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.
Uncorroborated Notebook Cannot Justify ₹7.65 Crore Section 69C Addition: ITAT Delhi
CPC Must Follow Binding HC Ruling on Subsidiary Investment Loss: ITAT Bangalore
Section 263 Revision Valid Where AO Left Bogus Purchase Verification Incomplete: ITAT Ahmedabad
₹55.75 Crore Received for Surrendering Litigative Rights Is Capital Receipt: ITAT Mumbai
Section 148A Notice Without Underlying Reassessment Material Invalid: Gujarat HC
Banking Channel Cannot Validate Bogus Political Donation or Section 80GGC Relief: ITAT Ahmedabad
Employee Cannot Suffer for Employer’s Non-Deposit of Deducted TDS: Patna HC
Reopening Beyond Four Years Without Disclosure Failure Invalid: ITAT Raipur
ITAT Raipur Quashes Reassessment and Deletes ₹11.18 Crore Section 68 Addition
No Proportionate Disallowance When Dividend Investments Made From Own Funds: Madras HC
Section 271(1)(c) Penalty Quashed for Non-Consideration of CBDT Circular: Karnataka HC
Section 154 Cannot Introduce Fresh Section 14A Disallowance: ITAT Chennai
Depreciation Separately Allowable While Computing General Insurance Income: ITAT Mumbai
Recorded Cash Sales Shield Demonetisation Deposits from Section 68 Addition: ITAT Mumbai
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.
