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.
Addition Set Aside Due to Denial of Video Conference Hearing
Depreciation Disallowance Quashed Due to Lack of Incriminating Material
No 271AAB Penalty for Book-Based Disallowances Without Search Incriminating Material
Whatsapp Chats Insufficient for Section 69A Addition Without Proof of Receipt: ITAT Delhi
No Deduction Claimed, No Scope for CPC Adjustment
Cash Payment Disallowance Rejected Due to Valid 40A(3) Relief
Revenue Appeal Dismissed Due to Wrong Forum Selection
Section 148 Notice Invalid Because PCCIT Approval Was Mandatory
Section 263 Invoked for Failure to Verify Source of Cash Deposits
Registration Under U/s 12AB Cannot Be Denied Without Examining Trust Activities
Long-Term Capital Loss Allowed on Tranche-Wise Share Analysis
Final Assessment Set Aside Due to Limitation Breach After Invalid TP Order
Rejection of Books Not Enough to Sustain Section 271A Penalty
Penalty Quashed Due to Vague 271(1)(c) Notice Without Specifying Charge
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.
