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.
Share Premium Addition Deleted as Amount Belonged to Earlier Year: ITAT Jaipur
ITAT Nagpur Quashes Reassessment for Less Than 7 Days Notice u/s 148A(b)
No Assessment, No Satisfaction, No Penalty: Proceedings u/s 271D Cannot Begin in a Jurisdictional Vacuum
ITAT Deletes ₹36.29 Lakh Addition u/s 69C Based on Uncorroborated Third-Party Tally Data
ITAT Pune Deletes Section 234E Late Fee for Pre-June 2015 TDS Defaults
ITAT Delhi Restricts ₹63.06 Crore Cash Committee Addition to ₹1.78 Crore
NHAI Acquisition Interest Is Part of Exempt Award: Section 96 Overrides Taxability u/s 56(2)(viii)
ITAT Delhi Quashes Penalties for Ambiguous Notices under Sections 271(1)(c) & 271AAB
Phased Housing Project Loses 80-IB(10) Benefit After Land Withdrawal: Kerala HC
ITAT Delhi deletes Section 50C addition after accepting registered valuer’s valuation
Delhi HC Quashes TDS Prosecution After Director Status Is Found Incorrect
Stamp-Duty Value Is Not the Final Word: AO Must Refer Valuation to DVO When Purchaser Disputes It
IPO Financing Explains Source of Investment: ITAT Remands Section 69 Addition for Verification
ITAT Kolkata Remands Trust Registration Issue Over Wrong Section 12A Clause
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.
