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 Delhi allowed Section 115BAA Benefit despite Delay in Form 10-IC

ITAT Delhi Quashes Reassessment as ACIT Lacked Jurisdiction Under CBDT Income Limits

TP Adjustment Quashed as Benefit Test Cannot Justify NIL ALP After Service Receipt Is Established

ITAT Remands Section 270A Penalty Case if Quantum Appeal Was Still Pending

ITAT Deletes Section 69 Addition for YEIDA Payments Explained Through NBFC Funding

ITAT Quashes Reassessment as Reopening Was Based Solely on Borrowed Satisfaction

ITAT Delhi Deletes Section 44BB Addition as Revenue Failed to Establish PE in India

Non-Realization of Sale Consideration Cannot Delay Capital Gains Tax: ITAT Ahmedabad

Cash Payments for Paddy Purchase Allowed as Transactions Fell Under Rule 6DD Exceptions

Reassessment Order Set Aside Despite Service at PAN Address as Effective Hearing Was Not Granted

ITAT Deletes Unexplained Investment Addition as Payments Were Fully Traceable Through Banking Channels

ITAT Deletes Section 68 Addition as No Share Capital Was Received During the Year

ITAT Delhi Allows Bad Debt Deduction as Valid Book Write-Off Is Sufficient

ITAT Kolkata Deletes Interest Disallowance as AO Exceeded Scope of Limited Scrutiny
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.
