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.
CIT(A) Mistaken on VSVS Leads ITAT to Remand Quantum Appeal
AO Didn’t Enquire, CIT(A) Did; Ad-Hoc Additions Crumble; Proper Evidence Beats Estimate
Tribunal Upholds JAO Reassessment Despite Faceless Procedure Requirement
Tribunal Orders Fresh Probe on Rs. 5.24 Cr Land Addition Over 8-km Claim
Section 68 Cannot Apply When No Credit Exists: Tribunal Rejects ₹49.98 Lakh Allegation
Case Restored Because Form 26AS Alone Cannot Justify Taxing Rs. 3.65 Crore
Delhi HC Upholds Prosecution in ₹348 Crore Tax Evasion Case
Interest Paid Deduction Upheld Despite AO’s Re-Examination
Discontinued Business Does Not Transfer Property Ownership to Partners: ITAT Visakhapatnam
ITAT Confirms Client Funds Are Not Advocate’s Income, Deletes U/s 69A Addition
Disclosure of ESOPs from a Foreign Parent Company in an Indian Employee’s ITR
CIT(A) Misread Balance Sheet – Rs.14.73 Lakh U/s 69C Addition Deleted
Interconnect Service Charges Not Royalty: Karnataka HC Dismisses Appeal
ITAT Restores Section 80P Deduction for Cooperative Society Interest Income
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.
