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 Revision Quashed as AO Order Not Erroneous or Prejudicial: ITAT Pune
ITAT Mumbai Invalidates Reassessment as Bogus Purchases Not ‘Asset’ Under Section 149
ITAT Deletes Addition Based on AIR Property Data as Assessee’s Evidence Remains Unrebutted
ITAT Allows 10% Safe Harbour on DVO Valuation Due to Estimation Nature of Property Values
Procedural Lapse Cannot Override Substantive Claim: ITAT Allows Depreciation Correction
United Spirits Case: Remand in TP Case Does Not Extend Section 153 Limitation
Income Tax Dept Flags Benami, Foreign Asset and TDS Cases for Action
Income Tax Dept Flags High-Risk Cases for Reassessment Under New Strategy
Income Tax Dept Flags High-Risk Transactions for Reassessment Action – Sections 148/148A
Delay in 12AB Filing Condoned as ITAT Mumbai Finds Reasonable Cause & Ignored Plea
Income Tax Not Applicable on Interim Court-Ordered Deposit Due to Lack of Finality: Telangana HC
CBDT Grants Section 35 Approval to Tea Research Association for Donor Tax Deduction
CBDT Approves Ahmedabad University Under Section 35(1)(ii) for Donor Tax Deduction
Raj Kundra Gifted Shilpa Shetty ₹12.5 Crore. Now Tax Tribunal Wants to Know How
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.
