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 68 Addition Deleted as Creditworthiness of Lenders Was Properly Established
ITAT Ahmedabad Quashes Addition as AO Exceeded Limited Scrutiny Scope
ITAT Quashes Assessment as Section 143(2) Notice Was Issued by Non-Jurisdictional AO
ITAT Quashes Assessment as Jurisdictional AO Never Issued Section 143(2) Notice
ITAT Quashes Assessment as E-Proceedings Order Was Signed Manually Instead of Digitally
Assessment Held Time-Barred as AO Failed to Comply with Mandatory DRP Timeline
ITAT Quashes Assessment as Final Order Was Passed Beyond Section 144C Limitation
Revenue Appeal Dismissed as Assessment Order Exceeded Mandatory Section 144C Time Limit
Delhi HC Deletes Section 68 Addition as Revenue Failed to Link Cash Deposit to Assessee
Delhi HC Dismisses Section 68 Appeal as Revenue Failed to Show Findings Were Perverse
SC Upholds Section 68 Relief as Concurrent Findings Were Not Perverse
Ahmedabad ITAT Quashes Reassessment Beyond Four Years as Mere Change of Opinion; Deletes ₹1.33 Crore Disallowance Under Section 37(1)
Gujarat HC Dismisses Section 68 Appeal as Assessee Discharged Initial Burden
Ahmedabad ITAT Condones 1,701-Day Delay, Grants BSNL VRS Exemption and Orders Income Tax Refund
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.
