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.
Reassessment Proceedings Set Aside for Ignoring CIRP Moratorium and Clean-Slate Principle
ITAT Deletes Rs. 63L Deemed ALV Addition: Real Rent Only Counts
High Court Dismisses Revenue Appeal: No Reassessment Without Incriminating Evidence
Section 54 Exemption Allowed Despite Property Purchased in Spouse’s Name
No PE Without Physical Presence: Court Rejects Virtual Tax Nexus Under DTAA
Deduction Denial Reversed for Failure to Route Provision Through P&L
JAO Has No Jurisdiction – ITAT Quashes 148 Notice Issued Outside Faceless Scheme
No Penalty When Section 56(2)(viib) Itself Not Applicable to Holding–Subsidiary Share Issue
Section 44AF Overrides Section 139(9); Defective Return Notice Unjustified: Telangana HC
Late Form 67 Filing Not a Bar to FTC – Rs. 110 Cr Relief Upheld by Tribunal
Seized Papers Trump Denial: ITAT Upholds Rs. 60 Lakh Additions in Rs. 110 Cr Search Case
Section 69 Addition Fails – RTGS Proof Defeats Excel-Based Cash Allegation
Quantum-Pending – Bona Fide Belief Saves Assessee from Section 271B Penalty
Reopening Based Only on Change of Opinion Is Not Permissible: ITAT Chennai
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.
