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.
Delay in Filing Form 10DA is Procedural – 80JJAA Deduction Cannot Be Denied: ITAT Pune
ITAT Pune: Interest on Bank Deposits Not Covered by Mutuality; Only Proportionate Expenses Allowed
Income Tax Assessment Quashed Due to Invalid Notice by Officer Lacking Pecuniary Jurisdiction
ITAT Mumbai: Reopening Invalid on Change of Opinion-No Fresh Material, Assessment Quashed
Appeal Cannot Be Dismissed for Non-Payment of Advance Tax When No Taxable Income Exists
Deemed Dividend Upheld, But AO Directed to Recompute After Interest Adjustment: ITAT Pune
Can WhatsApp Chats Alone Justify Tax Additions? Tribunal Says No
Reassessment Quashed Due to Reliance on Unverified Third-Party Digital Evidence
Procedural Lapse Cannot Deny U/s 12A Registration: ITAT Pune
ITAT Mumbai: Second Reopening Based on Same Material Is Invalid-Change of Opinion Not Permissible
ITAT Mumbai Allows Actuarial Provisions for Employee Benefit Schemes; Deletes Major Disallowances on Expense Provisions
ITAT Mumbai: Sec 14A Disallowance Cannot Exceed Exempt Income-Addition Restricted
ITAT Mumbai: Reopening Invalid Without Proper Sanction-Approval by Wrong Authority Vitiates Entire Proceedings
ITAT Mumbai: Interest from Co-Operative Banks Eligible U/s 80P(2)(d)-Consistency Principle Applied
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.
