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.
Illness of authorised signatory justifies second chance: ITAT restores cash-deposit additions to AO
Law aids the vigilant: ITAT dismisses appeal for persistent non-appearance & upholds additions
ITAT Restores Issue to CIT(A) Over Rule 46A Non-Compliance
Section 147 Proceedings Invalid Due to Limitation, ₹3.34 Cr Addition Dropped
Human probability matters: ITAT upholds deletion of ₹87.34 lakh cash-deposit addition
ITAT Confirms Section 68 Additions for Unexplained Cash During Demonetisation
Cash receipts belonging to Partnership Firm cannot be taxed in hands of partner
No Section 271D Penalty on Cash Payment under Pre-Amendment Property Agreement
ITAT Overturns Section 69A and 115BBE Addition on Petrol Pump Deposits
Belated Form 10B Doesn’t Warrant Taxing Entire Receipts
Rs. 87.65-Crore ‘Bogus Purchase’ Disallowance Remanded for Fresh Verification
Registration Under Section 12AB Restored Due to Reasonable Cause for Non-Response
Mixed-Funds Interest Disallowance Needs AO Review
Section 12AB and 80G Rejection Set Aside Due to Nascent Stage of Trust
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.
