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 Cannot Be Invoked Where AO’s View on deduction Is Plausible: ITAT Pune
ITAT Chandigarh Accepted Presumptive Income Despite Demonetization Cash Deposits
No Addition for Demonetisation Cash Deposits Supported by Agricultural Income: ITAT Surat
Assessment Held Time-Barred Due to Invalid Foreign Information Reference
Section 271AAB Penalty Not Automatic on Voluntary Disclosure Post-Search
Interest From Debtors Not Unexplained Loans Under Section 69B: ITAT Pune
Reassessment Quashed for Want of Proper Approval Under Section 151
Stamp Duty Value Addition on Property Set Aside for Natural Justice Breach
Gujarat HC Quashed Income Tax Assessment Order for Ignoring Reply to SCN
Assessment Quashed for Want of Jurisdiction; Notice u/s 143(2) Issued by Non-Jurisdictional AO
India–Singapore DTAA Benefit Denied; Capital Gains Taxed as Entity Held Shell/Conduit
Addition under Section 56(2)(vii)(b) Deleted; Stamp Duty Difference within 10% Tolerance
Reassessment Quashed for Wrong Factual Assumption; Notice u/s 148 Held Void ab initio
ITAT Delhi Quashes Reopening Beyond Six Years After Search
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.
