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 270A Penalty Deleted as Bombay HC Quashed Section 148 Reassessment Notice: ITAT Mumbai
Consistent Stock Valuation Without Book Rejection Cannot Be Altered: ITAT Kolkata
Section 69A Addition Deleted as AO Relied Only on Investigation Report: ITAT Mumbai
Voluntary Income Disclosure in ITR Does Not Attract Section 271(1)(c) Penalty: ITAT Jaipur
No Section 271(1)(c) Penalty on Estimated Bogus Purchases Addition: ITAT Jaipur
Section 270A Penalty Deleted as Expense Disallowance Is Not Misreporting: ITAT Bangalore
Maintenance Charges for Amenities Under Separate Agreements Are Business Income: ITAT Delhi
ITAT Condones 233-Day Delay, Restores Appeal on ₹53.24 Lakh LTCG Addition
Section 14A r/w Rule 8D Disallowance Unsustainable Without Exempt Income: ITAT Delhi
Section 69 Addition Cannot Rest Solely on Uncorroborated Third-Party Excel Sheet: ITAT Agra
GST Component in Turnover Reconciliation Defeats Section 68 Addition: ITAT Delhi
Income Estimation Without Rejecting Books of Account Unsustainable: ITAT Kolkata
Section 44ADA Eligibility Conditions & Compliance Requirements
I Invest in US Stocks & Gold ETFs: How Are They Taxed on Sale?
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.
