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.
Section 263 Revision Upheld for Lack of Enquiry on Cash Deposits
Appeal Cannot Be Dismissed Without Deciding Delay Condonation
Section 271(1)(c) Penalty Order Set Aside for Being Non-Speaking
Artificial profit/loss arising from client code modification requires transaction-wise reconciliation-Matter restored
Agricultural Income Claim Remanded for Lack of Proof
Reassessment Notice Quashed as Time-Barred After Supreme Court Ruling
Delay in Form 10AB Condoned; Rejection of 12AB Registration & 80G Approval Set Aside
CIT(A) Remand Invalid for Not Deciding Legal Grounds
Section 68 Addition Deleted as No Credit Entry Found in Books
Conference Expenses Deletion Set Aside for Rule 46A Violation
Rejection of 12AB Renewal Set Aside for Procedural Impossibility
Additions Under Section 153A Quashed for Lack of Incriminating Material
Delay in Form 10AB Filing Condoned for Existing Charitable Trusts
Faceless CIT(A) Cannot Reject Appeal for Admitted Tax Payment Lapse: ITAT Raipur
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.
