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.
Calcutta HC Dismisses Revenue Appeal as Section 115JB Not Apply to AY 2011-12
ITAT Allows Additional Depreciation on Dumpers as They Form Part of Plant & Machinery
Section 148 Notice quashed as Issuing Officer Had No Pecuniary Jurisdiction: ITAT Delhi
Reassessment Quashed as AO Failed to Decide Objections Before Assessment
Delhi HC Allows Fresh Vivad Se Vishwas Application as Assessment Order Existed Despite Interim Stay
Reassessment Quashed as Third-Party Loose Papers Had No Live Link with Assessee: Gujarat HC
Gujarat HC Quashes Reassessment as Reopening Was Based on Unverified Complaint
Sales Tax Remission Is Capital Receipt as It Promoted Industrial Expansion: Calcutta HC
ITAT Allows Leave Encashment Deduction as Payment to Insurer Was Actual Business Expenditure
Reassessment Quashed as Proceedings Initiated After 17 Years Were Time-Barred: Orissa HC
Section 80-IA Deduction Reopening Set Aside as Enterprise Was Incorrectly Identified
SC Refuses Hearing on Creamy Layer for North-East ST Income-Tax Exemptions
Non-Disclosure of Tally Data and Forensic Report Violates Natural Justice: ITAT Kolkata
Bombay HC Quashes Reassessment Notices as Sanction Was Obtained Under Wrong Provision
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.
