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 Appeal Condoned Due to Genuine Lack of Awareness by Senior Citizen Assessee
Addition of Entire Bank Credits: ITAT Allows Fresh Hearing Due to Violation of Natural Justice
Undisclosed Income Additions Quashed as Revenue Failed to Corroborate Diary Entries
Section 80P Deduction Allowed as Bank Interest was Attributable to Business of Credit Society
Delhi HC Quashes 9-Year-Delayed Tax Notice Due to Lack of Proper Service
SC Upholds Non-Taxability of Online Platform Income Due to Failure of ‘Make Available’ Test
Online Platform Income Not Taxable as FTS Due to Failure of ‘Make Available’ Test: Delhi HC
SC Dismisses Tax Department Appeal Due to Delay, Upholds Quashing of Reassessment Notice
Reassessment Notice Quashed Due to Incorrect Assumption of Share Transfer: Delhi HC
₹9.32 Cr Cash Deposit Addition remanded Due to Lack of Verification by Tax Authorities
BSNL VRS Compensation Fully Exempt Due to Retrenchment Character of Scheme: ITAT Pune
Reassessment Beyond 10-Year Limit Invalid: Gujarat HC Quashes Notice for AY 2012-13
SC Dismisses Appeal Due to Delay: IBC Resolution Plan Prevails Over Tax Filing Delay
Unrealized MTM Gains on Forward Contract Not Taxable before maturity: Kerala 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.
