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.

Telangana HC Dismissed Income Tax Writ Due to Alternate Remedy

ITAT Upholds Denial of Section 80GGC Deduction for Donations to Alleged Accommodation Entry Political Party

SBI Wins LTC TDS Dispute: No Assessee-in-Default When Bank Followed High Court Orders

No TDS Default Where Court Barred Deduction: Kerala HC

No TDS Default for Following High Court Order: ITAT Agra

ITAT Delhi Deletes Demonetisation Addition for Cash Sales Already Offered to Tax

Demonetisation Deposits in Credit Society Members’ Accounts Not Taxable: ITAT Bangalore

ITAT: Profit Cannot Be Estimated Arbitrarily Merely Because Books Were Not Produced

Subsequent SC Judgment Cannot Reopen Final Decisions: Gauhati HC

Income Tax Notice Invalid for Failure to Follow Faceless Assessment Procedure

Telangana HC Quashes Reassessment Notices Due to Jurisdictional Defect in Proceedings

Denial of Section 11 Exemption Doesn’t Trigger Section 115BBE: ITAT Mumbai

Mumbai ITAT Deletes ₹23.98 Crore Section 68 Addition: Proved Share Capital Cannot Be Taxed as Unexplained Cash Credit

ITAT Quashes Reassessment: Approval from PCIT Instead of PCCIT Proves Fatal
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.
