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.
ITAT Visakhapatnam Quashes Reassessment as Section 148 Notice Time-Barred
Section 12AB and 80G Renewal Not Granted: What Are the Legal Remedies?
ITAT Bangalore remands addition U/s 69A on alleged bogus agricultural income; directs fresh verification of evidence
TDS Demand Pending Due to PAN–Aadhaar Non-Linking: What to Do?
ITAT Bangalore: Co-op SBN deposits not per se unexplained; Sec 68 remanded
ITAT Mumbai rejects 8% estimation for non-audit u/s 44AB; adopts 2.5% profit based on assessee’s offer
ITAT Mumbai deletes ₹21.99L Sec 69B addition; third-party statement without cross-examination held invalid
Deduction u/s. 80G not deniable merely because payment forms part of CSR expenditure
Revision u/s. 263 not sustained as possible alternative view taken by AO
Capital Payment for Land Purchase Cannot Be Disallowed Under Section 40A(3): ITAT Nagpur
Late Filing of Return Does Not Bar Section 80P Deduction for Pre-2018 AYs: ITAT Mumbai
Section 272A(1)(d) Penalty Deleted as Assessment Completed U/s. 143(3) Despite Non-Compliance
Section 87A Deduction Allowed as Income Below Rs 7 Lakh Despite Computation Errors
Addition Based on Third-Party Software Data Invalid Without Cross-Examination: ITAT Mumbai
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.
