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.
Bogus Purchase Addition Deleted Without Remand Report Violates Rule 46A Procedure
Rule 46A Violation Rejected as All Documents Were Before AO: Chhattisgarh HC
Bogus LTCG from Penny Stock Allegation Rejected for Genuine Long-Term Share Holding
SC Upholds HC Relief as Assessment Was Set Aside for Violating Interim Stay; SLP Dismissed on Delay
Section 147 Reassessment Invalid: Order Passed Despite Stay on Further Proceedings
Customs Duty Paid Under Protest Deductible in Year of Payment: ITAT Delhi
Earlier-Year R&D Approval Claims Must Be Considered Despite Later Recognition: Delhi HC
IDS Liability: Self-Assessment Tax Must Be Adjusted; Form-4 Denial Arbitrary
Manufacturing Comparable Fails 75% Trading Turnover Test, Excluded from TP Analysis
Interest From Co-operative Banks Deductible Under Section 80P(2)(d): ITAT Bangalore
Mechanical Reliance on Suspicious Transaction Report: Gujarat HC Quashes Section 148 Reassessment Notice
Statement of Reportable Account Data Not Conclusive: ITAT Chennai Bars Income Addition Without Verification
SC Upholds Income Tax Appeal Restoration Despite Pending Settlement Proceedings
Gujarat HC Restored Income Tax Appeal Despite Pending Settlement Proceedings
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.
