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 Rajkot Remands 12AB Registration Case as Only One Hearing Was Granted

ITAT Deletes ₹18.24 Crore Addition as Corrupted Computer Records cannot Override Audited Books

FAQs on Faceless Income-tax Proceedings

Calcutta HC Grants PMLA Bail as Prolonged Incarceration Outweighed Section 45 Rigours

ITAT Quashes Section 153C Assessment as Satisfaction Note Was Common for Multiple Years

Section 263 Revision Invalid as Mandatory Section 143(2) Notice Was Never Issued

Interest from Overseas Head Office & Branches Not Taxable as It Constitutes Transactions with Self

FAQs on agricultural income taxation (Section 2(1A) and Rule 7)

Trust’s Conference Hall Rental Income Taxable as Business Income: ITAT Delhi

SC Remands Reassessment Cases as AY 2015-16 Notices May Be Time-Barred

ITAT Deletes Section 271D Penalty as AO Failed to Record Satisfaction in Assessment Order

ITAT Deletes 200% Penalty as Consultant’s Error Was a Bona Fide Arithmetical Mistake

Reassessment Invalid as Lower Depreciation Claim Caused No Income Escapement: Gujarat HC

DGCEI Information Cases Exempt from Monetary Limits Under CBDT Circular: Gujarat HC
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.
