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 153C Proceedings Quashed for Lack of Incriminating Material: ITAT Chennai Sets Aside ₹597+ Crore Additions
Reassessment Notice Issued by Jurisdictional AO Invalid Post 29.03.2022: ITAT Chennai
Demonetization Cash Deposits Accepted as Genuine Business Receipts
Dividend Income Cannot Be Treated as Unexplained Cash Credit: ITAT Delhi
No Addition u/s 56(2)(x) in 153A Without Incriminating Material: ITAT Delhi
No Interest Disallowance on Business Receivables from Sister Concern: ITAT Delhi
ITAT Agra Deletes Ad-hoc Expense Disallowance Without Rejection of Books
Section 153C Proceedings Fail Without Assessee-Specific Evidence
Income Tax Grants Section 35 Approval for Scientific Research Donations to Sikshya O Anusandhan
Reassessment Quashed for Borrowed Belief from ACB Report
Unexplained Investment Cannot Be Assumed Without Cost Determination: ITAT Ahmedabad
No Addition Solely on Difference Between Service Tax Data & Books: ITAT Delhi
Mere Religious Objects Not Fatal Unless Religious Spend Exceeds 5%
ITAT Mumbai Deleted Section 68 Addition for Proven Identity & Creditworthiness of Lenders
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.
