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.
Delayed Form 10B is Curable Procedural Lapse: ITAT Ahmedabad
No Section 143(2) Notice, No Jurisdiction: Reassessment Declared Null & Void
Assessment Quashed as Final Order Passed Beyond Section 153 Time Limit: ITAT Hyderabad
Commission Not Bogus When Payee Exists & Taxed: ITAT Deletes ₹51.37 Lakh Disallowance
Cash Repayment of Loans Attracts Section 271E Penalty Despite Prior Section 68 Addition
Addition of cash already taxed in a relative’s income is impermissible: ITAT Patna
Limitation for ITAT Rectification Starts on Date of Receipt of Order: Bombay HC
Delay in Form 10-B Filing Conditionally Allowed Due to Treasurer’s Age & Pandemic
Legal control under a JDA constitutes transfer for capital gain: ITAT Kolkata
CIT(A) Order Set Aside as Advance Tax Requirement Misapplied in Loss Case
Rule 37BA Cannot Override Section 5A While Granting TDS Credit to Goa Residents
Profit Capped at 7% Because Search Confession Could Not Be Applied to Past Years
Cash Deposit Explained, Books Not Rejected: Section 68 Addition Collapses
ITAT Bangalore Set Aside Section 80G Denial for Lack of Adequate Opportunity
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.
