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.
Income Tax Tribunal Resets Ex-Parte Dismissal, Ensures Fair Hearing
Addition Deleted as Cash Deposits Linked to Earlier Withdrawals
Addition on Car Sale Profit Deleted for Ignoring Block Depreciation Rules
Fresh Hearing Granted After Ex-Parte NFAC Order Ignored Filed Documents
No Books, No Section 68: ITAT Deletes Entire Cash-Deposit Additions
Section 80G Deduction Allowed for Temple Renovation Due to Historic Importance
Reopening Dies Twice: ITAT Hyderabad Quashes 148 Notice for Limitation Wrong Approval
Assessment Quashed for Being Passed Without Awaiting DVO Report—Violation of Section 50C(2)
ITAT Rajkot: Wrong Sanction & Late 148 Notice Void Reassessment
Section 263 Upheld as AO Failed to Verify TDS Rates & Delayed PF/ESI Payments
GST Paid Due to Supplier Default Allowable as Business Expense: ITAT Chandigarh
Nominal & Associate Members Do Not Invalidate Section 80P Deductions: ITAT Panaji
Section 263 Set Aside as AO’s View on Repairs Was Plausible and Not Prejudicial to Revenue
Portal Date vs Notice Date: ITAT Orders Fresh Hearing on Legality of Reassessment Notice
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.
