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.
Delhi HC Dismisses Reassessment Under Sections 147/148 for AO’s Non-Application of Mind
ITAT Mumbai Deletes Section 69 Addition Based Solely on Uncorroborated Third-Party Statements & Excel Data
ITAT Mumbai Deletes Section 69 Addition Based Solely on Uncorroborated Third-Party Statements
ITAT Pune Deletes Addition on Ex Gratia Payment Received Under Pfizer Exit Scheme
No Section 276C Prosecution After Deletion of Section 271AAB Penalty: Rajasthan HC
Client Code Modification Alone Cannot Justify Section 68 Addition: ITAT Mumbai
ITAT Ahmedabad Allows Section 10(10B) Exemption Claim for BSNL VRS Compensation
ITAT Lucknow Deletes Section 271AAC Penalty After Deletion of Section 69A Addition
ITAT Lucknow Deletes ₹10.05 Crore Section 69A Addition on Bank Mitra Cash Deposits
CPWD Rates Cannot Be Applied for Rural House Valuation: Karnataka HC Deletes Section 69 Addition
ITAT Chennai Quashes Reassessment as No Addition Was Made on Recorded Reason
Fresh Section 148A(b) Notice Unsustainable After Completed Reassessment: Madras HC
Section 263 Cannot Cure Wrong Penalty Provision in Assessment Order: ITAT Chennai
No Section 36(1)(iii) Disallowance Where Own Funds Exceed Investments: ITAT Chennai
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.
