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.
Penalty Quashed Due to Vague Show-Cause Notice
Appeal Revived Because CIT(A) Ignored Supreme Court’s Limitation Extension
Depreciation on Split-Up Assets Allowed PF/ESI Disallowance- Due Date Counts From Salary Payment Month
Addition Removed Because Profit Estimation Was Arbitrary: ITAT Confirms Full Section 80P Eligibility
ITAT Indore: Section 234E Late Fee Deleted for Pre-01.06.2015 Period
Bogus Research Donation Claim Disallowed After CBDT Finds Misuse
Quantum Assessment Restored Due to Reliance on Chartered Accountant
Parallel Proceedings Under Section 153A and 153C Lead to Quashed Assessments
ITAT Ensures Proper Verification Before Granting Tax Refund
Transfer Pricing Assessment Invalidated for 144C Violation: ITAT Bangalore Decision
ITAT Sets Aside Ex-Parte NFAC Order, Remands ₹2.25 Cr Cash-Deposit Addition for Fresh Hearing
CIT(A) Cannot Dismiss in Limine: ITAT Restores Appeal for Decision u/s 250(6)
Appeal Restored After Clerical Error by Consultant Led to Wrong Delay Declaration
ITAT: Multiple 142(1) Notices for Same Query Count as One Default – Penalty Cut to ₹10,000
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.
