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.
Wrong Clause in Form 10AB Is Curable, Not Ground for Rejection: ITAT Indore
Escapement Below ₹50 Lakh: ITAT Ahmedabad Holds Reopening Beyond 3 Years Invalid
Reopening Quashed for Borrowed Satisfaction – LTCG on Shares Cannot Be Taxed u/s 68
Apply Reasonable Profit Rate Due to Sub-Contracts, Not 10%: ITAT Bangalore
Waiver of Debentures Not Taxable; Set-off of Losses Must Be Allowed – ITAT Pune
ITAT Dehradun Grants Ad-hoc Relief on Construction Cost for Lack of Full Proof
Reassessment Quashed Where No Addition Made on Reasons for Reopening: ITAT Dehradun
Vivad Se Vishwas Opted but Tax Payment Doubtful: ITAT Rajkot Restores Matter to AO for Verification
Addition u/s 69 Restored to AO to Verify ‘Rotation of Funds: ITAT Jodhpur
Reopening for AY 2015-16 After 01.04.2021 Invalid; Consequential Section 263 Order Also Quashed
Survey Statement Alone Insufficient to Justify Tax Additions: Chhattisgarh HC
Section 80IB(11A) Deduction Cannot Be Denied for Late Filing of Form 10CCB: ITAT Dehradun
Penalty u/s 272A(1)(d) Deleted: Notices Sent to Wrong Email ID Constitute Sufficient Cause
ITAT Chandigarh Restored Appeal to CIT(A) Due to Denial of Hearing Opportunity
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.
