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.
Form 26AS Mismatch Alone Can’t Justify Income Addition: ITAT Mumbai
Accommodation Entry Cases: Full Addition Applies Without Proof
Borrowed Satisfaction from Investigation Wing Not Permissible
Block of Assets Continues If New Asset Added Before Year-End: ITAT Mumbai
ITAT Upholds 5% Addition Where Purchases Linked to Sales
Cash Deposit Reassessment Set Aside for Lack of Valid Sanction: ITAT Delhi
LTCG on Firm Dissolution Sent Back for Fresh Verification
Electronic Evidence Requires Cross-Examination Before Addition: ITAT Delhi
Unexplained Investment Limited to Actual Payment Made in the Year: ITAT Mumbai
Reopening After 3 Years Barred If Escapement Below ₹50L: ITAT Delhi
Loss on Share Sale Is Capital Loss, Not Expense: ITAT
Assessment Quashed for Missing Mandatory Section 153C Notice
No Valid U/s 143(2) Notice: Reopening Proceedings Void: ITAT Delhi
Mechanical Sanction Voids Reopening Under Section 147: ITAT Delhi
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.
