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.
Assessments Quashed for Invalid Section 153C Satisfaction Note
ITAT Lucknow Upholds Reopening u/s 150; Deletes Unsecured Loan Addition
Grandfathered capital gain as per Article 13(4) not to be adjusted against long-term capital loss
TDS Credit Denied to Non-Signatory Property Co-Owner: ITAT Ahmedabad
ITAT Bangalore Upholds Cancellation of 12AB Registration for Influencing Media Content
No Section 41(1) Addition Without Actual Cessation of Liability
Belated Form 10B Filing Does Not Bar Section 11 Exemption
Unexplained Capital Addition Sent Back Due to Procedural Lapse in Appeal
Entire Sale Proceeds Cannot Be Taxed as Capital Gain
Late Section 148 Notice Leads to Complete Reassessment Failure
Section 153C Order Invalid Without Proper Satisfaction
1% Shroff Commission Addition Set Aside for Lack of Verification
Delay in Appeal Filing Must Yield to Substantial Justice
Accommodation Entry Income Cut to 1.5% in Bank Routing Case
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.
