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 12AB and 80G Rejection Set Aside Due to Nascent Stage of Trust

Denial of virtual hearing vitiates appellate order: ITAT restores matter for fresh hearing

Delay Condoned, Demonetisation Cash-Deposit Case Restored

Section 144C doesn’t extend outer time limit: ITAT Hyderabad quashes TP final order as barred by limitation

SC Dismisses Delayed SLP, Upholds Quashing of Reassessment Notices

Bombay HC Quashes Reassessment and Notices as Illegal and Arbitrary

Delay Condoned for 81-Year-Old, Capital Gains Reassessment Restored

Rule 46A Violated as Appeal Decided Without Complete Remand Exercise

Maharashtra PSI-2007 incentive is capital receipt: ITAT allows ₹37.85-cr subsidy, rejects revenue tag

Reassessment against deceased assessee sustained as department not informed about death

Reassessment Quashed as Notice Was Not Served on Registered Email

JAO lacked jurisdiction to reopen assessments after 29.03.2022: Telangana HC

Cash-Basis Professional Can’t Be Taxed on Mere 26AS Entries; ITAT Deletes Addition

Cash Loan Above ₹20,000 Not a Defence to Cheque Bounce: Supreme Court Restores NI Act Rigour
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.
