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 Quashed Because Section 148 Notice Was Time-Barred
Demonetisation Cash Deposit Addition Quashed for Recorded Sales Evidence
Ex-Parte Share Trading Additions Set Aside for Fresh Verification
Capital Gains Appeal Revived Due to Improper Rejection on Limitation
Addition Deleted Because Survey Statement Was Retracted and Uncorroborated
Reassessment Upheld Because Return Was Filed on Day of Assessment
Mutual Fund Dividend Fully Exempt Because Section 115BBDA Doesn’t Apply
Delhi HC Upheld Reassessment Notice Despite Faceless Regime Objection
ITAT Mumbai Set Aside Order for Failure to Hear AO in Section 248 Appeal
Section 14A disallowance cannot be added to section 115JB book profits: Delhi HC
Penny Stock Addition Deleted for Lack of Specific Evidence
Penalty Quashed for Mismatch Between Notice and Final Charge
153A Addition Deleted for Lack of Incriminating Material
Section 263 Invoked Because Education Cess Claim Was Not Examined in Limited Scrutiny
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.
