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.
No Capital Gains on JDA Execution Without Transfer Under Section 2(47)(v): ITAT Nagpur
Assessment Quashed for Invalid Section 143(2) Notice Issued Without Jurisdiction: ITAT Delhi
Ground Handling Income Taxable in India, Not Exempt Under India-UK DTAA: ITAT Delhi
Interest on Delayed Sales Tax, Service Tax & PF Payments Deductible; TDS Interest Disallowed: Patna ITAT
Bombay HC Quashes Section 154 Demand for Failure to Produce Rectification Order
Section 147 Assessment Set Aside as ITO Lacked Pecuniary Jurisdiction: ITAT Delhi
Invalid Section 143(2) Notices Render Scrutiny Assessments Void: ITAT Delhi
ITAT Delhi Quashes Assessment as ACIT Lacked Jurisdiction to Issue Section 143(2) Notice
Capital Gains on JDA Taxable in Completion Certificate Year, Section 54/54F Relief Allowed: ITAT Bangalore
Section 54EC Deduction Enhanced to ₹1 Crore by Rectifying Tribunal Order: ITAT Pune
Assessment Order Enhaning Addition Without Opportunity Quashed: Bombay HC
Post-Death ITRs Cannot Be Ignored: Karnataka HC Enhances MACT Compensation
Absence of Legal Heir Certificate Alone Cannot Justify Section 68 Addition; ITAT Delhi Reduces GP Estimation
Revised CBDT Monetary Limits Apply to Pending Appeals: Bombay HC
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.
