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 Assessment Set Aside as AO Failed to Record Year-Wise Satisfaction: ITAT Delhi

ITAT Quashes Section 153C Assessments as Consolidated Satisfaction Note for Multiple Years Was Invalid

ITAT Allows Exemption for BSNL VRS Compensation and Leave Encashment

ITAT Deletes Section 68 Addition as Sale Proceeds Were Realisation of Earlier Investment

ITAT Deletes Demonetisation Addition; Cash Redeposit from Earlier Property Sale Accepted

FAQs on Assessments under Income-tax Law

Entire Sales Receipts Cannot Be Taxed Under Section 69A: ITAT Bangalore

ITAT Deletes Section 69A Addition, Allows Section 80-IA Deduction on Consistency Principle

Taxation of Capital Gain in India – FAQs

ITAT Deletes Cash Deposit Addition as Source Was Prior Bank Withdrawals

Accepted Sales Sufficient; Debtor Confirmations Not Mandatory: ITAT Deletes Demonetisation Additions

Carry Forward and Set Off of Losses with FAQs

ITAT Bangalore Deletes Bonus Disallowance, Penalty as CIT(A) Ignored Evidence

Clubbing of Income under Income Tax Act, 1961 with FAQs
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.
