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 Jaipur Deletes ₹24 Lakh Addition Based Solely on Retracted Survey Statement

ITAT Mumbai: ALV on Unsold Stock to Be Based on Municipal Value

ITAT Chennai: Delay Due to Pending Writ Petition Condoned; CIT(A) Directed to Hear Appeal

ITAT Pune Sets Aside CIT(A) Order for Denial of Video Conferencing Hearing

ITAT Delhi: Reassessment Quashed as ITO Lacked Jurisdiction Under CBDT Instruction

ITAT Pune Sets Aside Denial of Section 80P(2)(d) Deduction on Interest Income

ITAT Panaji Allows Section 80P(2)(d) Deduction on Interest From Co-operative Society

ITAT Panaji Allows Section 80P(2)(d) Deduction on Interest From Co-operative Bank

Delhi HC Quashes Section 148 Reassessment Based on Erroneous Facts & Accounting Method

Bombay HC Quashes Section 148 Reassessment for Incorrect Facts & Invalid Approval

Bombay HC Quashes Section 148 Reassessment for Incorrect Facts & Non-Application of Mind

Kerala HC: No Section 201 Liability for TDS Omission Under Court Order

Calcutta HC: AO Cannot Make Other Additions When Reopening Reason Fails

Andhra Pradesh HC: 166-Day Delay Not Condoned Due to Repeated Non-Participation
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.
