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.
Assessment Order Quashed as 3-Hour Notice for Video Hearing Violated Natural Justice
ITAT Grants Full TDS Credit Despite Employer’s Failure to Deposit Tax
FAQs on interest under section 234A, 234B, 234C and 234D
ITAT Deletes Bogus LTCG Addition on Green Crest Shares; Suspicion Cannot Replace Evidence
TDS Under Section 194J Upheld for Coaching Institute Faculty
Bad Debt Deduction Allowed as Effective Write-Off Need Not Close Debtor Account
No Section 270A Penalty if AO Did Not Specify Under-Reporting or Misreporting
ITAT Deletes Section 56(2)(x) Addition Due to Prior Property Agreement
ITAT Quashes Section 153C Assessment Due to Lack of Independent Satisfaction
ITAT Deletes Section 69 Addition as Seized Loose Sheet Was a Dumb Document
Section 279 TDS Default Prosecution Approval Quashed as Reasons Were Not Recorded
ITAT Remands Appeal Due to Invalid Service of Hearing Notices
FAQs on intimation under section 143(1) of Income Tax Act, 1961
Mumbai ITAT Deletes Section 270A Penalty on Estimated Income and Defective Show-Cause Notice
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.
