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.
Entry Operator’s Shadow Cannot Erase a Genuine Loan: ₹1.40 Crore Addition Deleted by ITAT Delhi
Delayed Registration Cannot Alone Defeat Section 54B Exemption: ITAT Ahmedabad
Political Donation Withdrawal Does Not Automatically Justify Section 270A Penalty: ITAT Ahmedabad
Cash Withdrawn and Re-Deposited Cannot Be Taxed on Mere Assumptions: ITAT Ahmedabad
Khadar Land Valuation and Section 69 Addition Remanded: ITAT Agra
20% Profit Estimate Cut to 8% for Spare Parts Business: ITAT Cuttack
₹29.34 Crore Cryptocurrency Additions Remanded for Speaking Order: ITAT Agra
Mechanical Section 151 Sanction Invalidates Reassessment: ITAT Agra
Mechanical Section 151 Approval Invalidates Reassessment: ITAT Agra
Mechanical Section 151 Approval Invalidates Reassessment Proceedings: ITAT Agra
Section 69C Addition Needs Proof of Actual Unexplained Expenditure: ITAT Hyderabad
Cost-to-Cost Secondment Reimbursement Needs No Transfer Pricing Mark-up: ITAT Hyderabad
Vague Charges Under Sections 271(1)(c), 270A and 271AAB Invalidate Penalties: ITAT Hyderabad
AO Cannot Abruptly Replace DCF With NAV for Share Valuation: ITAT Hyderabad
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.
