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.

Section 148 Notice by Officer Lacking Jurisdiction Is Void Ab Initio: ITAT Delhi

CIT(A) Cannot Remand Assessment Under Section 147: ITAT Visakhapatnam

ITAT Hyderabad Remands Appeal After Denial of Requested Virtual Hearing

Pune ITAT: BSNL VRS-2019 Compensation Exempt Under Section 10(10B), Not 10(10C)

Section 14A Applies to Dividend Income but Deletes Disallowance for Lack of Nexus: SC

Demerged Company Must File Revised ITR Based on Revised Audited Accounts: Madras HC

No Section 270A Penalty After Quantum Assessment Quashed: ITAT Chennai

No Section 270A Penalty for Bona Fide Inadvertent Section 35D Claim: ITAT Bangalore

Pune ITAT Remands Agricultural Income Addition for Verification After Land Records Produced

Section 292A Bars Probation for Income Tax Offences: Allahabad HC

Revised Return Doesn’t Bar Capital Loss Carry Forward if Original Return Was Timely: ITAT Bangalore

Section 148A Proceedings Invalid for Failure to Supply Information & Material: ITAT Kolkata

Schedule FA Reporting for Foreign Stocks: Common Compliance Challenges

ITAT Quashes Section 270A Penalty for Failure to Specify Misreporting Clause
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.
