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.
Unsigned Section 148 Notice Voids Reopening: Tribunal Declares Entire Reassessment Invalid
Deduction Upheld Despite Late Filing of Audit Form Under Section 80IAC
Delhi HC Refuses to Quash TDS Prosecution: Managing Director Must Face Trial
JDA Not a Transfer Without Consideration & Possession : Capital Gains Addition Deleted
Donation in accordance with object of the trust cannot be disallowed
ITAT Upholds Genuine LTCG Claim Despite Alleged Accommodation Entries
Offshore Supply Non-Taxable as No PE Was Proven in India: ITAT Delhi
ITAT Chennai Limits Bogus Purchase Addition to 10% Profit, Upheld 153C Satisfaction
₹3.49 Cr Addition Deleted as Demonetisation Cash Deposits Matched Recorded Sales
Revenue Records Alone Cannot Prove Agricultural Land if no Agri Use: ITAT Bangalore
Tax Slab Benefit Allowed Because Trust Not Liable for Maximum Marginal Rate
ITAT Rejects Revision Since Issue Was Debatable and AO’s View Was Plausible
Reassessment Quashed Due to Unsigned 143(2) Notice: Mandatory Signature Requirement Ignored
Routine Business Cash Deposits Not Taxable Despite No ITR
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.
