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.
Section 263 Invalid as PCIT Acted on AO’s Reference Without Independent Review: Calcutta HC
₹8.44 cr Section 69A Addition Deleted Due to Incorrect Bank Account Information
Delay Condoned as Limitation Counted from Order Receipt Date, Not Order Date: ITAT Mumbai
Section 68 Addition Fails as Purchaser Confirms Cash Payment: ITAT Mumbai
ITAT Delhi Quashes Assessment Due to Invalid Manual Scrutiny Selection
Writ Petition Dismissed as Dispute Involves Questions of Fact in Assessment Challenge
No Reduction of 80-IA Deduction in 80HHC Computation Where Profits Are Distinct: Calcutta HC
Technical Delay in Form 10B Filing Not a Ground to Deny Tax Exemption: Madras HC
ITAT reduces Section 271(1)(b) Penalty by 50% on Consensus Basis
Failure to attach audited accounts with Form 10B: ITAT Allows Exemption Claim
80G & 12AB Registration Cannot Be Denied for Non-Commencement of Hospital
ITR-4 Sugam: End of Blind Presumptive Compliance?”
Interest Income Linked to Project Development Activities is Not Taxable: ITAT Delhi
Silent Shift in Tax Audit Triggers: Section 63 vs Section 44AB
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.
