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.
Cash Deposits Explained – Protective Addition Deleted
Identity and Genuineness Established: ₹10 Lakh Addition Set Aside
No Trade, No Income – Broker’s PAN Error Collapses Addition
Section 90 Relief Overrides Technical Delay in Form 67
No Evidence, No Bogus LTCG: U/s 68 Can’t Rest on Suspicion
Donations Deduction Allowed Despite Return-Form Constraints
EPF/ESI Disallowance from CPC Not Open in Section 143(3) Appeal
Income Booked Earlier, TDS Reflected Later: Addition Set Aside
VAT-Accepted Turnover Can’t Be Retaxed as Unexplained Cash
Filing ITR-7 Instead of ITR-5 Doesn’t Invite Automatic Disallowance
Form 26QB vs 26AS Discrepancy: Rectification Can’t Be Isolated
Section 151(ii) Violation Invalidates Late Section 148 Notices
PCIT Can’t Convert Bogus Purchases Into U/s 69C to Apply U/s 115BBE
No Satisfaction Under Section 14A, Rule 8D Disallowance Fails
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.
