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.
No Addition in Unabated Search Year Without Seized Evidence: ITAT Kolkata
Section 54F Deduction Allowed Despite Builder’s Delay in Possession: ITAT Delhi
Rajeev Bansal Rulling Applies: SC Dismisses Revenue Appeal on Income Tax Reassessment Notices
Bombay HC Quashed Reassessment for Being Covered by Prior HC Ruling
Mere “Approved” Not Enough: ITAT Voids Reopening for Mechanical Sanction
Ad-hoc Disallowance Capped at 8% for Estimation Without Rejecting Books
Reassessment Quashed for Mechanical Section 151 Approval: ITAT Delhi
Reassessment Quashed: Undated PCIT Approval Invalid u/s 151
Entire Reopening Invalid Due to Lack of Proof of Section 148 Notice Service: ITAT Delhi
CIT(A) Cannot Dismiss Grounds as “Not Adjudicated”: ITAT Delhi
Reassessment Quashed for Non-Issuance of Mandatory Section 143(2) Notice
ITAT Delhi Quashed Section 153C Assessment for Failing ₹50 Lakh Threshold
Recorded Real Estate Sales Defeat Section 69A Addition on Political Donation: ITAT Delhi
Delhi HC Slams Arbitrary Income Tax Reopening, ₹1 Lakh Cost per Case
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.
