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.

PF/ESI Due Date Verification Incomplete, Matter Sent Back to AO

Notice Issued Via ITBA After 01-04-2021 Triggers New Reopening Law

AY 2015-16 Reassessment Void as Post-2021 Notices Are Time-Barred

CBDT Grants Income Tax Exemption to Mussoorie Dehradun Development Authority

Section 10(46A) Income Tax Exemption Granted to Electricity Regulator

Section 148 Notices for AY 2015-16 Invalid Under New Regime

Husband-to-Wife Property Gift Exempt, ₹1.78 Cr Addition Deleted

Third-Party Survey Alone Can’t Justify ₹17.50 Lakh Addition

Cash Deposits Added as Unexplained Income Because Sales Bills Were Not Examined

Settlement Commission not empowered to change head of income

No Proof of On-Money, ₹1.52 Cr Buyer Addition Deleted

No Lack of Enquiry in Loan Verification, PCIT Revision Fails

No Incriminating Material, Section 263 Cannot Override 153A Order

LLP Cleared of Section 68 Additions Due to Proven Partner Funds
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.
