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 Notice Quashed for Lack of Jurisdiction Under Faceless Scheme
Redevelopment Receipts Can’t Be Taxed Twice: ITAT Mumbai
CPC Addition on IGST Refund Sent Back for Fresh Examination
Matter Remanded as Stock & Sales Figures Mismatched During Demonetisation: ITAT Lucknow
ITAT Visakhapatnam Quashed Reassessment for Being Passed on Deceased Assessee
Section 11 Tax Exemption Upheld as Development Authority Activities Not Commercial
Ignorance of Tax Law Not a Genuine Ground for Late Return Condonation: Delhi HC
Delhi HC Quashed Reassessment Due to Vague Section 148A Show Cause Notices
ITAT Mumbai Quashed Section 68 Addition Due to Evidence of Inherited Jewellery
Tribunal Remand Becomes Infructuous Due to Expiry of Time Limit for Reassessment
Bombay HC Declines to Quash ACB Summons as Matter was at Enquiry Stage
Rectification Order Invalid as CPC Didn’t Issue Prior Intimation for Defective Form 3CD: Madras HC
Section 68 Demonetisation Deposit Addition Deleted Due to Genuine Cash Sales Evidence
Trust’s Accumulation Period Cannot Be Shortened Due to Prospective Section 11 Amendment
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.
