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.
₹40 Lakh Section 271D Penalty Deleted for Missing AO Satisfaction: ITAT Hyderabad
Madras HC Quashes Section 153B Search Assessments as Time-Barred After TOLA Computation
Recorded Land Investment Cannot Be Taxed Under Section 69: ITAT Chandigarh
ITAT Mumbai Deletes SBI TDS Default for Foreign-Leg LFC During HC Stay
Himachal Pradesh HC Allows Fresh Section 147A Challenge With 90-Day Protection
Delhi HC Stays Section 148 Proceedings Over ₹17.66 Crore Cash Already Offered to Tax
Section 12AB Renewal Cannot Be Denied Merely for Absence of Trust Deed: ITAT Mumbai
ITAT Cochin condones 1762-day delay and remands Section 80P and Section 69A issues
Section 80G Application Cannot Be Rejected Merely for Wrong Section Code: ITAT Pune
Wrong Clause in Form 10AB Is Clerical Error; Section 80G Application Restored: ITAT Mumbai
Reassessment Beyond 3 Years Quashed as PCIT Was Wrong Sanctioning Authority: ITAT Mumbai
Redeveloped Flat Received Against Surrender of Old Flat Not Taxable Under Section 56(2)(vii): ITAT Mumbai
Covid Lockdown Delay in Employees’ PF & ESI Deposit: Section 36(1)(va) Disallowance Deleted by ITAT Delhi
Rajasthan HC Stays Section 153C Proceedings Pending Supreme Court Decision
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.
