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.

Cheque Payments & Confirmations Not Enough; Gujarat HC Confirms Section 68 Addition

Income Tax Appeal Against Inadequate Sentence Not Maintainable: Karnataka HC

Bombay HC Sets Aside Income Tax Jurisdiction Transfer Due to Absence of Specific Reasons

Section 263 Revision Quashed as AO Adopted a Possible View on Section 80IA Deduction

Gujarat HC Quashes Reassessment Notice Issued Beyond Surviving Limitation Period

Section 50C Applies to Transfer of Land to Govt-Linked Housing Society; ITAT Upholds Section 263 Revision

ITAT Upholds SEB Consumer Tariff for Section 80-IA Deduction on Captive Power Transfers

ITAT Dismisses Appeal as No Grievance Arose From Section 143(3) Assessment Order: ITAT Delhi

ITAT Chennai Remands Section 12AB Registration as ITBA Portal Notice Was Not Valid Service

CSR Donation Eligible for Section 80G Deduction as Income Tax Act Contains No Express Bar

ITAT Condoned 375-Day Appeal Delay as Kidney Treatment Prevented Timely Filing

AIF Exemption Cannot Be Denied Without Proper Income Characterisation: ITAT Chennai

CSR Donation Eligible for Section 80G Deduction: ITAT Delhi

ITAT Delhi Deletes Section 69A Addition as Director Was Not Owner of Cash
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.
