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.

Andhra Pradesh HC Orders Refund of Double Tax Paid on Same Capital Gains

Karnataka HC Upholds Section 153C Notices Within Extended 10-Year Assessment Block

Bona Fide ITR Mistake Should Not Deny Partner’s Remuneration Deduction: ITAT Ahmedabad

Gujarat HC Holds Search Assessment Year Counts for Extended 10-Year Reassessment Period

Facts of One Assessment Year Cannot Be Used for Another: Orissa HC

AP HC Directs Acceptance of Delayed Return to Grant Section 80P Benefit

Section 263 Invalid Where AO Adopted Plausible View on Bogus Purchases: Gujarat HC

ITAT Annuls Section 153C Assessments for Common Satisfaction Note Across Assessment Years

ITAT Kolkata Quashes Section 263 Revision for Lack of Error & Revenue Prejudice

ITAT Ahmedabad Deletes Section 68 Addition on Shree Shaleen LTCG

SC Upholds Quashing of Section 148 Notice for Invalid Section 151 Approval in Linkedin Case

Chhattisgarh HC Condones 309-Day Delay, Restores ITAT Appeal for Merits

ITAT Mumbai Upholds Tax on Notional Rent for Unsold Flats Held as Stock-in-Trade

Karnataka HC Quashes Section 148 Proceedings for Granting Less Than 7 Days Notice Under Section 148A(b)
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.
