Income Tax
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ITAT Delhi Quashed Cash Addition for Invalid WhatsApp Digital Evidence

Reassessment Quashed as Section 148 Notice Issued by Wrong Authority: ITAT Chandigarh

Assessment Collapses Once Section 263 Revision Is Quashed: ITAT Ahmedabad

ITAT Chandigarh Quashes 271D/271E Penalties on Cash Loans Between Agriculturists

ITAT Kolkata Allowed ₹26.77 Section 54F Exemption Despite Joint Ownership

ITAT Delhi Quashes AY 2015-16 Reassessment as Time-Barred After 01.04.2021

ITAT Mumbai Quashes Reassessment & Allows Section 80GGC Deduction on Political Donation

ITAT Remands Section 50C Issue to DVO Despite Rejecting Earlier Agreement Plea

ITAT Mumbai Allows Section 54 Exemption on Sale of Inherited Flat as LTCG

Loose Sheet Found from Third Party Cannot Justify Section 69C Addition: ITAT Delhi

Share Capital from Promoters Cannot Be Added as unexplained Without Evidence: ITAT Kolkata

ITAT Mumbai Upholds Dual Commission Addition on Bogus Purchase & Sale Entries

ITAT Ahmedabad Taxes MOU Receipts as Other Sources as Assessee Lacks Land Ownership Rights

Accommodation Entry Case: Reassessment Beyond 3 Years Invalid Without Proper Sanction
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.
