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 Remanded as New Evidence Admitted Under Rule 29
Income Tax Reassessment Notice Invalid as AO Relied Only on Faulty Audit Objection
Writ Petition Not Maintainable in Penalty Proceedings with Factual Disputes
Reassessment Quashed for Missing 143(2) Notice and Ignoring Valid Return
PAN Mismatch Triggers Reassessment Remand for Import Verification
Reassessment Quashed Due to Mismatch Between 148A(b) Notice and 148A(d) Order
Disallowance Based on Wrong Person’s Statement Cannot Stand: Delhi ITAT
Borrowed Satisfaction & Zero Independent Enquiry: ITAT Delhi Sets Aside Reassessment
ction 194H Not Applicable to Prepaid SIM/Recharge Discounts: ITAT Delhi
Assessments Quashed as Blank Letterheads Cannot Form Evidence: ITAT Delhi
Section 264 Revision Cannot Be Denied on Technicalities for Elderly Alzheimer’s Patient
Tribunal Affirms Set-Off of Lower of Book Loss or Unabsorbed Depreciation Under 115JB
Block Assessment Can Use Search Evidence & Related Material: SC Upholds HC View
Undisclosed Income May Be Assessed Using Search Material & Related Information: HC
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.
