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.
Occupancy Certificate Not Starting Point for Indexation: Bangalore ITAT Allows Benefit From Actual Use Date
Delhi ITAT Deletes Penny Stock Addition Over Lack of Inquiry & Cross-Examination
Section 271D Penalty Cannot Survive After Reassessment Itself is Quashed: Mumbai ITAT
Entire Time-Share Membership Fee Cannot Be Taxed in Year of Receipt: Madras HC
ITAT Quashes Reassessment over Incorrect PAN & for Non-Consideration of Reply
Wholesale & Retail Markets Cannot Be Treated Alike for TP Benchmarking: ITAT Delhi
Bombay HC Quashes Section 271-D Penalty as Quantum Appeal Was Pending
Capital Gains Addition Cannot Stand When Property Sale Is Under Civil Dispute: ITAT Ahmedabad
Participation in Reassessment Proceedings Cannot Cure Section 143(2) Notice Absence: ITAT Nagpur
Calcutta HC Quashes Reassessment Notice as Amended Section 149 Limitation Applies Retrospectively
ITAT Allows Vivad Se Vishwas Settlement as Wrong Appeal Was Withdrawn by Bona Fide Mistake
Unsigned Affidavit Can’t End Appeal: ITAT Directs CIT(A) to Allow Defect Correction
Death of Assessee & Missing Records: Mumbai ITAT Limits Bogus Purchase Addition to 8% Profit Element
Has Income-tax Act, 2025 Replaced Income-tax Act, 1961?
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.
