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 68 Addition Quashed for Exceeding Limited Scrutiny Scope: ITAT Mumbai
Section 263 Quashed as AO Examined LTCG Exemption for Insurers
Gold Jewellery Seized u/s 132A Held Explained – Addition u/s 69 r.w.s. 115BBE Deleted
ITAT Mumbai Quashed Section 263 revision as AO Took Plausible View on Deductions
Employee Welfare Trust Not Liable to Highest Surcharge Rate: ITAT Mumbai
Reimbursement Transactions Remanded for De Novo TP Examination
Representation for Streamlining Sections 12AB and 80G Registration & Renewal
Long Appeal Delay Condoned Due to Bona Fide Pursuit of Rectification
Key provisions for Charitable Trusts under New Income Tax Act, 2025
Income Estimation in Circular Trading Fails Without Incriminating Evidence
Validity of Income Tax Notices Issued by JAO instead of FAO
Post-2021 Reassessment Held Void Due to Non-Compliance With Section 148A
Reassessment Quashed as Limitation Ran From Original Assessment, Not Revision
Madras HC Quashed Reassessment for Limitation Breach Despite Software Depreciation Dispute
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.
