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.
Reassessment Time-Barred Despite TOLA & Ashish Agarwal: ITAT Upholds Quashing
Voice Termination Charges Not Royalty Due to Absence of Secret Process Under DTAA
Mass Relief on 234E Fees: ITAT Deletes Levy for Pre-01.06.2015 Period
Penalty Deleted as AO Failed to Specify Exact Section 271(1)(c) Charge: Delhi HC
Penalty Quashed as Notice Failed to Specify Exact Section 271(1)(c) Charge: ITAT Raipur
DVO Valuation Without Notice Invalid: Matter Remanded for Fresh Determination
Section 56(2)(x): Stamp Value on Booking Date to Apply – ITAT Deletes Addition
Past Savings Accepted: Small Cash Introduction Cannot Be Treated as Unexplained
Reassessment for AY 2015-16 Time-Barred – ITAT Quashes Entire Penny Stock Addition
No Penalty on Estimated Bogus Purchases: ITAT Deletes U/s 271(1)(c) Levy
Concise Manual for Non-Profit Organizations under Income Tax Act 2025
On-Money Addition Based on Excel Sheet Deleted: No Corroborative Evidence
Section 68 Additions Fail: Documentary Evidence Cannot Be Ignored Without Enquiry
Commission Disallowance Remanded – 133(6) Non-Response Not Sufficient; Ad-hoc Expenses Cut to 10%
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.
