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.

ITAT Deletes Demonetisation Cash Deposit Addition as Books of Account Were Accepted

ITAT Allows Gratuity Deduction as Contribution Was Made to Approved Gratuity Fund

ITAT Quashes Section 263 Revision as AO Examined Depreciation Claim During Scrutiny

Section 148 Notice Quashed as Seized Document Had No Link With Taxpayer: Gujarat HC

Calcutta HC Orders Income Tax Refund Release as 20% Disputed Demand Was Already Paid

ITAT Quashes Reassessment as Section 148 Notice for AY 2015-16 Was Time-Barred

ITAT Deletes Section 69C Addition as Source of Expenditure Was Fully Explained

ITAT Restores 12A & 80G Applications as Rejection Was Based on Technical Error

ITAT Delhi Sets Aside Section 271(1)(B) Penalty as Quantum Appeal Was Remanded

Gujarat HC Quashes Reassessment as Alleged Escaped Income Fell Below ₹50 Lakh Threshold

Vivad se Vishwas Benefit Allowed as Assessment Was Based on Survey, Not Search: Gujarat HC

SC Upholds Quashing of TDS Prosecution as Tax & Interest Were Deposited Before Criminal Proceedings

Revenue Appeal Dismissed as Later CBDT Circular Allowed Delay in Filing Form 10B

Section 143(1) Intimation Held Invalid as Scrutiny Proceedings Had Already Begun
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.
