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 Ahmedabad Deletes Bogus Purchase Addition Despite Survey Admission of Seller

ITAT Kolkata Quashes Reopening for Unsigned Section 148 Notice, No Disclosure Failure

Agricultural Land within Municipal Limits is Capital Asset for LTCG: ITAT Delhi

Jurisdictional Defect: No Section 143(2) Notice After Reopening

Section 194T: TDS on Remuneration & Interest to Partners of Firm

Quarry Expenses Allowed, Undisclosed Sales Deleted: ITAT Rejects Ad-hoc Estimate Without Book Rejection

AO Cannot Reopen Settled Section 10A Issue in Remand

Entire Bogus Purchase Addition Set Aside, 10% Estimated

Benefit of indexed cost of acquisition allowed while computing book profit u/s. 115JB

Revenue Appeal Dismissed After Reassessment Fails on Legal Grounds

Section 292BB Cannot Cure Lack of Jurisdiction in 143(2) Notice

Repayment of Loans with TDS Negates Accommodation Entry Allegation: ITAT Delhi

Sale of Agricultural Land Justifies Cash Deposits – ITAT Delhi Deletes Section 69A Addition

Rental Income Taxed as House Property Due to Main Business Object
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.
