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.
Vague Section 274 Notice Invalidates Section 271(1)(c) Penalty: ITAT Mumbai
Reassessment Based on Another Person’s NSEL Data Quashed: ITAT Mumbai
No Trust Deed Since 1955: ITAT Directs Renewal of Church’s 12AB Registration
No Business Receipts, No Deduction? ITAT Says Examine the Expenses First
Salary and Capital Gains Claims Require Fresh Verification: ITAT Bangalore Orders Remand
Search Assessment Quashed: A Scrutiny Notice Could Not Replace Section 148
Statutory Deposit Interest Qualifies for Section 80P Deduction: ITAT Bangalore
Turnover Difference Requires Verification of Sister-in-Law’s Business Records: ITAT Bangalore
Reassessment Notice Against Non-Existing Merged Company Quashed: Telangana HC
Nine-Day Form 10-IE Delay Cannot Deny New Tax Regime: ITAT Amritsar
Unproved Reimbursement Claim Supports Section 263 Revision: Calcutta HC
ITAT Visakhapatnam Quashes Section 148 Notices Sanctioned by Wrong Authority
A Joint Bank Account Does Not Create an AOP: ITAT Quashes Assessment on Village Collections
₹3 Crore Agreement-Holder Payment Deductible Under Section 48: ITAT Bangalore
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.
