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.
₹1 Cr Penny Stock Addition u/s 69A Deleted – Reopening Based on Borrowed Satisfaction & No Assessee-Specific Evidence: ITAT Ahmedabad
ITAT Chandigarh Quashes Reassessment Beyond 3 Years for Lack of Proper Section 151(ii) Sanction
Section 69C Addition Deleted: No 65B Certificate for Pen Drive Evidence; Third-Party Documents Insufficient – ITAT Hyderabad
Reopening U/s 148 Quashed for Want of Satisfaction on Third-Party Seized Material – Reassessment Void: ITAT Hyderabad
Amazon TDS Reimbursement Process in India
ITAT Hyderabad Quashes U/s 143(3) Assessment as Time-Barred; Sec 153 Exclusion Limited to Actual Time Lost
ITAT Hyderabad Remands Indexed Cost of Demolished Structure Issue for Sec 48 Demolition Expense Verification
ITAT Ahmedabad Deletes Sec 69 Additions; NRI Property, Cash & Stamp Duty Explained with Bank Evidence After DRP Relief
ITAT Ahmedabad Deletes U/s 271D & 271E Penalty; Cash Loans for Son’s Education Genuine, Reasonable Cause U/s 273B Proven
ITAT Raipur Grants Relief Where PAN Status Mix-Up Led to Taxation as Partnership Firm
Charitable Trust Accumulation Reduced & Loan Repayment Disallowed: ITAT Sends Matter Back for Verification
SC Stays TDS Demand Notices Against SBI in Foreign LTC Reimbursement Case
ITAT Ahmedabad: BSNL VRS Exemption U/s 10(10B) Allowed; CIT(A) Cannot Reject Fresh Claim Not Made in Return
Karnataka HC Upholds TDS Demand on Foreign LTC as Section 10(5) Inapplicable
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.
