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 Ahmedabad Allows Depreciation on Slump Sale Intangibles, Deletes Interest Disallowance

Bangalore ITAT: Belated Original Return Bars Section 80P Deduction on Section 148 Return

Gujarat HC Quashes Time-Barred Section 148 Reassessment for AY 2015-16

Bangalore ITAT Condones 78-Month Delay to Prevent Double Taxation; Restores Matter to AO

Gujarat HC Quashes Reassessment Notice Issued Beyond TOLA Surviving Time Under Section 148

Delhi HC Questions 13-Year Delay by Income-tax Department in Returning Seized Cash & Jewellery

ITAT Raipur Quashes Section 143(3) Assessment for Absence of Section 143(2) Notice

Karnataka HC Quashes Assessment Orders as Time-Barred After Settlement Commission Proceedings

Bombay HC Quashes Time-Barred Section 148 Reassessment for AY 2015-16

ITAT Delhi Quashes Section 153C Assessments for AYs Outside Ten-Year Block Period

Karnataka HC Dismisses Section 260A Appeal for Lack of Territorial Jurisdiction

Bangalore ITAT Deletes Section 270A Penalty on Bona Fide Section 80P Claim

Karnataka HC Quashes Section 148 Reassessment for AY 2015-16 Issued After April 2021

ITAT Varanasi Deletes Section 68 Addition on Cash Sales Already Accounted as Turnover
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.
