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 Remands Double PAN Assessment for Proper Bank Deposit Reconciliation
Reopening Invalid If Original Issue Not Added in Assessment: ITAT Delhi
ITAT Delhi Remands Section 12AA Registration Denial After Object Amendment
Bad debts u/s. 36(1)(vii) are to be allowed once offered as income in any year
ITAT Deletes Section 68 Addition on Genuine Loans from Relatives; Interest Allowed
TP adjustment restricted to international transaction with AE as segmental accounts not maintained
Bank Statement Enough to Test Loan Creditworthiness: ITAT Delhi deletes Section 68 Addition
Section 68 Addition on Unsecured Loans Deleted After Rule 46A Evidence
Reassessment Quashed for Using Wrong Provision Instead of Search Route
ITAT Delhi Restores Section 57(iii) Interest Claim: Rule of Consistency to Be Examined
ITAT Delhi Restricts Section 69A Addition to ₹10 Lakh on Liquor Sale Cash Deposits
263 Revision Invalid: Protective Assessment Permissible When Substantive Addition Already Done
Share Premium Addition Deleted as AO Found No Defect in Records
Reopening on Share Investment Set Aside Where Source of Funds Was Already Verified
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.
