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.
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
Section 50C Limited to Date of Actual Transfer, Not Later Escalation
Clerical Error in Form 10AB Not Ground to Reject Registration: ITAT Mumbai
Old Unsecured Loans Not Taxable Without Actual Waiver: ITAT Delhi
Section 148 Notice Issued Beyond Surviving Time Invalid: ITAT Delhi
Common Section 153D Approval Invalidates Search Assessments
Separate Books Allegation Can’t Be Basis Without Prior Show Cause
Telangana HC Quashes Section 148 Unsigned Reassessment Notice
Section 263 Invalid Where AO Took Plausible View on Farm Income: 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.
