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 Quashed for Issuing Section 148 Notice Through Wrong Authority
The Culinary Conundrum: Tax Deduction for Food or Business Meal Expenses: A RARE Practical Analysis
15% ‘Misdirected’ Discount on NAV Shares, Rs. 8.70 Cr Addition Deleted
Reassessment Quashed for Being Passed on a Struck-Off Company
Leave Encashment Revolution: Decoding New ₹25 Lakh Exemption
Section 144C(13) Delay Fatal: Tribunal Cancels Assessments
Section 148 notice issued by a JAO instead of FAO is without jurisdiction: ITAT Chandigarh
No Incriminating Evidence, No Addition: ITAT Deletes Jewellery Charges
Section 11 exemption cannot be denied solely for delayed Form 10B uploading
ITAT Rejects AO’s Demand for Third-Party Documents; Section 68 Addition Deleted
Reassessment post full and true disclosure results into mere change of opinion hence not sustained
Delhi HC Denies Condonation of Nine-Month Delay in Revised ITR Filing
CSR Payments to Approved Charities Qualify for Section 80G – Tribunal Reiterates
Rajasthan HC Quashes Reassessment Notice Issued by JAO Due to Faceless Regime Requirements
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.
