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.
Ex-Parte Assessment Appeal Can’t Stand: Matter Sent Back for De Novo Adjudication
Section 80JJAA Deduction Remanded Due to Portal Glitch in Form 10DA
Reopening not justified as reasons recorded remained speculative
Section 44AD Case Can’t Become Blanket Cash Addition; ITAT Surat Sets Aside ₹5.09 Cr Assessment
Technical Rejection of U/s 12AB Application Set Aside for Fresh Examination
Duplicate PAN & No Hearing: ITAT Sets Aside Reassessments for 5 Years
Wrong Sanction Under Section 151 Makes Reassessment Void Ab Initio
Pure Legal Grounds Allowed to Quash Time-Barred U/s 153C Assessments
Janmashtami Donations Not Business Income; ITAT Restores Section 11 Exemption to Religious Trust
Depreciation Claim Remanded Due to Missing WDV Computation
Section 153A Has Limits: No Seized Material, No Fresh Additions
Bona Fide Limitation Misconception Accepted: 138-Day Delay Issue Sent Back to CIT(A)
Warranty Provision Allowed Despite Large Opening Balance: ITAT Delhi
Appeals Restored After Delay Condoned Due to Consultant Lapse
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.
