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.
Final assessment order u/s. 143(3) quashed as passed beyond time prescribed u/s. 153(4)
TP adjustment matter remanded due to mistake committed in computation of margins of comparables
What Qualifies as Salary Income: Taxability of Basic Pay, Allowances & Perquisites
ITAT Delhi Quashed Reassessment For Wrong Assumption of Facts
Unexplained Cash Credits (Section 68): How to defend?
ITAT Mumbai Deleted Alleged Cash On-Money Addition for Lack of Corroborative Evidence
Mechanical Approval for TDS Prosecution Set Aside for Non-Application of Mind
Reasons First, Notice Later: Illegal Reassessment Quashed
Holding Company Is in Business Even Without Operating Revenue
Reasons Must Precede Section 148 Notice, Reopening Quashed
Interest on Fixed Deposits Exempt When Article 289 Applies
Sales Accepted, Purchases Can’t Be Bogus Under MVAT Alerts
Entry Operator Statement Is No Evidence Without Fair Hearing
Capital Gains Set Aside for Ignoring Agricultural Land Evidence
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.
