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.
ITAT Allows 12AB Registration as Wrong Section Code in Form 10AB Was a Clerical Error
ITAT Upholds Section 270A Penalty for Failure to Report Mutual Fund Redemption Gains
Section 50CA Valuation Rejected as Rule 11UA Ignored Unrealizable Assets: ITAT Chennai
CIT(A) Can Remand Best Judgment Reassessment Due to Assessee’s Non-Compliance: ITAT Delhi
Karnataka HC Quashes Assessment as Income Tax Portal Closed Before Approved Deadline
Karnataka HC Disposes Writ as Alternate Remedy U/s. 260A Was Available
ITAT Deletes Section 40(a)(ia) Disallowance as Payments Stayed Below TDS Threshold
ITAT Deletes AMP TP Adjustment as No International Transaction Existed
ITAT Sets Aside 12AB Registration Rejection Due to Absence of Specific Statutory Violation
ITAT Restores Section 10AA Deduction as CPC Withdrew Claim Without Reasons
Calcutta HC Quashes PCIT Order as CBDT Alone Could Decide Form 10-IC Delay for AY 2024-25
Draft Assessment Order Under Faceless Assessment Only for Eligible Assessees: Kerala HC
CIT(A) Cannot Dismiss Appeal for Non-Prosecution as Law Requires Decision on Merits
Delhi HC Quashes Reassessment as Section 148 Notice Was Time-Barred
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.
