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.
ITAT Selection Set Aside for Bias: SC Orders Fresh Committee Without Tainted Member
Incentive/ bonus paid to employees before due date of ITR allowed: ITAT Bangalore
Property Deal Addition Fails for Breach of Section 153C Time Limits
Section 153A Assessment Quashed as Notices Issued in Name of Deceased Assessee
Bogus Share Premium & Loan Confirmed as Section 68 Addition by ITAT Mumbai
Final assessment order barred by limitation as passed beyond time limit prescribed u/s. 144C(13)
Section 270A Penalty Fails After Quantum Section 56(2)(x) Addition Is Set Aside
Addition quashed as Form 2 under Income Declaration Scheme not served: ITAT Chennai
Reopening Quashed for Mechanical Approval and Verbatim Borrowed Reasons; Penalty Automatically Falls
Reopening Beyond 3 Years Quashed for Want of Proper Section 151(ii) Sanction from Pr. CCIT
Illegal Remand of Scrutiny Assessment Set Aside by ITAT Mumbai
Assessment Quashed as u/s 143(2) Notice Not in CBDT-Prescribed E-Scrutiny Format
Penny Stock LTCG Accepted as Genuine; No Assessee-Specific Evidence for Additions
₹100 Crore U/s 153A Addition Quashed: Seized Third-Party Paper Not Incriminating for Completed Year
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.
