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 Mumbai Sets Aside Assessment as Adequate Hearing Opportunity Was Not Granted
ITAT Remands Section 80GGC Claim as Political Donation Verification Was Incomplete
ITAT Quashes Section 153A Assessment as AY 2010-11 Fell Outside Ten-Year Block Period
CSR Donations Eligible for Section 80G Relief as Section 37 Disallowance Does Not Bar Chapter VI-A Deduction
ITAT Rejects Blanket Bogus Purchase Disallowance as Sales & Stock Records Were Accepted
ITAT Deletes Black Money Act Penalty Due to Bona Fide Schedule FA Omission
Advance Tax Payment Not Shield from Penalty for Concealment of Capital Gains: Madras HC
Loan Addition Sent Back to AO as Repayment Documents Required Verification
Bombay HC Quashes Section 271D Penalty as Issue Was Already Covered by Earlier Rulings
ITAT Upholds Section 154 Rectification as TOLA Extended Limitation for Rectification Proceedings
ITAT Quashes Reassessment as Section 148 Notice Was Issued After Limitation Expiry
ITAT Deletes Section 68 Addition as AO Relied Only on Past Accommodation Entry Allegations Without Direct Evidence
Rajasthan HC Dismisses GST Writ as Effective Statutory Appeal Remedy Was Available
ITAT Allows Delay Condonation as Rectification Application Remained Pending for Years
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.
