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.
Assessment Orders Quashed for Jurisdictional Defects in Reassessment & Search Proceedings: ITAT Delhi
Section 143(3) Assessment Cannot Continue After Section 132 Search: ITAT Delhi
Section 56(2)(x) Cannot Tax Redevelopment Flat Before Possession: ITAT Mumbai
Section 69 Additions Unsustainable on Uncorroborated Ledgers: ITAT Delhi
Reassessment Quashed as Section 153C, Not Section 147, Applied: ITAT Ahmedabad
Delhi HC Upholds Deletion of Addition Based on Uncorroborated Third-Party Search Material
Section 271(1)(c) Penalty Quashed as No Satisfaction Recorded for PF Disallowance: ITAT Delhi
Late Tax Audit Report Filing Mere Technical Breach, Section 271B Penalty Deleted: ITAT Chennai
Expatriate Salary Paid by HO Allowed as Business Deduction Under DTAA: ITAT Mumbai
Reassessment Quashed for Invalid Section 151 Sanction by Incompetent Authority: ITAT Mumbai
Search-Based Information Cannot Be Used for Section 147 Reassessment: ITAT Mumbai
No DAPE Where Indian AE is at Arm’s Length: Bangalore ITAT
Reassessment Beyond Three Years Quashed as Escaped Income Was Below ₹50 Lakh: ITAT Hyderabad
ITAT Chennai Deletes Addition Based Solely on Third-Party Statement in Reopened Assessment
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.
