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 153 Overrides Section 144C – Time-Barred Order Quashed

Reassessment Notice for AY 2017-18 Invalid Due to Time-Bar Under Section 149

Addition Upheld for Books Rejection but Arbitrary Net profit Estimation Deleted

Gujarat HC Quashes Time-Barred Section 148 Notice Post-TOLA

Rule 46A Violated: Rs. 20 Cr Loan Additions Sent Back for Inquiry

ITAT Dismisses Revenue Appeal on 110 Cr Current Liabilities Dispute

Mechanical u/s 153D Approval Invalidates u/s 153C Assessment: ITAT Quashes Entire Proceedings

Income Tax Proceedings Cannot Be Initiated Against a Deceased Person: Calcutta HC

Tribunal Allows Appeal After Finding Delay Not a Valid Ground for Dismissal by CIT(A)

Hospital Certificates: Practical Pitfalls & Litigation Issues Under Income-tax Act

Cash Deposit Addition Sent Back for Fresh Review Due to New Evidence

Income Tax Act 2025: Key Sections & Big Changes Every Taxpayer Must Know !

Books Cannot Be Rejected Without Specific Defects: ITAT Chandigarh

Section 263 Checkmated – ITAT Says PCIT Cannot Reopen Issues Already Before CIT(A)
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.
