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.
Notice Issued for Incorrect Year Renders Reassessment Void
Books Not Proper, Estimated Income Still Penalised by ITAT
Leave Encashment Limit Enhanced, Full ₹13.12 Lakh Exempt Allowed
Religious Functions Alone Can’t Secure Charitable Registration
CBDT Memorandum Not Conclusive Proof of Bogus Donation
Extrapolation Without Evidence Invalid, ₹77.27 Lakh Deletion Upheld
Agricultural Cash Deposits Not Entire Income, Only Profit Taxable
ITAT Visakhapatnam Quashed Reassessment as Notice Was Issued by Wrong Authority
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
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.
