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.

Bangalore ITAT Grants Relief as Revised Form 10 Filed Before Assessment Saved ₹1.44 Cr Claim

Delhi ITAT Upholds Quashing of Time-Barred Section 153C Assessment Beyond 10-Year Limit

Mumbai ITAT Condoned 13-Year Delay, Gives Housing Society Fresh Chance for 80P Claim

ITAT Deletes Section 69A Addition: No Bank Enquiry, No Basis to Treat ₹50 Lakh as Cash Loan

Deemed Dividend Classification Automatically Triggers Section 10(34) Exemption: ITAT Mumbai

Delhi ITAT Quashes Reassessment Over 1st April Service Under New 148A Regime

No Cross-Examination & Retracted Statement Can’t Sustain Cash Loan Allegation: Mumbai ITAT Deletes Section 69 Addition

Section 68 Addition Can’t Survive Merely on ‘Accommodation Entry’ Allegation: ITAT Mumbai

80IA Deduction on ‘Other Sources’ Income Only if Nexus With Industrial Undertaking Proven: ITAT Bangalore

DVO Estimate Alone Not Enough for Unexplained Investment Addition: ITAT Bangalore

Printing & Sale of Books Qualifies as ‘Education’: ITAT Restores Section 11 Exemption

WhatsApp Chats & Estimates Alone Insufficient in Unabated Search Case: ITAT Deletes On-Money Addition

HC Upholds ITAT Remand for Fresh Cash Flow Verification in Share Premium Addition u/s 68; Human Probability Test Not Enough

Income Tax Appeal Rejected Due to Low Tax Effect & Lack of Exceptional Circumstances
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.
