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.
Second Reassessment Notice Cannot Cure Limitation Defect: ITAT Delhi
Prior-Period Expenses Allowed When Liability Crystallises in Current Year
Bogus Purchase Addition Deleted for Lack of Independent Enquiry
Customer Advances Not Cash Credits Under Section 68
Mechanical Approval Quashes Search Assessment Under Section 153A
ITAT Delhi Denied Indexation as Factory Building Treated as Depreciable Asset
Salary Paid and TDS Deducted, Yet Proof Still Required
CIT(A) Can’t Dismiss Appeal for Non-Prosecution Without Merits: ITAT Chandigarh Remands Case
No Hearing, No Merits: Income Tax Appellate Orders Quashed and Sent Back
TP Adjustment Set Aside Due to Improper Segment Aggregation; Non-Compete Fee Held Revenue
Penalty for Underreporting Reopened Due to Unexamined Reasonable Cause
12A Registration Denial Set Aside: ITAT Chandigarh Condones 424-Day Delay
ITAT Chandigarh Remanded Unexplained Bank Credits Case with Cost for Fresh Adjudication
₹33 Cr Bank Credits: ITAT Chandigarh Sets Aside Ex Parte Reassessment for Fresh Review
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.
