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.
608-Day Delay Condoned Due to Bona Fide Section 264 Revision Pursuit: ITAT Mumbai
34-Day ITR Delay for Section 80P Deduction Condoned: Punjab & Haryana HC
Returned Income Above Rs. 20 Lakh Puts Case Beyond ITO Jurisdiction: ITAT Mumbai
Loan Recovery Suit Cannot Be Rejected Where TDS Extends Limitation: Delhi HC
Bhanwarlal Jain Investigation Alone Cannot Sustain ₹2 Crore Addition: ITAT Mumbai
Stock Exchange Penalties for Procedural Lapses Allowable as Business Expenditure: ITAT Mumbai
R&D Building Cost Eligible for Section 35(1)(iv) Deduction: ITAT Mumbai
22-Day Delay in Form 10B Filing Does Not Bar Section 11 Exemption: ITAT Panaji
Post-Assessment Satisfaction Cannot Sustain Section 271D/271E Penalty: SC
Section 271E Penalty Requires AO Satisfaction in Reassessment Order: Rajasthan HC
Third-Party Search Material Requires Section 153C, Not Section 148: Gujarat HC
SC Upholds Rajasthan High Court’s Differential KVSS Refund Treatment
Fungible Jewellery Stock Allows Telescoping of Excess Against Shortage: ITAT Chandigarh
VCF Trust Registration Covers Separate Schemes for Section 10(23FB): Bombay HC
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.
