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.
Survey Surrender Explains Demonetisation Cash, ₹75 Lakh Addition Deleted
Banking Trail Alone Not Enough: Two Loans Face Fresh U/s 68 Probe
Post-2022 Reassessment Fails for Non-Compliance with Faceless Scheme
No Hearing, No Finality: ITAT Reopens Ex-Parte U/s 147 Order
Demonetisation Deposits Partly Explained, ITAT Limits 69A Addition
Cash Sales Recognised, 69A Cut to 10% GP by ITAT Delhi
Wrong Person Assessed, ITAT Quashes Rental Income Addition
Relative Defined, Addition Falls: ITAT Clears ₹12 Lakh Credit
Survey-Based ₹45 L Income Reopened, Final Chance Granted
Cultivation Evidence Reopens Capital Gains on Land Sale
Section 271E Penalty Fails When Entity No Longer Exists
No Returns, No Evidence, Capital Spike Taxed as Unexplained
Section 44AD Overrides Ad-Hoc 50% Profit Estimation
Reopening Quashed for Mechanical Approval Under Section 151
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.
