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.

AY 2015-16 Section 148 Reassessment Time-Barred: ITAT Surat

High-Pitched Assessment: Bombay HC Stays Tax Recovery Pending Appeal

Communication Gap Justifies Condonation and Fresh Hearing: ITAT Rajkot

Section 11 Exemption Denied for Investment Outside Section 11(5): ITAT Delhi

Old Outstanding Liabilities Without Cessation Cannot Be Taxed: ITAT Surat

Revision on Wrong Facts: Section 194Q Cannot Apply to Purchases Before 1 July 2021: ITAT Surat

Customer’s Payment, Another Firm’s Account: ₹45 Lakh Section 68 Addition Deleted by ITAT Surat

Unaccounted Purchases: ITAT Rajkot Restricts ₹13.07 Lakh Addition to 8% Profit

Property Buyer’s Alleged On-Money Addition Restricted to 10%: ITAT Rajkot

A Joint Locker Is Not a Sole Ownership Certificate: ITAT Ranchi Deletes Gold Additions

Ten Years Late, Yet Not Too Late for Justice: ITAT Pune Condones 3,726-Day Delay

No Reply Does Not Mean No Merit: CIT(A) Must Decide Appeal on Merits: ITAT Pune

India–UAE Holding Structures: FEMA, POEM, Tax Risks and Commercial Benefits

CIT(A) Must Decide Reassessment Jurisdiction Before Remand: ITAT Agra
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.
