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 2.0: New Tax Notice Playbook Every Tax Professional Must Decode
ITAT Delhi Deletes Capital Addition as No Liability Cessation Was Proved
ITAT Quashes Assessment Due to Non-Supply of Search Material
Third-Party Loose Papers Cannot Justify Addition Without Cross-Examination: ITAT Delhi
Section 56(2)(x) not Apply to Redevelopment Flats as Transaction Is Exchange of Existing Rights
Bombay HC Quashes Reassessment Due to Approval by Wrong Authority
Assessment Quashed as Returned Income Exceeded Monetary Limits of ITO Jurisdiction
ITAT Surat Upholds Bogus LTCG Addition on Sunrise Asian Penny Stock, Applies ‘Human Probability’ Test
Notional Rent from Sister Concerns Taxable as ‘Other Sources’: ITAT Mumbai
ITAT rejected TPO’s recharacterisation of Boeing India as Full-Risk entity in technical services arrangement
Section 80GGC Deduction Denied Due to Suspicious Political Donation
ITAT Deletes Section 68 Addition Because Cash Deposits Were Supported by Recorded Sales
ITAT Deletes Section 270A Penalty Due to Defective Notice and Bona Fide Reliance on Form 16
ITAT Deletes Addition as WhatsApp Chats Lacked Section 65B Certification
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.
