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.

TCS Credit Cannot Be Denied for Default of Collector: ITAT Pune

Section 270A Penalty cannot be imposed for Disallowance of Legal Claim: ITAT Delhi

Section 153C Limitation Counts From Handover, Not Search: ITAT Quashes Assessment

Time-Barred Section 153C Assessment Struck Down for Non-Searched Person

Section 11 Relief Restored: Education Trust Not Bound by Rigid Form-10 Purpose

Third-Party iPhone Notes Not Enough: ITAT Mumbai Deletes ₹2 Cr Addition

ITAT Jaipur Confirms Full Section 54F Exemption Despite Son’s Name in Sale Deed

Withdrawal of approval u/s. 10(23C)(vi) without corroborative evidence of personal benefit not justifiable

One-Day Notice Invalidates Reassessment: ITAT Chennai Quashes U/s 148A(b) Proceedings

175-Day Delay Condoned by ITAT for Remote Villager Assessee

Have you received an SMS or Email from Income Tax Department on Foreign Assets? Read This Carefully

ITAT Amritsar Deletes Section 69A Addition on Demonetisation Cash Sales

ITAT Restores Section 54F Dispute to CIT(A) After Death of Assessee

Penalty order u/s. 271D/271E beyond 6 months from assessment is barred by limitation
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.
