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.

ITAT Quashes Reassessment for Shifting Allegation from Shares to Bogus Purchases

Notional Interest Cannot Be Added Where No Income Earned: ITAT Kolkata

Technical Lapse Ignored: ITAT Upholds Section 11 Exemption Despite Late 10B

Section 68 Fails When Loan Is Repaid and Properly Documented: ITAT Kolkata

IBC Prevails Over Income-tax: ITAT Dismisses Revenue Appeals Post NCLT Plan

Reopening Notice on Struck-off Company Invalid: ITAT Kolkata

ITAT Dismisses Revenue Appeal as Tax Effect Below ₹60L After 115BBE Relief

Purchases Not Bogus When Books Are Accepted & Sales Undisputed: ITAT Delhi

Cash Sales During Demonetisation Held Genuine, Section 68 Fails

Section 10(46) Exemption Notified for Tamil Nadu e-Governance Agency

Sec 10(46) Exemption Notified for Dadra & Nagar Haveli Construction Workers Welfare Board

CBDT Grants Sec 10(46) Exemption to Karnataka State Rural Livelihood Promotion Society

Income Tax Appeal Delay Condoned Due to Counsel Negligence Shown Through WhatsApp Chats

Parallel Income Tax Proceedings Barred After Insolvency Resolution Approval: 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.
