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.
Order of Competent Authority granting or refusing sanction u/s. 151 is not appealable order
Section 148A Proceedings Cannot Cure Invalid Old Reassessment Notice
Final assessment order u/s. 153A without issuance of draft assessment order u/s. 144C is void
Bogus Purchases Don’t Justify 100% Addition When Sales Are Accepted
Participation Does Not Validate Notice Issued by Wrong Officer
Survey-Based Suspicion Not Enough: AMP & Credit-Note Payments Allowed by ITAT
Faceless Reassessment Is Mandatory: Chennai ITAT Sets Aside 69A Addition Despite Cash Deposits
Only Profit Element Taxable Where Purchases Are From Suspected Hawala Parties
Mechanical Dismissal Fails as CIT(A) Skips Speaking Order
SC Dismisses Reopening Beyond Four Years Due to Change of Opinion
Bombay HC Quashed Reopening After Four Years Due to Change of Opinion
SC Upholds Bar on Reopening After Four Years for No Disclosure Failure
Reassessment Quashed for Change of Opinion on Promotional Expenditure
Reassessment Quashed Due to Change of Opinion After 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.
