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.
Mechanical Section 153D Approval Invalidates Search Assessments: ITAT Mumbai
Mechanical Section 153D Approval Without Verification of Assessment Records Invalid: ITAT Chandigarh
Section 153D Approval for Multiple Years and Assessees Without Record Examination Invalid: ITAT Dehradun
Mechanical Section 153D Approval for 110 Assessments Invalid; Assessment Quashed: ITAT Delhi
Section 68 Loan Additions Deleted as Identity, Creditworthiness & Genuineness Proved: ITAT Mumbai
Rule 8D 0.5% Disallowance Restricted to Investments Yielding Exempt Income: Delhi HC
Pre-April 2017 Survey Surrender Not Taxable Under Section 115BBE: ITAT Delhi
Protective Addition Cannot Survive When Substantive Addition Is Deleted: ITAT Delhi
Common Mechanical Section 153D Approval Invalidates Search Assessments: ITAT Delhi
Dual Section 151 Approval and Incomplete Reasons Invalidate Reassessment: ITAT Mumbai
Dual Section 151 Approval Invalidates Reassessment Proceedings: ITAT Agra
Family Status and High Income Explain Jewellery Beyond CBDT Limit: ITAT Delhi
Family Status Justifies 719-Gram Stridhan Jewellery; Section 69 Addition Deleted: ITAT Delhi
CBDT Instruction Cannot Restrict Explained Family Jewellery to Prescribed Quantity: ITAT Delhi
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.
