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.

Fresh Documents at Appeal Stage Led to Remand Under Rule 46A

Section 69A Reassessment Invalid Without Proper Hearing

Low Tax Effect Circular Can’t Shield Accommodation Entry Cases

Documented FDI Through Banking Channels Escapes Section 69

Bogus Donation Claims Detected – Opportunity Given to File Revised Return: CBDT

Section 197 Certificate Quashed Because DAPE Finding Was Overturned

Retention of Gold Upheld Because Section 132B Timeline Isn’t Mandatory

ITAT Allows TDS credit although corresponding income declared by Sister concern

Section 263 Quashed Because It Was Used Only for Review of a Completed Assessment

Reassessment u/s. 147 after expiry of four years tenable since all material facts not disclosed

Wrong Authority Approval Voids Reassessment Beyond 3 Years

FAQs related to Section 80G Deduction – Nudge Campaign

Corporate Tax Growth Lifts Direct Tax Revenue Despite Modest Gross Increase

Belated Filing Alone Doesn’t Nullify 80P Deduction at CPC Stage: ITAT Lucknow
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.
