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.
SC Refuses to Disturb HC Decision Quashing Income Tax Search Over Invalid Satisfaction Note
Bombay HC Quashes Income Tax Search Due to Lack of Valid Reason to Believe
ITAT Rejects Addition Based on Excel File Entries Due to Lack of Direct Evidence
ITAT Deletes ₹6 Cr Addition as Share Sale Transactions Were Through Banking Channels
ITAT Allows Section 54B Exemption as Agricultural Land Was Purchased Within Statutory Time Limit
Mere Search Allegations Against Lender Cannot Make Every Loan Bogus: ITAT Mumbai
ITAT Deletes ₹9.59 Crore Addition U/s 41(1) – Liability Cannot ‘Cease’ When Creditor Itself Confirms Amount Receivable
Mumbai ITAT Quashes AY 2015-16 Reassessment as Time-Barred – Revenue’s Own Concession in Rajeev Bansal Proves Fatal
Fire Safety Certificate Not Mandatory for U/s 12AB Registration – ITAT Restores Charitable Trust’s Approval Matter
Role of Income Tax Act in curbing Tax Evasion through Shell Companies
Nominal Members Do Not Defeat Section 80P Deduction- Bang ITAT Grants Relief to Co-operative Society
ITAT Quashes TP Assessment Orders as Consequential Orders Were Passed Beyond Limitation Period
CIT(A) Cannot Order Protective Reopening for Different Assessment Year: ITAT Lucknow
Section 68 Addition Deleted – ITAT Says Investigation Wing Report Alone Cannot Prove Bogus Share Capital
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.
