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.
Reassessment Quashed as Reasons Recorded Contained Wrong Return Date & Income Figures
Taxation of Co-operative Societies under New Income Tax Act, 2025
Disallowance of Car & Telephone Expenses Deleted as Company Cannot Have Personal Expenses
SC Declines Interference as No Substantial Question of Law Arose on 6% Bogus Purchase Addition
Section 270A Penalty Deleted as Assessed Income Matched Income Declared in Reassessment Return
Form 26A Certificate issuance Cannot Be Directed Without Verification of Statutory Conditions: Delhi HC
Income Tax Notices Quashed as Proceedings Were Initiated Against a Deceased Person
Real Estate Company Not a Shell Entity Merely Due to Low Turnover and Profits
Section 80IB Deduction Cannot Be Reduced by Section 80HHC Deduction During Computation: ITAT Delhi
ITAT Condones 700-Day Appeal Delay as Notices Were Allegedly Sent to Wrong Address
ITAT Restores Appeal as Taxpayer Could Not Respond to SCN Due to Illness
Delhi HC Quashes Reassessment Notice as It Was Issued Beyond Ten-Year Limitation
ITAT Condoned 524-Day Delay as Assessee Was Unaware of Assessment Order
Section 68 Addition Deleted as Revenue Failed to Prove Round-Tripping by Assessee
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.
