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 148 Reassessment Based on Pre-2021 Third-Party Search Material Invalid; Section 153C Mandatory: ITAT Kolkata
Section 148 Notice Issued Beyond First Proviso to Section 149 Time Limit Quashed: ITAT Mumbai
Section 148 Reassessment Invalid Where Full Reasons Were Not Supplied & Sole Basis Was Retracted: Bombay HC
Section 80G Deduction on Eligible CSR Donations Cannot Be Denied Solely Due to CSR Nature: ITAT Mumbai
Free Income Tax Tool for FY 2025-26: Compare Regimes & Prepare ITR
Assessment Without SCN on Proposed Additions Violates Natural Justice: Gujarat HC
Assessment Without SCN Violates Natural Justice: Madras HC
Captive Service Provider Entitled to Risk Adjustment; Nil ALP for Proven Intra-Group Services Rejected: ITAT Delhi
Section 80G Approval Cannot Be Denied on Technical Limitation Grounds: ITAT Surat
ITAT Deletes Section 271AAB Penalty as SCN Not Specified Statutory Charge
Bombay HC Quashes Faceless Assessment as Mandatory SCN Was Not Issued
No TDS on IFSC Aircraft Lease Rent Subject to Form 1(N): CBDT
Karnataka HC Quashed Reassessment as It Was Based on Mere Change of Opinion
Section 14A Disallowance Remanded as AO Failed to Compute Actual 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.
