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.
Wrong Section 151 Sanction Invalidates Reassessment and Penalty: ITAT Delhi
Reassessment Quashed as PCIT Approval Invalid Beyond Three Years: ITAT Delhi
Third-Party Search Papers Cannot Sustain Uncorroborated Additions: ITAT Kolkata
Section 153C Assessments Quashed for Defective Satisfaction: ITAT Delhi
Mechanical Satisfaction Note Cannot Sustain Section 153C Proceedings: ITAT Delhi
On-Money From Property Sale Taxable as Capital Gains, Not Section 69A: ITAT Delhi
Section 143(1) Intimation Merges With Scrutiny Assessment on Same Issue: ITAT Mumbai
Section 68 Additions Raise No Substantial Question of Law: Calcutta HC
AO Cannot Demand Negative Proof for Section 270AA Immunity: Delhi HC
Foreign Bank Cannot Claim Domestic Tax Rate Under DTAA: Calcutta HC
Entire Bogus Purchase Addition Unsustainable When Sales Accepted: Calcutta HC
Pending CIT(A) Appeal Bars Parallel Writ on AO Jurisdiction: Delhi High Court
Section 14A Addition Unsustainable When Own Funds Exceed Investments: Madras HC
BVGF Seeks Tax Audit Due Date Extension to 31 October 2026
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.
