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.
Search Assessment Notices Quashed as They Fell Beyond Ten-Year Block Period: SC
ITAT Quashes Assessment as Final Order Was Passed Beyond Section 144C(13) Time Limit
ITAT Grants Relief on Corporate Guarantee, R&D; Disallows Doctors’ Freebies
Delhi HC Dismisses Assessment Passed Beyond Section 144C Time Limit
ITAT Quashes Assessment as Jurisdiction Was Not Validly Transferred Under Section 127
Allahabad HC Dismisses Revenue Appeal as Section 148 Notice Was Issued Without Jurisdiction
ITAT Deletes Section 271D Penalty as AO Did Not Record Satisfaction
ESOP Deduction to Be Computed on Straight-Line Basis: ITAT Delhi
ITAT Quashes Assessment as Jurisdictional AO Failed to Issue Mandatory Section 143(2) Notice
Gujarat HC Upholds 6% Addition as Bogus Purchase Estimation Was Based on Concurrent Findings
Gujarat HC Upholds 5% Bogus Purchase Addition for Lack of Independent Enquiry
ITAT Deletes Section 68 Addition as Loan Was Repaid Before Assessment
ITAT Deletes TP Adjustment as Fixed Assets Written Off Were Not Operating Costs
Bombay HC Rejects Section 263 Revision as AO Conducted Necessary Inquiry
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.
