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.
Addition u/s. 69A quashed as cash deposited was out of cash sales and was duly recorded in books
Sudarshan Kriya Programs Recognized as Charitable Education & Medical Relief
ITAT Pune: ₹1.62 Cr u/s 68 Deleted — No “Source of Source” Needed Pre-01.04.2023
Demonetization Cash Deposit: 69 Addition Sustained but 115BBE @60% Not Applicable Before 01.04.2017
Interest on Delayed Agricultural Tax Payment not allowable: Kerala HC
Charitable Trust Can Exclude Doctor Fees for Indigent Patient Fund Contribution: Bombay HC
Income Tax Appeal Delay Condoned Due to Trustee Suspension & Sealed Records
SC Defines PE Beyond Physical Presence: Hyatt International Ruling Explained
Penalty Cannot Survive on Estimated Bogus Purchase Addition: ITAT Deletes 271(1)(c)
Escapement Below ₹50L: ITAT Quashes 148 Notice Issued After 3 Years
Ex-Parte 144 Assessment Discovered After Bank Freezing – Fresh Opportunity Granted
Reopening Beyond 3 Years: ITAT Quashes 148 Notice Approved by Wrong Authority
Commission to Relatives Not Automatically Bogus: ITAT Bangalore Grants Relief
Silver Oak Shade Trees in Tea Estates Generate Agricultural Income, Not Capital Gains
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.
