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 Hyderabad Remands ₹1.45 Crore Foreign Bank Credit Addition for Fresh Adjudication

Fresh Assessment Cannot Exceed Scope of Section 263 Directions: Allahabad HC

Mumbai ITAT Deletes Section 69A Cash Redeposit Addition Based on Mere Suspicion

Finance Minister Outlines 5Rs of Responsive Tax Governance

Schedule FA Reporting for Indians holding US Stocks through apps

Minor’s Partnership Income Cannot Be Clubbed for Pre-April 1976 Period: Patna HC

ITAT Chandigarh Deletes GP Addition; Rejects Audited Book Rejection Without Specific Defects

Section 68 Inapplicable to Cash Deposits from Recorded Jewellery Sales: ITAT Jaipur

ITAT Delhi Deletes Addition on Closing Cash-in-Hand Backed by Bank Withdrawals

Section 69A Inapplicable to Cash Deposits Recorded in Books: ITAT Visakhapatnam

Recorded Sales Cannot Be Taxed Again Under Section 69A: ITAT Chandigarh

Gifting Money to Your Spouse? Your ITR May Reveal More Than Ever

Chennai ITAT Deletes Section 271D Penalty on Cash Property Sale Consideration

Chennai ITAT: 80G Approval Cannot Be Denied Without Verifying Religious Expenditure
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.
