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.
Agricultural Income Estimation Scaled Down: ITAT Rajkot Restricts Addition to ₹50,000 on Ad-hoc Basis
Sixth Pay Commission Salary Provision Allowed as Ascertained Liability
VAT Addition Deleted as Section 43B Held Inapplicable: ITAT Delhi
Reassessment Invalid Without Section 143(2) After Return u/s 148: ITAT Pune
Capital Gains Set Aside Due to Failure to Refer Valuation to DVO: ITAT Pune
Government Subsidy under Package Scheme of Incentive, 2007 treated as income liable to tax
Demonetisation Cash Deposits: Section 68 Addition Partly Upheld by ITAT Pune
TP adjustment deleted as recharacterization of business not warranted
Partial Rejection of Books Held Invalid in Demonetisation Cash Deposit Case
Assessments Quashed for Non-Supply of Relied-Upon Material: ITAT Indore
Deductor Not in Default When Payee Has Paid Due Taxes: ITAT Mumbai
Investigation Wing Inputs Alone Insufficient for Section 68 Additions
ITAT Ahmedabad Remands DVO Addition & Demonetisation Cash Deposit Issue
Income of Predecessor Company Cannot Be Clubbed with Successor Post-Amalgamation
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.
