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 Grants Indexed Cost Benefit in JDA for Land and Constructed Area Rights

Section 68 Addition Cannot Be Sustained Without Proper Evaluation: ITAT Mumbai

Sales Accepted, Purchases Can’t Be Branded Bogus: ITAT Chandigarh

Transfer Pricing Addition Deleted for Ignoring Binding ITAT Directions

ITAT Delhi Upholds Deletion of Share Capital Addition: Section 68 Onus Discharged

ITAT Rajkot Limits Political Donation Disallowance to 10% of Alleged On-Money

ITAT Mumbai Allows PF Deduction for COVID Delay Despite Checkmate Ruling

No Interest Disallowance Where Own Funds Are Ample & Interest Income Reflected in Form 26AS

ITAT Chennai Deletes Demonetisation Cash Deposit Addition as Source Explained

Only Profit on Alleged On-Money Taxable, ITAT Rajkot Restricted Addition to 30%

Agricultural Income Cannot Be Arbitrarily Estimated Without Considering Expenses: ITAT Rajkot

ITAT Chandigarh Deletes Bogus Purchase Addition as Sales Accepted & Purchases Are Evidence-Backed

Section 148 Notice Quashed for Breach of Mandatory Faceless Procedure: ITAT Chandigarh

ITAT Chandigarh Quashes Search Assessment for Non-Compliance with New Reassessment Regime
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.
