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.
Reassessment Quashed for Service of SCN at Old Email Address
SC Dismisses Revenue Plea as Income Tax Reassessment Was Attempted Third Time
Reassessment Quashed as Completed Assessment Had Attained Finality: Delhi HC
Section 270A Penalty Invalid for Not Specifying Applicable Limb
Bogus Share Deals: Section 68 Addition Limited to 2% Commission
DRP assessment quashed as time-barred – Section 153 overrides Section 144C timelines
No TDS Liability on Foreign Commission as Income Not Taxable in India
Assessment Quashed as U/s 143(2) Issued by Wrong Jurisdictional AO: ITAT Kolkata
Section 115BBE Inapplicable After Cash Credit Deletion
Section 11(2) Accumulation Allowed Despite Vague Form 10: ITAT Mumbai
Penalty u/s 271AAC cannot survive once Section 69 addition is deleted in quantum
Section 271(1)(c) Penalty Invalid for Non-Specification of Charge: ITAT Agra
ITAT Mumbai Allowed Section 54F Claim in Appeal although Not Made in Return
Assessment Held Void for Skipping Statutory Notice Under Section 143(2): ITAT Agra
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.
