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.
Gujarat HC: Belated Tax Claim Does Not Bar Section 244A Refund Interest
Bombay HC: Interest Mandatory on Refund of Excess Tax Paid by Mistake
NIA FIR Re-Registration Is Not Second FIR; Further Investigation Valid: Supreme Court
Section 153A Addition Without Seized Material Invalid: Delhi HC
SC Dismisses Revenue SLP on Section 153A Addition Without Incriminating Material
Reassessment Without Cross-Examination of Alleged Bogus Purchase Supplier Invalid: P&H HC
Electricity Consumption Variation Alone Cannot Justify Book Rejection: ITAT Chandigarh
Mechanical Section 151 Approval Invalidates Reassessment: Bombay HC
Assessment Without DIN and Mechanical Section 151 Approval Quashed: ITAT Amritsar
Reassessment Quashed as AO Failed to Decide Objections: Bombay HC
Reassessment on New Issue After Original Ground Accepted Quashed: Bombay HC
Second Reassessment Quashed for Non-Application of Mind: Bombay HC
Mechanical Section 153D Approval Invalidates Search Assessment: ITAT Chandigarh
Mechanical Section 153D Approval Invalidates Search Assessments: ITAT Mumbai
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.
