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 Order Struck Down for Jurisdictional Defect
Interest for Late Original Return Valid Despite Timely Search Filing: ITAT Ahmedabad
Undisclosed Rent Allegation Rejected for Lack of Proof During Relevant Year
ITAT Condoned Delay Due to Consultant’s Lapse & Remanded Matter to AO
No Capital Gains on JDA Without Consideration or Transfer of Possession: ITAT Hyderabad
No Addition in Unabated 153A Assessment Without Incriminating Material: ITAT Kolkata
₹30.90 Cr Section 271(1)(c) Penalty Quashed for Debatable Lease Rent Issue
Survey Addition Can’t Be Extrapolated: ITAT Chandigarh Limits Bogus Salary Addition to One Month
Bombay HC directs Income Tax department to allow lawful claims in e-filing utility
Claim of amortised upfront fees rejected since entire amount already claimed as deduction
Sale of Land with Old Residential Shed Qualifies for Section 54 Relief: ITAT Chandigarh
Addition u/s. 69A quashed as nature and source of deposit duly explained
Income-tax Scrutiny of Political Contributions under Section 80GGC: Legal Framework and Practical Approach
HUF under Income Tax Law: Guide on Formation, Taxation & Tax Planning
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.
