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.
AIS/Form 10DB Mismatch Rejected as Basis for Taxing Agent on Trading Profits
Notice by JAO After Faceless Scheme Invalid: Chennai ITAT Quashes Reassessment
GSTAT Appeal Filing Explained Due to Mandatory Statement of Facts Limit
DGIT (Inv.) Inputs Alone Can’t Justify Reopening: ITAT
Wrong ITR Column Can’t Deny Trust Exemption: ITAT Kolkata
Entire Purchase Disallowance Rejected; 6% GP Estimation Upheld
No Incriminating Material, No Addition in Section 153A Assessments
GP Rate Refined to 11% in Search-Based Bogus Purchase Case
Section 250(2) Breached: Appeal Restored for Fresh Decision
No Satisfaction Note, No Section 153C Assessment
Reassessment Falls on Threshold Error: Authority Lacked Power
Joint Ownership Below ₹50 Lakh Bars Reopening After Three Years
No OTS, No Write-Back: ARC Haircut Can’t Trigger Section 41(1)
Invalid DVO Reference Cannot Extend Limitation Under Section 153
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.
