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.
Section 148A Notice Less Than 7 Days Is Void: Reassessment Quashed
Hyper-Technical Rejection of Form 10B Set Aside by High Court
Telangana HC Set Aside Block Assessment for Lack of Incriminating Material
Assessment Cannot Be Remanded Without Deciding Validity of Section 144 Order: Delhi HC
Section 54B Exemption Allowed Despite Non-Deposit in CGAS
Mere Suspicion from STR Data Insufficient for Section 69C Addition
Service of income tax notices on email ID from a previous return was valid
Building construction for future educational use qualifies as charitable activity
ITAT Allows Charitable Trust to Seek Section 80G Registration Despite Delay
Section 148 Notice Invalid Beyond Three Years as Escaped Income Below ₹50 Lakh
Section 11 Exemption Restored as Form 10B Was Filed Within Due Date
Section 80G & 12A Registration Denials Set Aside Due to Procedural Opportunity
Bonus Payment Allowed Because Evidence Showed Payment Before Due Date
Capital Gain Addition Reopened Due to Failure to Consider Statutory Deductions
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.
