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.
Gujarat HC Quashes Reassessment Due to Vague Loose Papers on NA Land
SC to Decide Whether Dividend Distribution Tax Is Tax on Dividend or Distributed Profits
Consolidated Satisfaction Note for Multiple Years Held Invalid – ITAT Quashes Entire U/s 153C Assessments
Madras HC Upholds Deferred Taxation of Time-Share Fees as Obligations Continued Over Membership Period
Purchase of MHADA Leasehold Tenement Can Attract Section 56(2)(x): ITAT Mumbai
ITAT Deletes Section 68 Addition on Forfeited Loans Already Offered to Tax – Double Taxation Not Permissible
Land Acquisition Compensation Not Subject to TDS in Mediated Settlement: Karnataka HC
Unsigned Digital Reassessment Notices Held Void – ITAT Quashes Entire 147 Proceedings
Multiple Houses Eligible for Section 54 Relief Prior to 01.04.2015: ITAT Delhi
Unsigned Mauritius Financials Sink Section 68 Defence – ITAT Restores ₹6.30 Crore Share Premium Addition
AO Cannot Travel Beyond Scope of Section 263 Directions – ITAT Upholds Deletion of Fresh Additions
Reassessment Beyond 4 Years Quashed – ITAT Says AO Must Specifically Allege Failure to Disclose Material Facts
Depreciation on Amalgamation Goodwill allowable for AYs prior to AY 2021-22
ITAT Slams ‘Sweeping’ 263 Revision – PCIT Cannot Order Fishing Enquiries After Detailed Scrutiny by AO
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.
