TP Comparables
ITAT Bangalore: Software TP Adjustment Reworked After ESOP and Comparable Analysis
ITAT Bangalore: Software TP Adjustment Remanded Using ₹200 Crore Turnover Filter
ITAT Bangalore Excludes High-Turnover Comparables in Software Development TP Adjustment
ITAT Bangalore: Tally Solutions Excluded as Functionally Dissimilar to Wipro
Gujarat HC Quashes Income Tax Assessment for Only Two Days’ Response Time
Karnataka HC Sets Aside Faceless Assessment for Inadequate Show-Cause Notice Time
Delhi HC Rejected Bogus Purchase Addition for Duly Explained Purchases
SC Dismissed Revenue’s Section 263 SLP as AO Had Taken a Plausible View
Calcutta HC: Section 263 Cannot Substitute AO’s Plausible View on GP Addition
SC Upheld Section 263 Relief as AO Had Examined Unsecured Loans
Calcutta HC: Revenue’s Section 263 Appeal Dismissed as Loan Inquiry Was Adequate
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.
