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.
Chennai ITAT Quashes Reassessment – Notice u/s 148 Beyond 3 Years Needs PCCIT Approval, Not PCIT Approval
Hyderabad ITAT Quashes Assessment on Dead Person – Participation by Legal Heir Cannot Cure Jurisdictional Defect
Corpus & Deemed Corpus Donation for Registered Non-Profit Organisations
Calcutta HC Upholds Section 263 Revision as AO Failed to Examine Allocation of Head Office Expenses
ITAT Quashes Reassessment as AO Changed Reason from Fake Loan Entries to Penny Stock LTCG
Criminal Case Quashed as Former Director Had Resigned Before ITR Filing Default
Section 69A Addition Cannot Survive Merely on Ground That Explanation Was an Afterthought: ITAT Delhi
Routine Administrative Workload Cannot Justify Delay in Filing Appeal: ITAT Bangalore
Income Tax Penalty Matter Restored as Quantum Appeal Was Still Pending Before CIT(A)
ITAT Deletes Duplicate Capital Gains Addition Due to Amended Sale Deed Error
Assessment Upheld as Material Seized in Search Can Be Used Even if Search Is Later Challenged
Kerala HC Upholds Rejection of Delayed Income Tax Refund Claim Due to Five-Year CBDT Limit
CPC Cannot Change AOP Status to Co-operative Society in ITR Processing: ITAT Ahmedabad
Madras HC Upholds Prosecution for Wilful Tax Default Under Section 276C(2)
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.
