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.

SC Issues Notice on Late PF/ESI Deposit Deduction Dispute

Interest Paid to Earn Interest Is Allowable: ITAT Allows Section 57(iii) Deduction Despite Ex-parte Assessment

Section 80G Approval Can’t Be Denied for Form 10AB Delay: ITAT Mumbai

Final Assessment Order passed beyond time limit prescribed u/s. 153 is barred by limitation

Demonetisation Cash Deposits Explained from Books: ITAT Deletes Section 68 Addition Despite ITS Mismatch

Section 271(1)(c) Penalty Cannot Survive When Reassessment Is Quashed: ITAT Chennai

Section 153A Assessment Quashed for Lack of Incriminating Material

ITAT Mumbai allows depreciation on goodwill from slump sale for AY 2020-21

ITAT Mumbai Clarifies “Undisclosed Asset” Under Black Money Act In Ketan Dhamanaskar Ruling

Section 263 Invalid Where AO Adopted Plausible Section 80P View

Can legally employee be denied TDS Credit dueto non-payment by employer? Analysis

CBEC Data Mismatch Cannot Justify Addition Without Enquiry: ITAT Delhi

Section 197 Certificates Can’t Be Denied on Overturned Past Assessments: Delhi HC

Final Assessment Orders under DRP Route Quashed as Time-Barred: ITAT Delhi
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.
