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.

Reassessment for AY 2015-16 Quashed as Time-Barred Under Law

Addition Under 115BBE Struck Down for Procedural Lapses

Section 41(1) Addition Not Automatic on Creditor’s Write-Off

Section 54F Disallowance Invalid When Not Part of Reopening Reasons

TDS Credit Granted as Assessee Acted Only as Commission Agent: ITAT Chandigarh

Unsubstantiated Professional Fees Lead to ₹40 Lakh Addition

Assessment Quashed for Wrong Email Service and No Reasons

TP Addition Partly Set Aside for Mechanical Margin Working

Issue of Old Income-tax Demands Appearing on Portal After Several Years

ITAT Ranchi Quashed Reassessment Beyond Four Years for No Disclosure Failure

Reassessment Quashed for Faceless Regime Breach: JAO-Issued Notices Invalid

Section 148A(d) Order Set Aside for Ignoring Assessee’s Explanation

Adjustment in intimation u/s 143(1) disallowing deduction u/s 10B was quashed

Taxability of Consultancy Income under India–UAE DTAA vis-à-vis SEP
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.
