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.
Omitted ₹2 Lakh PPF & NPS Deductions Can Be Claimed in Appeal Subject to Verification: ITAT Agra
Third-Party Excel Sheet Without Corroboration Cannot Sustain Section 69A Addition: ITAT Agra
AY 2015-16 Reassessment Time-Barred; ₹3.27 Crore Additions Fall as ITAT Quashes Proceedings
Documentary Evidence Explains Cash Deposits; ₹3.22 Lakh Section 69A Addition Deleted: ITAT Bangalore
₹11.65 Lakh Cash Deposit Explained; Section 115BBE Inapplicable to AY 2011-12: ITAT Bangalore
Higher Demonetisation Cash Sales Cannot Justify Section 68/69A Additions: ITAT Agra
₹5.18 Crore Ex-Parte Assessment Remanded for Fresh Adjudication: ITAT Agra
Own Funds Exceed Investments & Advances: ITAT Deletes ₹30.58 Lakh Interest & TP Additions
No Addition on Reopening Ground Makes Reassessment Invalid: ITAT Agra
BSNL VRS-2019 Compensation Fully Exempt Under Section 10(10B): ITAT Ahmedabad
7-Month Delay in Section 54F Flat Purchase Condoned Due to COVID: ITAT Agra
CIT(A) Must Decide Tax Appeal on Merits Despite Non-Compliance: ITAT Chandigarh
Omitted Gratuity and Leave Encashment Exemption Claims Require Merits Examination: ITAT Chandigarh
₹33.50 Lakh Section 154 Addition Remanded for Fresh Hearing: ITAT Jaipur
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.
