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 153C Assessments for AYs 2011-12 and 2012-13 Quashed as Time-Barred: ITAT Delhi
CIT(A) Cannot Treat Documents on Record as Not Furnished: ITAT Delhi
Allahabad HC Sets Aside Section 69A Addition Based on Transactions of Wrong Financial Year
20% Tax Demand Deposit Not Automatic Ground to Reject Stay Application: Allahabad HC
Section 54F Claim Can Be Raised Before ITAT Even If Not Claimed in Return: ITAT Hyderabad
Co-op Bank Interest Eligible for Section 80P(2)(d), but Deduction Capped at Original Claim
CIT(A) Cannot Dismiss Appeal for Non-Prosecution Without Deciding Merits: ITAT Pune
Section 234E Late Fee for FY 2012-13 Invalid Despite Correction Statement Processed in 2021: ITAT Pune
PCIT Cannot Mechanically Reject Delayed Revised ITR Refund Claim: Punjab & Haryana HC
Wrong Section 151 Authority Approval Invalidates Reassessment Notice: Bombay HC
₹1.49 Crore Land Acquisition Interest: A Possible View Cannot Be Revised Under Section 263
BSNL VRS-2019 Compensation Exempt u/s 10(10B) as Retrenchment Compensation: ITAT Pune
Belated Form 10: ITAT Directs Condonation Route for ₹4.47 Crore Accumulation Claim
₹11.20 Crore Sundry Creditors Need Fresh Examination When Purchases Are Accepted: ITAT Ahmedabad
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.
